HCLTech has announced a new extension and expansion of its Cornerstone Partnership with MetLife Stadium, including its designation as an Official AI Partner of the Stadium, the New York Giants, and the New York Jets. Building on its designation as the Official Digital Transformation Partner of MetLife Stadium in September 2022, the partnership is now entering its next phase, with HCLTech exploring integrating its AI-led capabilities to create intelligent, scalable solutions that enhance customer experiences and support smarter, safer, and more connected environments.
Tech Mahindra acquires Canada-based Avant Tech Solutions
Tech Mahindra has acquired Avant Tech Solutions (also known as Alluri Technologies), a Canada-based specialist in payments modernisation and wealth platforms. The deal will broaden Tech Mahindra’s offering across a range of areas, including real-time rail capabilities, ISO 20022 migration, wire modernisation, core payments cloud transformation, and wealth management platforms. It will also add identity and access management solutions across North America, whilst opening up potential in open banking, commercial lending, regulatory compliance, and fraud and financial crime prevention.
Reliance Retail acquires Priyanka Chopra’s Anomaly brand
Reliance Retail, a subsidiary of Reliance Industries, has acquired Anomaly, the haircare brand founded by Priyanka Chopra Jonas, marking its latest move in the beauty and personal care segment. The company has taken ownership of the brand’s trademarks, assets, and digital properties. Financial terms of the acquisition were not disclosed.
Infosys appoints Nitin Paranjpe as Vice Chairman
The board of Infosys has approved the appointment of Nitin Paranjpe as non-executive Vice Chairman of the Board, effective immediately. The appointment recognises Nitin’s contribution to the Board. He brings extensive experience, including as non-executive Chairman of Hindustan Unilever Ltd and non-executive Vice Chairman of Heineken NV. As the Vice Chairman, he will support the Chairman in guiding the Board and strategic agenda.
Vodafone Idea gets relief on AGR dues
Vodafone Idea Ltd has received significant relief on its long-pending adjusted gross revenue (AGR) dues, with the Department of Telecommunications (DoT) cutting the payable amount to ₹64,046 crore as of December 31, 2025, from an earlier estimate of ₹87,695 crore following a reassessment.
Lemon Tree Hotels expands footprint in Nepal
Lemon Tree Hotels has announced the opening of Lemon Tree Premier, Biratnagar, marking a key expansion of its upscale footprint in Nepal. Historically known as the country’s industrial powerhouse, Biratnagar is currently undergoing a modern transformation, and Lemon Tree Premier arrives as the city’s first major branded hotel designed to meet this new momentum.
Coal India forays into renewable energy with BESS project
Coal India Limited (CIL) has announced a significant diversification into renewable energy infrastructure. The company has received a Letter of Award (LOA) from GRIDCO Limited, Odisha, for the establishment of a large-scale Battery Energy Storage System (BESS). This project marks a strategic pivot for the coal giant as it expands its footprint into advanced energy storage solutions to support grid stability and renewable integration.
Aurobindo Pharma arm gets Health Canada nod
Aurobindo Pharma subsidiary CuraTeQ Biologics has received a Notice of Compliance (NOC) from Health Canada’s Biologics and Radiopharmaceuticals Directorate (BRDD) for Bevqolva, its bevacizumab biosimilar. CuraTeQ Biologics also has two additional biosimilar applications under review by Health Canada, Aurobindo said in a filing on Friday.
Sanofi India appoints Rahul Bhatnagar as Chairman
The board of Sanofi India Ltd has appointed Rahul Bhatnagar as the Chairman, effective from April 30. Since joining SIL’s Board in 2020, Bhatnagar has actively contributed across multiple Committees, including Audit, Nomination and Remuneration, Corporate Social Responsibility, and Risk Management. He brings extensive expertise in finance, strategy and governance.
NCC bags orders worth over Rs 1,700 crore
NCC Ltd has received four orders in April totalling Rs. 1703.27 crore (excl. GST). Of these orders received, Rs. 929.96 crore pertains to the Buildings Division, Rs 603.41 crore pertains to the Electrical Division, and Rs 169.90 crore pertains to the Transportation Division of the Company.
Bharat Forge acquires stake in Fortuna Engineering
Bharat Forge Ltd has acquired a 30% stake in Fortuna Engineering Private Limited at an equity value of Rs 129.60 crores, subject to final closing adjustments. Established in 1989, Fortuna Engineering Private Limited is a leading manufacturer of precision-machined engine components for automotive and industrial applications in India. The company supplies to major automotive OEMs in India across the passenger vehicle, commercial vehicle, tractor and off-highway segments.
Siemens secures order worth over Rs 1,825 crore
Siemens has announced receiving a new order worth over Rs 1,825 crore. The company said it has received an internal work allocation from its group company for manufacturing and supply of bogies, traction motors and gearboxes.
Deepak Chem Tech signs long-term agreement with Praxair India
Deepak Chem Tech Ltd, a wholly owned subsidiary of Deepak Nitrite Ltd, enters into a long-term agreement with Praxair India (a Linde company) to build a HyCO plant to manufacture key raw materials for DCTL’s upcoming polycarbonate manufacturing facility at Padariya, Dahej, in the state of Gujarat. Under the agreement, Praxair India will build, own and operate a dedicated on-site facility to supply key feedstocks for polycarbonate production. The arrangement establishes a reliable, long-term supply of an essential input for the project.
Shelter Pharma secures international orders
Shelter Pharma Ltd has received international purchase orders, which the Company claims mark a significant milestone in its growth journey and reflect its increasing acceptance in international markets. The development is expected to strengthen the Company’s global presence and contribute positively towards its revenue and overall business expansion.
Diffusion Engineers bags domestic order
Diffusion Engineers Ltd has secured a domestic order valued at approximately Rs 8.16 crore. The order is for the supply and maintenance of Roller Press Rolls for the cement industry.
Published on May 4, 2026