Market & News

Astrazeneca Pharma India announced that Jesús Diaz-Ropero Esteso has resigned from the position of Non-Executive Director of AstraZeneca Pharma India and consequently from the Board Committee(s) on which he served, with immediate effect, due to a transition from current responsibilities.

Tata Steel today marked a historic milestone in the Company¡¯s journey toward sustainable steelmaking with the introduction of its scrap-based Electric Arc Furnace (EAF) facility at Hi-Tech Valley, Ludhiana. Built with an investment of approximately Rs 3,200 crore, the Ludhiana EAF has a capacity of 0.75 million tonnes per annum. Designed to achieve CO©ü emissions less than 0.3 tonnes per tonne of steel, the plant represents a significant step in Tata Steel¡¯s commitment to achieve Net Zero emissions by 2045.

Western Ministil announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 15 April 2026.

Dorjlung Hydro Power (DHPL) [JV between Druk Green Power Corporation (DGPC), Bhutan & Tata Power Company (TPCL), India] has issued the LOA to a Mumbai based infrastructure company, Patel Engineering (Company or PEL), for a BTN/INR 230.70 crore (excluding taxes) contract for Package I: Pre Construction Works of the prestigious 1,125 MW Dorjilung Hydroelectric Power Project in Bhutan.

The Dorjilung Hydroelectric Power Project is a landmark initiative in Bhutan's energy sector, and is Bhutan's largest hydro project under the Public–Private Partnership (PPP) model, designed to fully support the nation's domestic energy aspirations while enabling the export of surplus clean power to India, thereby strengthening regional energy security. Patel Engineering Ltd. recognizes the strategic importance of this project and is proud to play a role in its execution.

Under Package I, PEL will execute the civil and hydromechanical works for the Dorjilung Hydroelectric Power Project. The scope includes construction of two diversion tunnels of 11.0 m diameter with lengths of 930 m and 821 m, an intermediate adit of 7 m finished diameter and 116 m length, and a highway road tunnel of D-shaped cross section measuring 11 m × 7.5 m and 500 m in length. Additionally, the package covers hydromechanical works comprising four sets of vertical lift fixed wheel gates.

The construction period is set at 300 days, with a Defects Notification Period of one year. The project site is strategically located about 7 km from Autsho town in Mongar Dzongkhag, Bhutan, making it a critical infrastructure development in the region.

Bheema Cements will hold a meeting of the Board of Directors of the Company on 23 March 2026.

Vinati Organics has subscribed to the additional 2,29,50,000 fully paid-up equity shares of the face value of Rs 10/- each at par, amounting to Rs 22.95 crore by way of subscription towards the rights issue of Veeral Organics, a wholly owned subsidiary of the company, and the issued shares rank pari-passu to existing equity shares of Veeral Organics.

RNIT AI Solutions has received multiple work orders from Telangana Technology Services (TGTS), a Government of Telangana undertaking, for implementation and maintenance of AI-based Facial Recognition Attendance Management Systems.

The work orders pertain to deployment of the said solution for the Government Higher Education Department across the State of Telangana, covering the State Board of Technical Education and Training (SBTET), Collegiate Education Department and ITI institutions across the State, under E-Governance, for a period of three (3) years.

These work orders represent the Company's presence in another State in the Higher Education E-Governance domain, thereby reinforcing its presence in Government-led E Governance initiatives for the Higher Education Department.

The total number of users (approximately) covered under the scope is around 10,00,000 (1 million) across the State of Telangana.

The scope of work includes implementation and maintenance of AI-based Facial Recognition Attendance Management Systems on a rate contract basis (Software-as a-Service (SaaS) model), in accordance with the terms specified in the respective work orders.

Artson has received an award for an amount of Rs. 42.22 crore from Anuppur Thermal Energy (MP) for supply, fabrication, testing, painting, packing & forwarding, loading, transportation including transit insurance of prefabricated steel structures for CHP on DAP site basis.

Himadri Speciality Chemical announced the India Ratings and Research has affirmed the credit rating to company's commercial paper of Rs 100 crore at IND A1+.

Vardhman Polytex announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 16 April 2026.