HCL Technologies: The company signed a seven-and-a-half-year, $278 million deal with apoBank, Germany’s largest cooperative bank.
* TCS:* The company has opened a new IoT engineering lab in Ohio that will focus on manufacturing, energy and consumer solutions.
* BL Kashyap and Sons:* The company has bagged two new orders totalling approximately Rs 1,021 crore. These include a construction order from DLF City for Rs 924 crore and a civil construction order from Sattva Homes for Rs 97 crore. The company’s total order book to date is Rs 3,545 crore.
* Cipla:* The Patna tax office has ruled against the company with regard to input tax credit. The company will appeal against the input tax credit ruling before higher authorities.
* Dollar Industries:* The company recorded its highest ever revenue in 2023-2024. It will open 50 exclusive branded outlets across South India by 2027. It aims to grow sales in South India by 50% in 2024-2025.
* NHPC:* National High Power Testing Laboratory has approved transfer of 10 million shares from the company to Power Grid Corporation. The company’s shareholding in NHPTL has increased to 12.5% ​​from 20% earlier. NHPTL is no longer an associated company of the company.
* TVS Supply Chain Solutions:* The company has signed a five-year agreement with Daimler Trucks AG for integrated supply chain solutions services in Singapore.
* Castrol India:* The board has appointed Kedar Lele as MD with effect from November 1 for a term of five years.
* LTIMindtree:* The company has announced the opening of its regional headquarters in Saudi Arabia’s capital Riyadh as part of its expansion in KSA and the Middle East.
* Patanjali Foods:* The company said its board had evaluated the initial proposal for sale of its non-food business by Patanjali Ayurved on April 26. A committee comprising independent directors, CEO and CFO is evaluating the proposal.
* Wipro:* The company has introduced the Lab45 Al platform, designed to improve efficiency and transform business functions.
