EVENING BULLETIN 🚦 *Date: 29-May-2025* --- 📍 *ORDER WIN* *STERLING & WILSON:* Wins 225 MW solar EPC order in Gujarat. *TEXMACO RAIL:* Bags ₹140.55 Cr wagon order from the Railway Board. *WAAREE ENERGIES:* Secures \$176M order for 586 MW solar modules from U.S. developer. *RAJSHREE POLYPACK:* Wins ₹1.85 Cr order for plastic rigid sheets. --- 📍 *ACQUISITION* *RELIANCE:* Joins bid to acquire Castrol’s lubricant business. *ULTRATECH CEMENT:* Completes 100% acquisition of Wonder WallCare Pvt Ltd. --- 📍 *COLLABORATIONS / PARTNERSHIPS / DEALS* *WARDWIZARD INNOVATIONS:* Lease deal to supply 7500 Wolf+ scooters to Xicon International. *PANORAMA STUDIOS:* Production deal with Digital 18 Media for *Drishyam 3*. --- 📍 *LEADERSHIP / GOVERNANCE / LEGAL* *INDUSIND BANK:* Board advised to file police complaint in insider trading case. --- 📍 *NEW PROJECTS / FACILITIES / EXPANSION* *VARUN BEVERAGES:* Starts commercial production at Meghalaya facility. *NTPC JV (W/ BHEL, POWER MECH):* Gets nod for 2800 MW atomic power project at Mahi Banswara. *REC:* Incorporates subsidiary for UP power evacuation project. *IGI:* Sets up 100% subsidiary in Dubai for lab expansion. --- 📍 *FUNDRAISING / CAPITAL PLANS* *YES BANK:* To consider fundraising via equity or debt on June 3. *MAN INDUSTRIES:* ₹600 Cr capex planned in Saudi Arabia. --- 📍 *STAKE / OWNERSHIP CHANGES* *MAN INDUSTRIES:* Allots 25 lakh shares to promoter group; stake rises to 48.21%. --- 📍 *CREDIT / RATINGS / ESCROW / BONDS* *MTNL:* Funds escrow account for June 1 interest payment on 7.87% Bond Series VII-B. --- 📍 *IPO / LISTING / CAPITAL MARKET* *(No specific IPO or listing activity noted in the news list.)* --- 📍 *SUBSCRIBER DATA* *BHARTI AIRTEL:* Adds 1.70 lakh subscribers in April (down from March). *VODAFONE IDEA:* Loses 6.48 lakh subscribers in April (vs March). *RELIANCE JIO:* Adds 26.44 lakh subscribers in April (up from March). *BSNL:* Loses 1.55 lakh users in April (vs gain in March). --- 📍 *USFDA / REGULATORY APPROVALS* *ASTRAZENECA:* Indian approval for new use of Tagrisso in Stage III NSCLC. *ORCHID PHARMA:* Receives USFDA EIR with VAI status post inspection. --- 📍 *CLARIFICATIONS / LEGAL PROCEEDINGS* *VEDANTA:* NCLAT stays NCLT rejection of reorganization scheme. *CEIGALL INDIA:* DRB rules ₹7.2 Cr in favor, ₹1 Cr against in NH-54 dispute. --- 📍 *INCIDENTS / ACCIDENTS* *ELECTRONICS MART:* Fire incident disrupts godown operations in Andhra Pradesh. --- 📍 *SHUTDOWNS / SUSPENSIONS* *ANDHRA SUGARS:* Shuts Tanuku unit and suspends Bhimadole operations. --- 📍 *CAPEX / EQUIPMENT PURCHASE* *CROWN LIFTERS:* Orders 150 MT crawler crane worth ₹3.54 Cr; FY25 crane capex hits ₹10.03 Cr. --- 📍 *PRODUCT LAUNCH / INNOVATION* *COFORGE:* Launches Quasar GenAI Central & Quasar Marketplace. *WIPRO:* Launches Wipro Innovation Network, opens AI innovation lab. *TVS MOTORS:* Launches Jupiter 125 Dual Tone SXC with new features. --- 📍 *GOVERNMENT & POLICY* *SHIPPING CORPORATION (SCI):* Govt reports robust growth in shipping sector. --- *Stay Updated 🚦