RailTel Corporation of India Ltd. has received fresh business orders, including contracts linked to Prasar Bharati and Western Coalfields. The developments have brought the railway-focused telecom and digital-infrastructure company into market focus.

Yatharth Hospital & Trauma Care Services Ltd. has entered into an investment agreement with Advent International involving an investment of approximately Rs.3,150 crore for a 24.9% stake.

Mazagon Dock Shipbuilders Ltd. has signed a memorandum of understanding with National Shipbuilding & Heavy Industries Park Maharashtra to participate as the anchor shipyard in a proposed greenfield shipbuilding industrial cluster at Dighi in Maharashtra.

Krsnaa Diagnostics Ltd. has signed a 15-year concession agreement with the Punjab Health Systems Corporation for developing, operating and maintaining PET-CT diagnostic facilities at four selected government hospitals in Punjab.

Infosys Ltd. has expanded its Indore Development Centre with a new 330,000-square-foot software development block. The facility is intended to strengthen the company’s capabilities in areas including artificial intelligence and cloud services.

HDFC Bank has initiated the process to identify a successor to Managing Director and CEO Sashidhar Jagdishan, whose current tenure is approaching its end.

Emami’s board is scheduled to meet on September 17 to consider a proposal for buyback of the company’s equity shares. The company has informed the exchanges that the board will discuss the proposal and disclose the outcome after the meeting.

Solar Industries India’s subsidiary has agreed to acquire South African mining chemicals company Omnia Holdings for around $1.36 billion. The transaction is aimed at expanding the group’s presence in the international mining and explosives market. The acquisition would strengthen Solar Industries’ overseas footprint and increase its exposure to mining markets outside India. The deal also […]

KEC International has secured new orders worth Rs.1,303 crore across its transmission and distribution (T&D) and cables businesses. The latest wins have taken the company’s T&D order intake to more than Rs.7,600 crore.

Air India is reducing its scheduled capacity by 8.8% YoY in September to around 3.2 million seats. The reduction is nearly twice the overall capacity decline expected across the airline industry during the month.