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Market Updates

The markets are expected to open marginally higher today as trends in GIFT NIFTY indicate a positive start for the broader index after NIFTY closed 62 points lower at 25,046 on Wednesday.

ABB India

The company shared ABB Group’s plan to divest its Robotics division to SoftBank for $5.375 billion, aiming to enhance AI-driven robotics leadership.

Adani Enterprises

The company approved raising up to Rs.3,000 crore through issuance of NCDs via permissible modes including private placement, public issue, or institutional placement.

Centum Electronics

The company signed an MoU with GRSE to jointly develop advanced indigenous naval navigation systems, enhancing R&D, manufacturing, and modernization for the Indian Navy.

Escorts Kubota

The company plans to invest up to Rs.2000 crore in Haryana to expand manufacturing and R&D facilities for agriculture and construction equipment.

G R Infraprojects

The company received Rs.290.23 crore LOA from State Highways Authority of Jharkhand for constructing 26.67 km Giridih Bypass on EPC mode.

HFCL

The company secured export orders worth ~$34.19 million (Rs.303.35 crore) for supplying optical fiber cables through its overseas subsidiary to an international customer.

Infibeam Avenues

The company’s backed Phronetic AI launched PayCentral.ai, India’s first Agentic Payment Platform enabling autonomous, secure, and auditable AI-driven transactions for merchants and enterprises.

Interarch Building Solutions

The company will set up a Rs.70 crore, 40,000 MT PEB manufacturing facility in Kheda, Gujarat, enhancing domestic and export capabilities.

JSW Cement

The company commissioned a 1.0 MTPA grinding unit at Sambalpur through Shiva Cement, raising total installed capacity to 21.6 MTPA.

RateGain

The company announced that Sunrise Airways adopted its AirGain platform to optimize pricing, enhance revenue, and improve affordable air connectivity across the Caribbean.

Sai Life Sciences

The company, with Agility Life Sciences and Centrix Pharma, launched an Integrated CMC Partnership to accelerate end-to-end drug development for innovator biopharma companies.

Sun Pharmaceutical Industries

The company received NCLT approval for amalgamating five subsidiaries and reclassifying general reserve to retained earnings under its composite scheme of arrangement.

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