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Market Updates

The markets are expected to open marginally lower today as trendsin GIFT NIFTY indicate a negative start for the broader index afterNIFTY closed 916 points higher at 24,924 on Monday.

Cochin Shipyard

The company deepened its tie-up with Drydocks World to boost India’sship repair, offshore fabrication, and maritime clusters using globalpractices.

HFCL

The company secured a Rs.157 crore order from Tera Software (consortiumpartner of ITI) to supply optical fiber cables for WB’s BharatNet Phase-IIIover 3 years.

Jai Balaji Industries

The company approved entry into OPVC pipes, tubes, and fittings businessto complement its existing portfolio and tap new growth opportunities.

KEC International

The company has secured Rs.1,034 crore in new orders across T&D, Civil,and Cables segments.

LTIMindtree

The company signed its largest-ever deal worth $450 million over 7 yearsto deliver AI-led IT, infra, cybersecurity, and SAP/Microsoft services.

Newgen Software

The company’s Saudi Arabia subsidiary signed agreements worth $1.632million with an international client to be executed over 1 year.

Reliance Power

The company’s subsidiary Reliance NU Energies secured 350 MW solarand 175 MW/700 MWh BESS in SJVN’s 1,200 MW solar + 600 MW/2,400MWh BESS tender at INR 3.33/kWh for 25 years, with the Letter of Awardawaited.

Sonata Software

The company opened a new 200,000 sq. ft. facility in Hyderabad to boostinnovation, global delivery, and next-gen digital talent development.

Tata Consultancy Services

The company partnered with Dhofar Insurance Company to implementTCS BaNCS™ for Insurance, enhancing DIC’s digital transformation andoperational agility.

Tata Steel

The company will invest up to $2.5 billion (Rs.21,411 crore) in Singaporebased subsidiary TSHP via equity infusion in FY2025–26 for debtrepayment and restructuring.

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