
SHAREALAM
February 28, 2025 at 02:55 AM
📢 **Update –
### 📝 New Orders & Contracts
- Jupiter Wagons: Wins ₹225 Cr order for railway wheelsets.
- Australian Premium: Secures ₹13.85 Cr order for solarizing agricultural pumps under the PM-KUSUM scheme.
- GE Power: Bags ₹273 Cr order for hydro project expansion.
- Kernex Micro: Consortium wins ₹325.3 Cr order for the Kavach project (South Eastern Railways).
- Tera Software: Update on ₹5104 Cr BharatNet Phase-3 project (BSNL).
- Megatherm Induction: Receives export order from Africa for capital goods.
- Coal India: Board approves levying Singrauli Punarasthapan Charge, expected revenue ₹3877.5 Cr.
### 📈 Acquisitions
- APL Apollo: Acquires an additional 1% stake in Kisan Mouldings Ltd. for ₹5.59 Cr.
### 📊 Leadership Changes & Appointments
- HCL Tech: Telangana CM inaugurates HCL Tech’s Global Delivery Centre in Hyderabad.
### 🚀 New Projects
- Godrej Properties: Sells homes worth ₹1,000 Cr at the launch of Godrej Evergreen Square in Pune.
- Ikea: Launches delivery services in the Delhi-NCR region.
- Shakti Pump: Invests ₹6 Cr in subsidiary Shakti EV Mobility Pvt. Ltd.
- Servotech Renewable: Signs MoU with CIMSME to launch a mobile app and accelerate solar home targets by 2026.
### 🤝 Collaboration & Partnerships
- Paytm: Partners with Perplexity for AI-powered search in the Paytm app.
- Network People: Collaborates with Hyperface to enable instant credit access via UPI for banks.
- Cellecor Gadget: Joins forces with Rockingdeals Circular Economy Ltd. to expand offline sales.
### ⚖ Regulatory & Policy Updates
- Granules India: Receives a warning letter from the US FDA for its Gagillapur facility.