Sagility, a leading tech and AI-led healthcare operations and transformation company, has acquired CareSeed, a US-based healthcare analytics company specialising in NCQA-certified HEDIS quality reporting, medical record review, chart abstraction, and regulatory analytics for health plans. The aggregate purchase consideration is up to $30 million, comprising an upfront payment of $17.5 million at closing, subject to customary closing adjustments, and a contingent consideration of up to $12.5 million, payable subject to the achievement of revenue growth synergies.
Bharat Heavy Electricals Ltd has received a Limited Notice to Proceed (LNTP) from Damodar Valley Corporation (DVC), Kolkata, for the 1x800 MW Durgapur supercritical thermal power station to initiate the advanced engineering and ordering of critical long lead items under the main plant package for this project. The order size is over ₹90 crore exclusive of GST.
In a significant step towards advancing the objectives of the Government of India’s National Critical Mineral Mission, NLC India Ltd (NLCIL) signed a Memorandum of Understanding (MoU) with CSIR-Central Electrochemical Research Institute (CSIR-CECRI), Karaikudi at Neyveli to foster collaboration in the field of critical and strategic minerals beneficiation and extraction technologies.
PCBL Chemical Ltd has commissioned a new specialty production line with a gross capacity of 20,000 MTPA at its Mundra plant in Gujarat. This state-of-the-art line is designed to cater to high-growth, value-added application segments such as high-speed printing, digital printing and ultraviolet (UV) printing. The addition meaningfully strengthens the company’s specialty portfolio and enhances its capability to address evolving customer requirements in advanced printing solutions.
Anupam Rasayan India Ltd, a leading custom synthesis and specialty chemicals company, has announced the commercialisation of ETFA (Ethyl trifluoroacetate) production through its proprietary process-by-design continuous flow chemistry platform. ETFA is a critical fluorinated building block and reagent used in the synthesis of a wide range of organic fluorine compounds. These compounds find extensive applications across the life sciences, pharmaceutical, and performance materials, where fluorine chemistry plays a vital role in enhancing product performance, efficacy, and stability. The global addressable market for ETFA is estimated at approximately $500-600 million, highlighting its strategic importance within the specialty chemicals value chain.
BCPL Railway Infrastructure Ltd has bagged an order for 25 KV PSI and allied electrical works in connection with “SDAH Division: Replacement of over-aged Capacitor Bank at Titagarh/FP and Sonarpur/FP and associated PSI works.” The total project cost comprises ₹2.892 crore and it is expected to be executed over 12 months.
Gujarat Inject Kerala has received a Purchase Order from Deon Energy for 16,129 solar panels of 620 WP for ₹14.49 crore (exclusive of GST).
VSR Paper and Packaging Limited, a material subsidiary of Bandaram Pharma Packtech Limited, has received orders for printing and distribution of text books with paper and lamination for the academic year 2026-27 worth ₹27.71 crore in aggregate from the Government of Telangana.
Astral Chemie Ltd (ACL), a wholly-owned subsidiary of Astral Ltd, has entered into definitive agreements to acquire a 60 per cent partnership interest in Differentiated and Sustainable Solutions LLP (DSS). The transaction will be completed for ₹39.11 crore.
Lancor Holdings Ltd has announced that its multi-storied residential project known as Lancor Ananya, Chennai, has received RERA approval and all the apartments devolving on the company have been sold. The construction of the project has also commenced.
Hiliks Technologies Ltd has received a sub-contract order from Railone Projects Private Ltd towards signalling and telecommunication works in connection with the Motumari-Vishnupuram Doubling Project in the states of Telangana and Andhra Pradesh.
Pursuant to the routine current Good Manufacturing Practices (cGMP) inspection and a Pre-Approval Inspection (PAI) at Cipla’s manufacturing facility in Verna, Goa, India, between April 6 and 17, the United States Food and Drug Administration (USFDA) has classified the inspection as Voluntary Action Indicated (VAI).
Alembic Pharmaceuticals Ltd (Alembic) has received tentative approval from the US Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Larotrectinib Capsules, 25 mg and 100 mg. The approved ANDA is therapeutically equivalent to the reference listed drug product (RLD), Vitrakvi Capsules, 25 mg and 100 mg, of Bayer Healthcare Pharmaceuticals Inc. (Bayer). Larotrectinib is a kinase inhibitor indicated for the treatment of adult and pediatric patients with solid tumors that have a neurotrophic receptor tyrosine kinase (NTRK) gene fusion without a known acquired resistance mutation, are metastatic or where surgical resection is likely to result in severe morbidity, and have no satisfactory alternative treatments or that have progressed following treatment. Refer to the label for a detailed indication.
Prestige Group, in partnership with Bengaluru Airport City Ltd (BACL), has announced a landmark integrated destination within Bengaluru Airport City that will bring together business, hospitality, culture, and experiences in one seamlessly connected ecosystem. Anchored by a state-of-the-art convention centre, the development marks a significant milestone in the evolution of Bengaluru Airport City as a vibrant urban destination.
Sattrix Information Security Ltd, a leading provider of customer-centric cybersecurity solutions, has announced the receipt of renewal orders totalling ₹3.045 crore (exclusive of taxes) during April and May from its various clients. The company considers it a privilege to receive renewal orders from its esteemed customers.
DSM Fresh Foods Limited, operating under the brand name Zappfresh, has entered into a Memorandum of Understanding with Gohpur Fish Farmer Producer Company Limited for the development of the Assam Aqua Project, a freshwater fish farming initiative in Gohpur, Biswanath District, Assam. The partnership brings together a New Delhi-based fresh-food company and an Assam-based farmer-producer company to jointly develop an integrated aquaculture operation in the region.
Published on June 12, 2026
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