Escorts Kubota

The company has entered into a Business Transfer Agreement with Sona BLW Precision Forgings (Sona Comstar) for transferring the existing railway equipment business division (RED) as a going concern, on a slump sale basis, for Rs 1,600 crore. This aligns with the company's strategic focus on the agri and construction equipment sectors.

Infosys

The digital services and consulting company unveiled its new and expanded Living Labs to help clients accelerate innovation and leverage emerging technologies for future-proofing their businesses. It also announced a collaboration with the University of Cambridge to establish a new AI Lab in London. Additionally, the company strengthened its collaboration with Meta to drive innovation in generative AI through open-source initiatives.

NLC India

The company has signed a Joint Venture Agreement with Rajasthan Rajya Vidyut Utpadan Nigam for setting up a 3x125 MW lignite-based thermal power station in Rajasthan. It will also develop the mines to meet the fuel requirements of the thermal power station. Additionally, its subsidiary, NLC India Renewables, has signed a Joint Venture Agreement with Rajasthan Rajya Vidyut Utpadan Nigam for developing 2,000 MW of renewable power projects in Rajasthan.

Signature Global

The company has executed a Sale Deed to sell its property in Haryana State Industrial Infrastructure Development Corporation at Udhyog Vihar, Phase-V, Gurugram, to Culture Holidays India for Rs 25.5 crore.

Mahindra and Mahindra

The automobile company has inaugurated its two development test facilities: the Mahindra Passive Safety Lab and the Battery & Cell Research Lab, in Chennai.

Kalpataru Projects International

The Board will meet on October 28 to consider the company's unaudited standalone and consolidated financial results for the quarter and half-year ended September 2024, as well as a proposal for raising funds via Qualified Institutions Placement (QIP).

Mankind Pharma

The company and its subsidiary, Appian Properties, have completed the acquisition of a 100% stake in Bharat Serums and Vaccines for Rs 13,768 crore. Post-acquisition, Bharat Serums and Vaccines has become a wholly owned subsidiary of the company.

Adani Power

The Board will meet on October 28 to consider raising funds of up to Rs 5,000 crore via public issue and/or private placement of non-convertible debentures (NCDs) in one or more tranches.

Titan Company

The Board has appointed PB Balaji as Nominee Director of Tata Sons on the board of the company, effective October 28.

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