Sobhagya Mercantile
Wins contract from Assam Mineral Development Corporation for mining and geological services under the Vajadoli North Block.
Scope covers licensing, prospecting, drilling, excavation, transportation and mineral sale.
Performance security of Rs. 1.5 lakh submitted; operations to begin post-agreement.
LatentView Analytics
Appoints Venky Ramesh as Chief Client Officer for Consumer, Marketplace and Retail.
Brings over 20 years of experience across Infosys, Cognizant, Capgemini and EPAM.
KPIT Technologies
Raises stake in Switzerland-based N-Dream AG from 88.9 percent to 90 percent.
Acquired additional 1.1 percent for EUR 2.82 million.
N-Dream provides cloud-based in-car gaming platforms.
Dhanlaxmi Bank
RBI extends tenure of Additional Director Nageswara Rao Chatradi for two years (Nov 2025–Nov 2027).
Anand Rathi Wealth
Infuses fresh capital (GBP 100) into UK subsidiary to commence operations.
Supports firm’s international expansion.
Promoter Activity
Premco Global: Promoter bought 0.03 percent
AK Capital Services: Promoter bought 0.06 percent
T T Ltd: Promoter bought 0.04 percent
NCC: Promoter bought 0.07 percent
NRB Industrial Bearing: Promoter bought 0.22 percent
Shaily Engineering: Promoter sold 0.33 percent
Shanti Educational Initiatives: Promoter sold 0.37 percent
GSB Finance: Promoter sold 55.25 percent
JSW Cement – Nuvoco Transaction
Nuvoco Vistas signs SPA to acquire Algebra Endeavour for Rs. 200 crore.
JSW Cement sells its entire stake for Rs. 191.63 crore.
Completion within 10 days; not a related-party transaction.
Reliance Retail
Launches pet food brand Waggies with aggressive pricing strategy (20–50 percent lower than peers).
Landmark Cars
Luxury car demand rising sharply among salaried professionals and startup founders, driven by rising income levels.
Pharma Sector
Government plans minimum import price for essential drug raw materials to protect domestic API manufacturers.
Railways – QSR Format Expansion
Railway Board approves premium single-brand food outlets at stations (McDonald’s, KFC, Haldiram’s, etc.), similar to airport model.
MGL on Mumbai CNG Disruption
Company expects CNG supply to normalise by afternoon; PNG household supply remains unaffected.
ORSL
Wins Danish–Thai–Indian circular bioeconomy project grant worth approx Rs. 1.2 crore for mango waste valorisation.
Technology & Telecom Updates
Tejas Networks – AI Network Upgrade
Highlights major capex cycles in 4G/5G, fiber broadband, DWDM upgrades, Satcom-IoT and AI middle-mile networks.
Strong demand expected for 400G/800G connectivity across data centers and edge clusters.
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