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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 after Nifty closed 10 points higher at 24,467 on Wednesday.

Adani Enterprises:

The company announced that the Scheme of Amalgamation betweenStratatech Mineral Resources and Mahan Energen, sanctioned by the NCLT,has become effective.

Alembic Pharmaceuticals:

The company received USFDA tentative approval for OlopatadineHydrochloride Ophthalmic Solution USP, 0.7% (OTC), with a market size of$22 million.

Bharti Airtel:

The company extended a multi-year, multi-billion deal with Ericsson for 4Gand 5G RAN products, enhancing network coverage and capacity.

Cyient DLM:

The company signed an MoU with Arcedo Systems to establish a 500 kWprooftop solar plant at its Mysore facility under a long-term PPA.

Eicher Motors:

The company inaugurated Royal Enfield's first fully-owned CKD assemblyplant in Samut Prakan, Thailand, enhancing mid-size motorcycle operationsin Asia-Pacific.

Hindustan Aeronautics:

The company announced DAC's approval for procurement of 6 AdvancedLight Helicopters for Indian Coast Guard's coastal security and surveillance.

Hero MotoCorp:

The company launched the VIDA V2 electric scooter range with advancedfeatures, removable batteries, and an IDC range of up to 165 km.

Infosys:

The company partnered with Kardex to implement SAP S/4HANA usingInfosys Cobalt, enhancing ERP unification, operational efficiency, andscalability across 30+ countries.

L&T Technology Services:

The company secured a $50 million multi-year deal to provide productintegration services for advanced networking solutions in North America.

Nazara Technologies:

The company and Lysto signed an MoU to launch "The Growth Protocol," anL1 blockchain for digital marketing and growth applications in the Web3ecosystem.

Suzlon Energy:

The company and JSP Green Wind expanded their partnership with a 302.4MW wind power project in Karnataka, making it Suzlon's largest C&I orderfrom a single customer.

Zaggle Prepaid Ocean Services:

The company signed a 5-year domestic agreement with AGP City Gas forthe Zaggle Fleet Program, enhancing operational synergies.

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