Wipro Ltd has announced a strategic partnership with Kongsberg Digital, a global leader in advanced engineering and industrial digitalisation, to jointly deploy next-generation AI-powered Digital Twin solutions for the Energy & Utilities sector. Together, Wipro and Kongsberg Digital will provide organisations with a unified environment that brings together physics-based engineering models, real-time operations, and enterprise AI.
Mastek said it had entered a Memorandum of Understanding for the sale of a commercial building with an approximate built-up area of 1,57,233 sq. ft. on leased land admeasuring 15.50 acres at Mahindra World City SEZ, Chengalpattu, Chennai. The aggregate consideration of ₹60 crore is to be received in two tranches in accordance with the terms of the said MoU. The company did not disclose the buyers’ identity.
Ampvolts Ltd, one of India’s leading electric vehicle infrastructure providers, will develop and operate 17 high-capacity electric charging hubs in industrial and logistics corridors in Western India, in partnership with Cholamandalam Leasing Ltd. The infrastructure will support the deployment of Montra Electric RHINO 5538 EV trucks, enabling long-haul electric freight movement at scale by addressing the critical challenge of reliable charging for heavy-duty EVs.
One 97 Communications (Paytm) has issued a formal clarification to stock exchanges following a major regulatory development involving its associate entity, Paytm Payments Bank Limited (PPBL). The company confirmed that the Reserve Bank of India (RBI) has cancelled the banking licence of PPBL, effective from the close of business on 24 April 2026. The company has moved quickly to reassure users and stakeholders that its core services remain fully operational and uninterrupted. It emphasised that its suite of digital payment and financial services is no longer dependent on PPBL.
NLC India Limited (NLCIL), which participated in the Tranche-V auction of Critical and Strategic Minerals conducted by the Ministry of Mines and emerged as the Preferred Bidder for Semhardih Phosphorite & Limestone Block and Raipura Phosphorite & Limestone Block, Balod District, Chhattisgarh, has received a composite licence from the Mineral Resources Department, Govt. of Chhattisgarh.
Innovision has received a Letter of Award (LoA)/Order through a competitive bidding process for the supply of additional external sources of skilled, semi-skilled and unskilled labour from the Office of Superintending Engineer (Operation) Circle, MP East Zone Electricity Distribution Co. Ltd, Rampur, Jabalpur.
Quality Power Electrical Equipments Ltd has received a significant order for the supply of Reactors. The order is for a Data Centre project in the United States of America and the identity of the customer has been withheld pursuant to a binding Non-Disclosure Agreement with the awarding entity.
Pine Labs has announced the acquisition of Shopflo, a next-generation online checkout optimisation platform trusted by over 1,000 e-commerce brands and powering seamless experiences for more than 60 million consumers. This acquisition marks a defining step in Pine Labs’ evolution into a full-stack payments and commerce platform – one that now serves merchants seamlessly across both offline and online channels.
Published on April 27, 2026