Rashtriya Chemicals and Fertilizers Ltd. has awarded Larsen & Toubro Ltd. a Rs.797 crore contract, excluding taxes, for modernisation of its ammonia manufacturing plant at Thal in Maharashtra. L&T emerged as the lowest bidder for the project.
Rashtriya Chemicals and Fertilizers Ltd. has awarded Larsen & Toubro Ltd. a Rs.797 crore contract, excluding taxes, for modernisation of its ammonia manufacturing plant at Thal in Maharashtra. L&T emerged as the lowest bidder for the project.
Dr Lal PathLabs Ltd. has approved the acquisition of a 70% stake in SN Genelab Private Ltd. for a cash consideration of up to Rs.168 crore. The transaction also includes a performance-linked earn-out of up to Rs.31.5 crore, subject to the agreed conditions.
LCC Projects Ltd. has emerged as the lowest bidder for the Chhoti Kalisindh Medium Irrigation Project in Rajasthan. The project involves a sprinkler-based irrigation system powered by solar energy and has an estimated value of Rs.653.34 crore.
L&T Technology Services Ltd. (LTTS) has entered into a strategic partnership with Cognite to develop and deliver industrial artificial-intelligence and data solutions for asset-intensive industries.
Singapore-based investment firm Temasek has acquired a minority stake in Romsons Group through a strategic private-equity transaction.
Fujifilm India is planning to invest around Rs.800 crore in a greenfield semiconductor-materials manufacturing facility at Dholera in Gujarat. Commercial production is targeted for 2027–28, with the project planned in two phases.
Avantel Ltd. has received a purchase order worth Rs.177.35 crore from Zetwerk Manufacturing Businesses Ltd. for the supply of satellite communication equipment.
Arvind SmartSpaces Ltd. has reported bookings of more than Rs.500 crore within 30 days of launching its Arvind Sylva – The Green Reserve residential project. The bookings represent approximately 60% inventory absorption by value.
Persistent Systems Ltd. has secured an additional 61.15% stake in Germany-based Nagarro SE through its voluntary public takeover offer. Including the stake acquired earlier, Persistent’s aggregate holding has reached 83.25% of Nagarro’s outstanding share capital, excluding treasury shares.
The Competition Commission of India (CCI) has approved L’Oréal India’s proposed acquisition of Onesto Labs, the company behind beauty and personal-care brands including Bare Anatomy and Chemist at Play. The regulatory clearance moves the proposed transaction forward.
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