Overview
- Bharat Forge signed a roughly Rs 1,662 crore contract with the Defence Ministry to supply about 2.55 lakh 5.56x45 mm CQB carbines to the Indian Army, with execution slated over five years.
- Power Grid Corporation was declared the successful bidder in a 2,000 MWh standalone battery storage program that includes a 150 MW/300 MWh installation at Kalikiri in Andhra Pradesh.
- InterGlobe Aviation received a Delhi GST order seeking Rs 458.26 crore for FY2019–FY2023 with interest and penalty, and the company said it will contest the demand.
- Lupin’s Netherlands unit Nanomi BV entered a definitive agreement to acquire Amsterdam-based VISUfarma BV, with completion targeted by February 28, 2026.
- Muthoot Money raised Rs 500 crore via a rights issue allotment to Muthoot Finance, while NTPC Green started commercial operations of an additional 13.98 MW at Khavda‑I and Gujarat Kidney debuted after a Rs 250.80 crore IPO.