Tata Motors, India’s largest commercial vehicle manufacturer, announced that Delhi Transport Corporation (DTC) has signed a definitive agreement with TML CV Mobility Solutions Ltd., its wholly owned subsidiary, for the operation of 1500 electric buses in the national capital. TML CV Mobility Solutions Ltd. will supply, operate, and maintain 1500 units of 12-metre low-floor air-conditioned

RailTel Corporation of India Ltd, a wholly-owned subsidiary of Indian Railways, announced that it has received an order worth Rs 98.56 crore from Webel Technology Ltd. “This is to inform you that RailTel Corporation of India Ltd has bagged the work order from Webel Technology Limited for acting as System Integrator for Capacity Enhancement of

Gujarat Metro Rail Corporation has awarded Rail Vikas Nigam (RVNL) a contract worth Rs 198 crore for the construction of the Bhesan Depot and workshop (GMRC). The work order entails the construction of Bhesan Depot and Workshop, including DDC, BCC, and associated electrical and mechanical (E&M) works, for Surat Metro Rail Project Phase-1, DC 2.The

IDFC First Bank is nearing an agreement to buy Vaya Finserv’s entire microfinance loan portfolio for approximately Rs 1,000 crore. “The portfolio buyout is intended to meet IDFC First Bank’s priority sector loan (PSL) requirements. “Vaya would continue to exist after the buyout,” said a source familiar with the situation. Furthermore, it is believed that

NTPC Ltd has signed an agreement with GE Power India Limited to reduce carbon emissions from its coal-fired units. This agreement aims to collaborate on research, development, and engineering of technologies that will enable NTPC to reduce the amount of coal fired at units and gradually replace it with co-firing of carboneous and non-carboneous elements,

A subsidiary of Reliance Industries Ltd, Reliance Retail Ventures Limited (RRVL)  finalised agreements to purchase a 100% equity stake in Metro Cash and Carry India Pvt Ltd, which trades under the “Metro India” brand, for a cash payment of Rs 2,850 crore. According to a joint statement, Reliance Retail Ventures Limited (RRVL), a Reliance Industries Ltd.

The US Food and Drug Administration (USFDA) has granted final approval to Zydus Lifesciences’ subsidiary Zydus Worldwide DMCC (Zydus) to market Selexipag tablets, 200 mcg, 400 mcg, 600 mcg, 800 mcg, 1,000 mcg, 1,200 mcg, 1,400 mcg, and 1,600 mcg (USRLD: Uptravi tablets). Selexipag tablets’ 180-day shared generic drug exclusivity period is available to Zydus

Reliance Strategic Business Ventures (RSBVL), a wholly owned subsidiary of Reliance Industries (RIL), announced the acquisition of 23.3% of Exyn Technologies Inc (Exyn) for a total consideration of US$ 25 million. RSBVL and Exyn have also signed a Strategic Partnership Agreement to collaborate on technology and commercialise Exyn’s technology. Exyn is an early-stage technology company founded

Greaves Electric Mobility Private Limited (GEMPL), Greaves Cotton Limited’s e-mobility division, has used the Siemens Xcelerator portfolio of software and services to design and develop electric two and three-wheeler vehicles for the Indian market. The Siemens Xcelerator portfolio’s NX software for product design and engineering and Teamcenter software for Product Lifecycle Management (PLM) will assist

Tata Communications will acquire New York-based live video production firm The Switch Enterprises in an all-cash purchase for ₹486 crores, the company announced the deal on Thursday. When both companies join forces, Tata Communications will support The Switch customers with global reach that spans over 190 countries and territories. The Switch will bring live production