Bharat Petroleum Corporation (BPCL) has awarded contracts for the development of 100 MW Windfarm Projects — 50 MW each in Madhya Pradesh and Maharashtra — as part of its strategy to transition to renewable energy and reduce reliance on imported fossil-based power. Letters of Award (LOA) have been issued to Suzlon Energy for the wind project in Madhya Pradesh and to Integrum Energy Infrastructure for the project in Maharashtra. These projects are expected to be completed and commissioned within two years.
Lupin has received approval from the United States Food and Drug Administration (USFDA) for its Abbreviated New Drug Application for Raltegravir Tablets USP, 600 mg. Raltegravir Tablets are bioequivalent to Isentress HD Tablets, 600 mg of Merck Sharp & Dohme LLC. Lupin is the exclusive first-to-file for this product and is eligible for 180 days of generic drug exclusivity. The product will be manufactured at Lupin’s Nagpur facility . Raltegravir Tablets USP, 600 mg are indicated in combination with other antiretroviral agents for the treatment of human immunodeficiency virus (HIV-1) infection in adult patients and in paediatric patients weighing at least 40 kg. Raltegravir Tablets USP, 600 mg (RLD Isentress HD) had an estimated annual sale of $34 million in the U.S. (IQVIA MAT March 2025).
One97 Communications, the owner of the Paytm brand, its CEO Vijay Shekhar Sharma, and his brother Ajay Shekhar Sharma, have settled with the markets regulator SEBI a case pertaining to the company’s Employee Stock Options (ESOPs) by paying a total amount of ₹2.8 crore. As part of the settlement, Vijay will not accept any fresh ESOPs from any listed company for a period of three years. In addition, SEBI has directed Paytm to cancel the ESOPs granted to the two brothers.
Electronics Mart India commenced commercial operations of a new 7,500 square feet multi brand store under the brand name ‘Bajaj Electronics’ on May 8, 2025 at Anamaya district in Andhra Pradesh. Earlier, the company had commenced the commercial operations of a new multi brand store under the brand name ‘Bajaj Electronics’ on April 19, 2025 at Medchal-Malkajgiri in Telangana.
Infosys and Economist Impact together have launched a sustainability atlas to help businesses navigate a sustainable future. Leveraging Infosys Topaz, an AI-first suite of offerings using generative AI technologies, the new AI-powered tool serves as a gateway to sustainability-focused insights, providing business leaders and policymakers data and intelligence to inform decisions that will drive meaningful climate action.
Ampvolts has signed a Memorandum of Understanding (MoU) with Mecpower Solutions, part of Onix Group of companies, a prominent solar power provider. This strategic collaboration aims to advance green mobility solutions by leveraging the synergies of both organisations to develop sustainable androbust EV charging infrastructure in India. As part of the agreement, the company will identify strategic locations for bulk EV charging stations and serve as the front-end partner for key projects. The company will also ensure the provision of necessary resources such as support and the development of sustainable green mobility solutions.
Mastek has partnered with Zulekha Healthcare Group to deploy an extensive Oracle Fusion Cloud suite (which closely integrates with Oracle Health Cerner) system that aligns with Zulekha’s vision of delivering “Patient First” healthcare while enhancing clinical workflows, operational efficiency, and fiscal agility.
M&M Financial Services has launched a ₹2,996-crore rights issue by offering 15.44 crore fully paid-up equity shares at ₹194 apiece, including a premium of ₹192 per share. The entire amount will be payable at the time of application. The rights entitlement ratio has been fixed at one equity share for every eight held as on the record date of May 14.
Uno Minda has approved the setting up of a manufacturing facility for two-wheeler alloy wheels in Bawal, Haryana. This facility will have an installed production capacity of approximately 1.5 million alloy wheels annually at a cost of ₹200 crore.
Brigade Enterprises has acquired an 11-acre land parcel opposite International Tech Park (ITPL) in Whitefield, Bengaluru, as it looks to expand its commercial real estate footprint in the city’s key tech hub. The land will be developed into a premium office space project with a gross leasable area of around 1.5 million square feet. The proposed development carries a gross development value (GDV) of over ₹2,000 crore.
Venus Pipes & Tubes has informed the exchanges that it has received a letter of intent from one of India’s leading integrated power plant equipment manufacturers for stainless steel seamless boiler tubes used in a series of Supercritical and Subcritical Thermal Power Projects worth ₹190 crore.
RateGain Travel Technologies announced that Cyprus Airways has selected AirGain, RateGain’s advanced pricing intelligence platform for airlines, to gain real-time competitive insights.
Results Calendar: ABB India, Dr Reddys, Swiggy, Bank Of India, KPR Mill, Thermax, Cholamandalam Finance, Motherson Sumi Wiring, Shyam Metallics, Navin Fluorine, Manappuram Finance, Grindwell Norton, Reliance Power, GE Shipping, Intellect Design, Shakti Pumps, CE Infosystems, Relaxo Footwears, Jupiter Life Line Hospital, India Shelter Finance Corp, Alkyl Amines, Birla Corp, Kirloskar Ferrous, Cera Sanitaryware, LLyods Enterprises, Aditya Vision, Eveready Inds, PTC India, Novartis India, Tourism Finance, Hester Bioscience, Dhanalaxmi Bank, Selan Exploration, Poni Sugars, TCI Inds, Tree House Education.
Published on May 9, 2025
