As a part of a multi-year expertise transformation program, Northern Belief has expanded its strategic relationship with Tata Consultancy Companies to reinforce its international securities settlements platform, which spans 99 international markets. Northern Belief has leveraged TCS BaNCS™ for company actions and earnings processing since 2017. This newest collaboration provides Northern Belief entry to the TCS BaNCS™ International Securities Platform which presents multi-entity, multi-market and multi-asset class capabilities to assist create an built-in securities again workplace and streamline commerce processing and settlements.
Aarti Medicine knowledgeable the exchanges that the Firm Secretary & Compliance Officer has obtained an Administrative Warning letter issued by Deputy Basic Supervisor, Investigation Division of SEBI for violation of SEBI (Prohibition of Insider Buying and selling) Rules, 2015 in reference to investigation into buying and selling actions of sure entities within the script of Aarti Medicine Restricted. In keeping with SEBI, the corporate didn’t take sufficient steps to acquire requisite particulars and establish all of the quick kinfolk of the Designated Individuals of the Firm.and Code of Conduct on PIT was not made relevant to the sure quick kinfolk of designated individuals.
Okay&R Rail Engineering, a BSE SmallCap firm, has secured an order from government-owned Indian Port Rail and Ropeway Company Restricted, which is a primary of its form three way partnership between 11 main ports beneath the Ministry of Ports, Transport and Waterways, holding 90 per cent of fairness capital, and Rail Vikas Nigam Restricted (RVNL) beneath Ministry of Railways, holding 10 per cent of fairness capital. The quantity of the initiatives ranges from Rs 50 to 5000 crore, it stated.
IIFL Services Companies has purchased further shares of Avanti Feeds for Rs 470 crore via an open market transaction. In keeping with the block deal information out there on the Nationwide Inventory Change (NSE), IIFL Services Companies bought 59.77 lakh shares or 4.4 per cent stake in Avanti Feed s at a mean worth of Rs 786.
The NCLAT has issued a discover to Adani Group entity Ambuja Cements over a plea by Alok Sanghi, former promoter of Sanghi Industries, which was acquired by Ambuja in 2023. Passing an interim order on Tuesday, the appellate tribunal has stayed the order of the Ahmedabad-bench of NCLT which had directed initiation of insolvency proceedings in opposition to Alok Sanghi saying “in pursuance of the impugned order, no additional steps shall be taken.” The Nationwide Firm Legislation Appellate Tribunal granted two weeks’ time to Ambuja Cements and directed to listing the matter on April 14, 2025. Alok Sanghi has moved NCLAT in opposition to an order handed by the Nationwide Firm Legislation Tribunal (NCLT) on February 25, 2025, in an utility beneath Part 95 of IBC filed by Ambuja Cements over the private assure of Rs 84 crore by him.,
Coromandel Worldwide Ltd, a part of the diversified conglomerate Murugappa Group, has set a goal to double the sulphur manufacturing capability to 50,000 tonne and has opened the second manufacturing plant in Andhra Pradesh on this connection, a high official stated. The ability in Visakhapatnam is geared toward making certain a gentle provide of high-quality Bentonite Sulphur fertilisers to the farmers.
Bharat Electronics Ltd (BEL) has obtained further orders value ₹577 crore since February 20, 2025, bringing the defence public sector enterprise (PSU)‘s complete order e-book to over ₹13,000 crore for the present fiscal yr 2024-25 (FY25). “Main orders embrace airborne digital warfare merchandise, a complicated composite communication system for submarine, doppler climate radar, prepare communication system, radar upgradation, spares, companies, and so forth. With these, the whole collected orders obtained by BEL in the course of the present monetary yr stand at Rs.13,724 crore,” added BEL in its trade submitting.
Jay Bharat Maruti has hiked its shareholding in JBM OGIHARA Die-Tech (P) Ltd to 49 per cent, from from 39 per cent, by buying fairness stake from its three way partnership companion OGIHARA Thailand Co Ltd. JBM OGIHARA Die-Tech (P) Ltd (JODT) — a three way partnership of Jay Bharat Maruti Ltd (JBML), JBM Auto Ltd (JBMA) and OGIHARA Thailand Co Ltd (OTC) — is within the enterprise of producing and promoting press stamping dies and is a Tier 1 provider of Maruti Suzuki India Ltd (MSIL). BML has additional acquired 25,00,000 fairness shares (10 per cent) of JODT, an affiliate firm, from its current shareholder OTC, the corporate stated in a regulatory submitting.
Kalpataru Initiatives Worldwide Ltd (KPIL) on Thursday introduced securing new orders value Rs 2,306 crore within the home as effectively the worldwide markets, taking its complete order e-book to Rs 22,500 crore. The worldwide orders have been bagged by its transmission & distribution (T&D) enterprise, whereas the buildings enterprise has acquired orders in India, KPIL stated in a press release.
The Board of Laurus Labs has authorised funding of Rs 83.30 crore in KRKA Pharma (KRKA), a three way partnership of the Firm. Additional, KRKA d.d., Novo mesto, Slovenia (co-venturer) shall additionally make investments an equal quantity thereby, sustaining the prevailing shareholding ratio of 51:49 between KRKA d.d., Novo mesto and Laurus Labs. The aim of this funding is to accumulate land and to fulfill preliminary value of organising of a producing facility for manufacturing of completed merchandise for the brand new markets, together with the Indian market. This funding aligns with the corporate’s strategic progress plans and long-term enterprise targets.
Biocon Biologics Ltd, a completely built-in international biosimilars agency, a subsidiary of Biocon, introduced a collaboration with Civica Inc. Underneath this settlement, Biocon Biologics will provide Insulin Aspart drug substance to Civica, for use to supply the ultimate Insulin Aspart drug. The transfer goals to reinforce entry and affordability of Insulin Aspart within the US.
Brigade Group has launched Brigade Altius, a undertaking with a income potential of ₹1,700 crore. This comes as the corporate goals to double its progress in Chennai throughout residential, industrial, retail, and hospitality sectors, based on Pavitra Shankar, Managing Director, Brigade Enterprises Ltd.
Rail Vikas Nigam (RVNL) has emerged because the lowest bidder (L1) for the provision of a 2×25 KV Overhead Tools (OHE) and Energy Provide Set up (PSI) system from South Western Railway, with the undertaking valued at Rs 156.35 crore. The stated contract includes Engineering, Procurement, and Building (EPC) for the design, provide, erection, testing, and commissioning of the 2×25 KV OHE and PSI system.
RITES has obtained Letter of Acceptance for Finishing up Remaining Location Survey involving Preparation of DPR, Remaining Alignment Design, Visitors Survey Report, ROR calculations, Detailed Estimate and Preparation of EPC paperwork for Excessive Pace Elevated Rail Hall between Hyderabad- Benguluru and Hyderabad-Chennai utilizing Trendy Survey Strategies e.g. Airborne or Terrestrial LIDAR” from South Central Railway and formal settlement shall be executed sooner or later. The worth of the order is Rs 27.96 crore.
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