My Wealth Train
My Wealth Train
May 28, 2025 at 01:36 PM
EVENING BULLETIN 🚦 *Date:* 28-May-2025 --- 📍 *ORDER WINS / CONTRACTS* *SEPC:* Secures ₹75.5 crore UAE contract from Lauren Engineers for tank construction. *APOLLO MICRO:* Wins ₹114 crore export order for advanced avionics systems. *ENVIRO INFRA:* Awarded ₹127 crore EPC projects for STP and WTP in Punjab and Odisha. *B.R. GOYAL INFRASTRUCTURE:* Bags ₹91.7 crore NHAI toll management contract in Gujarat. *CONTINENTAL PETROLEUMS:* Wins ₹32.6 crore EPC contract from JVVNL under RDSS. *RELIANCE POWER:* Wins 350 MW solar + 175 MW BESS project from SJVN. --- 📍 *ACQUISITIONS / STAKE INCREASES* *PENINSULA LAND:* Invests ₹22.65 crore in Terranest Agri-Infratech LLP. *MAN INFRACONSTRUCTION:* Acquires 25% additional stake in MICL TIGERTAIL LLC for \$1 million. *CHATHA FOODS:* Allots ₹6.93 crore shares to retain 70% stake in Allana CF Foods Pvt Ltd. --- 📍 *STAKE REDUCTIONS / FII CHANGES* *MAHINDRA HOLIDAYS:* HDFC Mutual Fund reduces stake from 5.93% to 5.13%. *TILAKNAGAR INDUSTRIES:* Lotus Family Trust cuts stake from 6.14% to 5.66%. --- 📍 *FUNDRAISING / INVESTMENT* *ATHER ENERGY:* Raises \$100 million from Caladium Capital. *EID PARRY:* Approves ₹350 crore investment in Parry Sugars Refinery. *VIBHOR STEEL:* Announces ₹60 crore capex to expand Odisha plant capacity. --- 📍 *LEADERSHIP CHANGES* *INDIGO:* Vikram Singh Mehta appointed Chairman, replacing V.S. Sumantran. --- 📍 *IPO UPDATES* *HERO FINCORP:* ₹3,668 crore IPO nears SEBI approval. *VIKRAMSOLAR:* ₹1,500 crore IPO nears SEBI approval. --- 📍 *NEW PROJECTS / EXPANSIONS* *L\&T:* Expands defence sector business including nuclear projects. *SCHAEFFLER INDIA:* Opens fifth plant in Tamil Nadu. *ACME SOLAR:* Commissions 26.4 MW phase in Gujarat wind project. *LUMAX AUTO:* Subsidiary opens two new plants in Pune with ₹64 crore investment. *ALLCARGO TERMINALS:* Leases 30 acres in Chennai for CFS/ICD expansion. *NAVNEET EDUCATION:* Incorporates new US subsidiary “Brick N Click Inc”. *AUROBINDO PHARMA:* Incorporates CuraTeQ Biologics B.V. in Netherlands. --- 📍 *COLLABORATIONS / MOUs* *JUPITER WAGONS:* Signs MoU with Pickkup to deploy 300 e-LCVs. *LTIMINDTREE:* Forms JV with Aramco Digital for IT services in Saudi Arabia. --- 📍 *USFDA / MEDICAL APPROVALS* *ZYDUS LIFE:* Gets USFDA Fast Track status for ALS drug Usnoflast. --- 📍 *APP LAUNCHES / TECH PRODUCTS* *VANTAGE KNOWLEDGE:* Launches ‘VantagePro’ learning app. *QUICK HEAL:* Launches freemium AntiFraud.AI app. *INFOSYS:* Launches Agentic AI Foundry under Topaz™. --- 📍 *NEW PRODUCTS / LAUNCHES* *BASF INDIA:* Launches Valexio® insecticide and Mibelya® fungicide. --- 📍 *CREDIT RATINGS* *PRISM JOHNSON:* IND A+ rating affirmed with Positive outlook. --- 📍 *TAX / REGULATORY ORDERS* *SHREE CEMENT:* Receives ₹589 crore income tax demand for FY22. --- 📍 *SUSTAINABILITY / CLEAN ENERGY* *ORGANIC RECYCLING SYSTEMS:* Begins pilot biomethanation plant with SSS-NIBE in Solapur. *COAL INDIA:* Wins graphite & vanadium block under critical mineral auction. *OIL INDIA:* Wins Potash block in Rajasthan. *HINDUSTAN ZINC:* Wins two critical mineral blocks including Potash/Halite/REE. *THOMAS COOK:* 2025 report highlights eco-travel trends. --- 📍 *AVIATION / AIRLINE INITIATIVES* *INDIGO (1):* Becomes first to start flights from Navi Mumbai International Airport. *INDIGO (2):* Launches 18 daily flights connecting over 15 cities. --- 📍 *QUARTERLY RESULTS / BUSINESS UPDATES* *DYNAMATIC TECH:* Q4 update highlights aerospace growth and hydraulic restructuring. --- 📍 *POWER & COMMODITIES MARKET* *IEX:* Power prices fall to zero due to lower demand from cooler weather.
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