Mazagon Dock Shipbuilders has secured a Rs 1,990 crore contract with the Ministry of Defence to integrate Air Independent Propulsion (AIP) technology into Scorpene-class submarines. This project will enhance the endurance of India’s conventional submarines, contributing to the country’s self-reliance in defense technology and strengthening its naval capabilities.
Lupin has acquired the Huminsulin range of insulin products from Eli Lilly in India, significantly expanding its diabetes portfolio. This strategic acquisition will help provide millions of patients with access to affordable, high-quality insulin options for better diabetes management.
Jubilant Ingrevia's stock surged after its subsidiary, Jubilant Infrastructure, revealed plans to acquire a 6.67% stake in Forum I Aviation Private Limited. This strategic investment aims to support FAPL's business growth in the aviation sector, signaling long-term growth potential for Jubilant Ingrevia.
British International Investment (BII) is investing Rs 650 crore in Mahindra Electric as the final tranche of a larger funding commitment, increasing its stake in the EV subsidiary. This investment, along with strong Q2 financial results from Mahindra & Mahindra, underscores the company’s growing leadership in the electric vehicle market.
KEC International has announced the acquisition of new orders worth Rs 1,073 crore, expanding its presence across key sectors such as Transmission & Distribution, civil infrastructure, transportation, and cables. These strategic wins, coupled with a strong order book exceeding Rs 40,000 crore, position the company for robust growth in the coming quarters. Explore how KEC's recent performance and business restructuring contribute to its promising future.
Hero MotoCorp has extended its partnership with Harley-Davidson to co-develop new motorcycles and expand the popular X440 model into new variants. This strategic move aims to strengthen Hero's position in the premium segment and tap into global markets, combining both brands' strengths for long-term growth.
NBCC (India) Ltd. has recently secured multiple high-profile orders worth ₹368.75 Crore, including projects for the Varanasi Development Authority, AIIMS Gorakhpur, and IIT Roorkee. These developments highlight the company’s growing footprint in sectors like healthcare, education, and urban infrastructure, positioning it for continued growth in the coming years.