Tejas Networks has announced the appointment of AVS Prasad as its new Chief Financial Officer, effective May 16. The appointment comes as part of the company’s ongoing efforts to strengthen its financial governance and strategic capabilities. Prasad, who currently serves as Finance Controller at Tejas Networks, brings with him more than 27 years of experience across the Tata Group ecosystem.

Rubicon Research has announced the acquisition of an 85% equity ownership in Arinna Lifesciences Ltd from its current shareholders. With a portfolio of over 60 brands in chronic therapies, Arinna is one of the few domestic formulations companies principally focused on drugs treating conditions of the central nervous system (”CNS”) with more than 4,000 prescribers backed by an established distribution network of distributors, stockists and retail pharmacies in India.

Quadrant Future Tek has received a Letter of Acceptance for order from Patiala Locomotive Works (PLW) for supply, installation, testing and commissioning of onboard KAVACH loco equipment Ver- 4.0 with Warranty. The value of the contract is worth Rs. 20.19 crore.

GHV Infra Projects Ltd has received a construction contract worth ₹815 crore excluding taxes from APCO Infratech Private Ltd for road construction and other miscellaneous civil works in Maharashtra The construction period for the contract is 30 months.

The Board of Directors of SPEL Semiconductor Limited at its Meeting held today i.e., Apr 15, 2026 has approved the sale of Land to extent of 3.8 Acres out of land forming part of its immovable property to mobilize funds to improve liquidity.

Suraj Estates has acquired a piece and parcel of land for Rs 8.53 crore and also an area of 2,200 sq ft to be handed over to land owners, taking the total acquisition cost of Rs 18 crore. The plot is situated at G/North ward, Dadar (West), which is one of Mumbai’s established micro-markets characterised by strong demand fundamentals, excellent connectivity, and proximity to key commercial districts such as Lower Parel, Worli and Bandra Kurla Complex.

Fino Payments Bank has successfully migrated its Core Banking System (CBS) to Finacle, with a strategic investment of Rs 200 crore, marking a major milestone in its digital transformation journey. The migration establishes a scalable, modular, and future-ready technology platform to support the Bank’s next phase of growth, including its transition to a Small Finance Bank (SFB).

Godawari Power and Ispat Limited (GPIL) has infused ₹50 crore into its wholly owned subsidiary, Godawari New Energy Private Limited (GNEPL), reinforcing its strategic push into the clean energy and battery storage segment. The investment has been made through the allotment of 5 crore equity shares of ₹10 each on a rights basis, as part of the company’s previously approved capital commitment.

John Cockerill India Ltd has bagged an order from JSW Steel Coated Products Ltd for Design, Manufacturing, Supply, Supervision of Erection & Commissioning of Continuous Galvanizing Line at Khopoli plant. The total value of contract is approx Rs 300 crore.

Brigade Group today announced the signing of a Joint Development Agreement (JDA) for an 8.63-acre parcel in Gunjur, East Bengaluru. The 39-acre development, planned primarily as a large-scale residential township, will have an estimated gross development value (GDV) of about ₹7,200 crore. The overall land assembly for the township is being undertaken through a combination of outright purchase and joint development agreements, with the execution of the 8.63-acre JDA representing a critical trigger for progressing the larger master-planned development.

IndiQube Spaces Limited, one of India’s leading tech-enabled workspace solutions providers, has announced the signing of a ₹52 crore workspace deal with a leading Japanese e-commerce giant for approximately 35,000 sq. ft. at Outer Ring Road, Bengaluru over a tenure of five years. The mandate is expected to support the client’s India operations with a fully managed, enterprise-grade workplace in one of the country’s most strategic technology corridors.

Samhi Hotels Ltd, through its wholly owned subsidiary SAMHI Skyline Private Limited, has entered into an agreement with Ingka Centres India Private Limited, part of fthe Ingka Group (Ingka Group operates three businesses in one: IKEA Retail, Ingka Centres and Ingka Investments), for leasing an upscale ~162-room hotel within Ingka Centres’ upcoming ~2.5 million sq. ft. mixed-use development in Noida. The project, which is in active development, is envisioned as a marquee project that will meaningfully enhance Noida’s skyline and further strengthen its positioning as a leading commercial and hospitality hub in the Delhi NCR region The hotel will form part of Ingka Centres’ mixed-use Meeting Places concept, creating a modern retail-led destination that blends shopping, leisure, and community-focused experiences while supporting local businesses and workspaces.

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Published on April 16, 2026