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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 Juno Joule Bio Fuels begins construction of compressed bio-gas project in Telangana Mcap of 8 of top-10 most valued firms jumps ₹4.13 lakh cr; HDFC, ICICI Bank top gainers Coal India absorbs cost surge to shield consumers from price spike Shell steps up LNG supplies to India, wins major fertiliser tenders after Gulf disruptions Luxury carmakers hope West Asia ceasefire will lift consumer sentiment Pharma and healthcare companies to face continued margin pressure: HDFC Securities Maruti Suzuki to launch 4 EVs by 2031 India Inc flags surge in cost of packaging raw material, seeks relief measures Orbicular gets USFDA’s tentative nod for generic Semaglutide Injection in partnership with Apotex Reliance seeks government approval to buy Iranian crude oil IPL 2026: Ad volume witness marginal dip in first 13 matches West Asia Crisis: Induction cooking may consume 13-27 GW power Tractor sales cross 10 lakh mark in FY26 on strong rural demand, GST cut India to continue buying Russian crude oil India comfortable on crude and LPG supply on diversified sourcing, says IOC chairman Vingroup plans 60,000 EV fleet as part of $6.5 billion Maharashtra push TVS Srichakra assumes US sponsorship rights to boost global brand visibility Vedanta Aluminium signs pact with two downstream companies Shapoorji Pallonji group reiterates call for public listing of Tata Sons THINK Gas launches GIS platform for instant PNG availability check, faster connections Swiggy co-founder Nandan Reddy to exit; 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IT stocks bleed as broader market rallies India's Jio-BP does not plan to raise fuel prices, CEO says Nykaa opens luxury Charlotte Tilbury flagship boutique in India Om Power Transmission IPO subscribed 46% on day 2 morning Crude surge, geopolitical tensions weigh on IT; financials, paints outperform RBI moots delay and kill switch feature to combat rising online frauds Reliance caps fuel sales at $11 per pump amid growing shortages Sanjay Khanna appointed BPCL CMD Milky Mist beats FY26 targets, IPO on track, says CEO Ola Electric hits upper circuit, closes 20% higher Eli Lilly’s Mounjaro loses ground to less-expensive semaglutide generics & innovator Novo Nordisk’s products Freshworks appoints Kuntal Vahalia Senior Vice President, Partnership Channel HRS Aluglaze bags ₹27-crore order Capri Global Capital to raise ₹500 crore through debenture issue Brand Concepts bets on premium push with Off-White entry, eyes metro expansion Skoda VW eyes 5% india market share; Taigun facelift unveiled Systematix Private Wealth aims ₹40,000-crore AUM in five years Blockchain For Impact launches $50-m innovation platform for medtech ecosystem TCS Q4 Results Highlights: IT bellwether Q4 PAT up 12% y-o-y; FY26 profit sees marginal growth ABD Maestro launches ZOYA Pink Mix Berries Gin at ₹2,500 in Maharashtra Anand Rathi Wealth Q4 profit jumps 41%; board announces bonus issue, dividend Hilton ties up with Royal Orchid Hotels to add 125 hotels Aimtron Electronics bags ₹57.66 crore IIoT and AI surveillance orders Granules India to tighten oversight after US FDA warning, exec says Wow! Momo Foods to add 200 outlets; eyes ₹1,200 cr revenue in FY27 Adani Green Energy's arm inks pact with UAE’s Minerva to develop renewable energy projects in India Mercedes to hike prices again; luxury market splits with BMW US market to dent India pharma earnings even as domestic growth remains firm: Report Uniqlo owner Fast Retailing books 29.4% rise in Q2 profit, raises forecast Adani shares slide lower after rally on fresh SEC case developments ASK Property Fund exits two realty investments for ₹400 crore Tata Trusts trustee Vijay Singh earned ₹20 cr in fees, commission from Tata firms Japanese global cosmetic brand KOSE shares strategy with special attention to India Glenmark gets USFDA nod for generic progesterone vaginal inserts NCLAT upholds NCLT order on distribution of funds from a resolution plan Premier Energies bags orders worth ₹2,577 cr in Q4 FY26 JBM Auto to raise $500 Mn as 10,000-bus order book surges
TACC, NUS I-FIM ink initial pact to advance materials, nanotech
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