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Market Updates

The markets are expected to open marginally lower today as trends in GIFT NIFTY indicate a negative start for the broader index after NIFTY closed 33 points higher at 24,855 on Wednesday.

ABB India

The company deployed its SCADAvantage automation solution for THINK Gas’ CGD network, enabling 60% cost reduction and real-time operational control across 10 states.

Aster DM Healthcare

The company approved acquisition of 13% in Dr. Ramesh Cardiac Hospital for Rs.63.01 crore (increasing stake to 70.49%) and signed a 30-year lease for a 500-bed Bengaluru hospital with ?580 crore investment, operational in H2 FY29.

Aurobindo Pharma

The company’s subsidiary Aurobindo Pharma USA will acquire 100% in Lannett Company LLC (USA) for $250 million to expand its US manufacturing and controlled substances portfolio.

Bharat Electronics

The company received fresh orders worth Rs.551 crore for optronic systems, IFMIS software, control systems, receivers, communication equipment, spares and services.

Bharat Forge

The company will set up a new aerospace ring mill in Pune, operational by 2026, after signing supply contracts with Pratt & Whitney Canada.

Jio Financial Services

The company approved raising Rs.15,825 crore via preferential issue of 50 crore warrants at Rs.316.50 each to promoter entities.

KEC International

The company secured Rs.1,509 crore orders across T&D (India, overseas), TCAS in India under Kavach, and cable supply in domestic and export markets.

Kilburn Engineering

The company received a Rs.30.79 crore order for rotary drums, cooler drum and coating drum for a fertilizer plant.

KPIT Technologies

The company partnered with JSW Motors to co-develop software-defined electric and hybrid vehicles, supporting JSW's $3 billion NEV investment in India.

Lemon Tree Hotels

The company signed three new license agreements for 85-room Surat, 84-room Rudrapur and 75-room Dalhousie properties via subsidiary Carnation Hotels.

Tata Motors

The company approved acquisition of 100% stake in Iveco Group NV (excluding defence business) for €14.1/share in an all-cash offer, closing by April 2026.

Waaree Renewable Technologies

The company received revised scope under its EPC contract for a 2012.47?MWp solar project, enhancing order value to Rs.1,510.06?crore.

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