Wipro has introduced the appointment of Amit Kumar as Managing Companion and International Head of Wipro Consulting, efficient instantly. Amit will report back to CEO and MD Srini Pallia and be part of the Wipro Govt Board. The corporate mentioned he can even lead its efforts to drive consulting-led, AI-powered progress and information purchasers via enterprise and expertise adjustments. Kumar will leverage Wipro’s experience to ship transformative AI, information, and business options, serving to companies scale and develop amid digital disruption.
EMS Ltd has obtained Letter of Award for civil (Construction & Ending) and MEP Works for Multi-storeyed Group Housing Venture, “Orchards”, for Towers OCA- 1 to three and OCB- 1 to five at Jaypee Want City, Noida, Uttar Pradesh. The estimated order worth (excluding GST) is roughly ₹272.89 crore.
Fineotex Chemical Restricted has introduced that its revolutionary biotechnology-based mosquito management answer, AquaStrike Premium (formulation primarily based on Azadirachtin), via its wholly owned subsidiary FSPL Non-public Restricted has obtained approval from the Central Insecticide Board, Authorities of India for technical import and formulation beneath Pesticides Act, 1968.
Bharat Electronics Restricted (BEL), has signed a contract valued at ₹610 crore for provide of Electro Optic Hearth Management System (EOFCS) for Indian Navy. This totally indigenously developed system will likely be put in and built-in on board Indian Naval Platforms. The system is able to panoramic/sector search, monitoring all kinds of targets throughout day/evening and engages the tracked targets with the medium vary and brief vary gun mounts.
The board of Kitex Clothes Ltd, after contemplating the advice and report of the Audit Committee and the Committee of Unbiased Administrators, has accepted a “Scheme of Association between Kitex Childrenswear and Kitex Clothes. The scheme, inter alia, gives for demerger of the textile enterprise division of the Demerged Firm into the Ensuing Firm (“Proposed Transaction”
Bharat Heavy Electricals Restricted (BHEL) has obtained a Letter of Intent (LOI) from Singareni Collieries Firm Restricted (SCCL) for EPC Pkg. of 1×800 MW Singareni Stage-II venture. : The order dimension is roughly ₹6,700 crore excl. taxes & duties.
Alembic Prescription drugs has obtained Institution Inspection Report (EIR) with classification as “Voluntary Motion Indicated (VAI)” for the inspection carried out by US Meals and Drug Administration (USFDA) at its Stable Oral Formulation Facility (F-4) at Jarod, Vadodara. The inspection was performed from November 14, 2024 to November 22, 2024. In a separate discover, it has knowledgeable the exchanges that the USFDA performed a surveillance inspection on the group’s API Manufacturing website located at Ambernath in Maharashtra. The inspection was performed from February 10 to 14 and concluded with nil observations.
The Decision Plan submitted by JSW Vitality for KSK Mahanadi Energy Firm Ltd, which was accepted by the Committee of Collectors on January 13, 2025, has obtained the approval of the Nationwide Firm Regulation Tribunal, Hyderabad. As per the accepted plan, towards the admitted claims of over ₹26,094 crore, the KSK Mahanadi’s collectors will get ₹16,084.08 crore. The plan gives for upfront money cost of ₹15,985.08 crore to monetary collectors of KSK Mahanadi, which is almost 50% of their admitted claims. The most important monetary collectors embrace Aditya Birla ARC Restricted, Prudent ARC Restricted, Energy Finance Company Restricted, Rural Electrification Company amongst others.
Uno Minda, a world Tier-1 provider of proprietary automotive programs and options to authentic gear producers (“OEMs”), is worked up to announce that its Board has accepted to extend stake in UnoMinda EV Methods Pvt Ltd (UMEV) from 50.10 per cent to 100 per cent by buying extra fairness stake from its three way partnership companion FRIWO Geratebau GmbH. Together with extra stake, Uno Minda via its subsidiaries can even purchase the Mental Property Rights, the know-how and R&D Crew referring to the e-Drives Enterprise applied sciences together with the required management {hardware} and repair software program, from FRIWO’s areas in Germany and Vietnam.
