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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
TACC, NUS I-FIM ink initial pact to advance materials, na...
By PTI · 2026-06-02 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Graphite electrode maker TACC on Tuesday said it has signed an initial pact with the Institute for Functional Intelligent Materials to collaborate in fields of advanced materials science, nanotechnology and related disciplines.

The collaboration reflects a shared vision between academia and industry to accelerate the development, validation and commercialisation of next-generation advanced materials technologies, including graphene and other functional nanomaterials, a company statement said.

According to the statement, TACC Limited, an LNJ Bhilwara Group company and wholly-owned subsidiary of HEG Ltd, has signed a memorandum of understanding (MOU) with the Institute for Functional intelligent Materials (I-FIM) at the National University of Singapore (NUS) to collaborate in the fields of advanced materials science, nanotechnology and related disciplines.

The agreement establishes a framework for long-term cooperation between TACC and NUS I-FIM, combining the company's industrial and commercialisation capabilities with NUS’ globally recognised scientific research expertise.

"Carbon-based advanced materials are redefining industries, and TACC sits at the intersection. Our MOU with NUS is a deliberate step toward accelerating technology maturity, creating tangible commercialisation pathways, and strengthening the Indian innovation ecosystem by uniting world-class research with industrial-scale ambition," Ankur Khaitan, MD and CEO, TACC Ltd, said.

The agreement will also focus on the development, testing, validation and commercialisation of new technologies and accelerating technology maturity (TRLs) through applied R&D and pilot projects.

It will also focus on exploring commercialisation pathways, including licensing agreements, startups and joint ventures.

"Graphene's potential has never been in question, but the challenge has been its successful integration into real-world applications. This partnership brings together the scientific depth of NUS and the industrial scale and materials expertise of a company that understands what it takes to manufacture at the frontier," Konstantin Novoselov, Director of NUS I-FIM and one of the most distinguished physicists and a Nobel laureate for the discovery and characterisation of Graphene.

The partnership comes at a time when advanced materials such as graphene are gaining increasing global importance across sectors, including energy storage, electronics, thermal management, coatings, infrastructure, mobility and industrial manufacturing.

By combining scientific innovation with industrial scalability, the collaboration seeks to support the development of commercially viable graphene and advanced material applications tailored for future global industries.

TACC Limited operates at the intersection of advanced carbon technologies and industrial innovation as part of the LNJ Bhilwara Group, one of India's most diversified conglomerates.

Published on June 2, 2026