
My Wealth Train
June 17, 2025 at 02:17 PM
EVENING BULLETIN 🚦
Date: 17-Jun-2025*
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📍 *ORDER WIN*
*POLYCAB*: Wins ₹6,447 Cr BharatNet broadband project from BSNL across Karnataka, Goa & Puducherry.
*SIEMENS*: Secures ₹1,230 Cr share in ₹4,100 Cr Bullet Train consortium deal for Mumbai–Ahmedabad corridor.
*RAMINFO*: Bags ₹474 Cr rooftop solar order from Rajasthan Renewable Energy Corp via SPV.
*CG POWER*: Wins record ₹641 Cr order from PGCIL for 765kV transformers.
*NBCC*: Gets ₹172.46 Cr order to construct UCO Bank HQ in Kolkata.
*EMS LIMITED*: Emerges L-1 bidder for ₹183.81 Cr UP Jal Nigam sewerage project.
*BRAHMAPUTRA INFRA*: Wins ₹24.33 Cr orders from NHAI and Assam Water Dept.
*ITCONS*: Bags ₹62.66 Lakh manpower services order from WIPRO, execution by Nov 30, 2025.
*RAILTEL*: Receives ₹43.99 Cr LOI for Mizoram Fibre Grid Network from Zenics.
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📍 *ACQUISITION*
*METROPOLIS HEALTHCARE*: Completes acquisition of Dr. Sharma’s Scientific Pathology on June 16, 2025.
*DRC SYSTEMS*: To acquire 50.1% stake in Inexture Solutions for up to ₹1 Cr in cash.
*MAITHAN ALLOYS*: Buys 0.001% stake in GAIL for ₹1.25 Cr as financial investment.
*PNB*: Sells entire 20.9% stake in India SME ARC to Authum Investment for ₹34.05 Cr.
*BHAGYANAGAR INDIA*: Divests 21.42% stake in Surana Electrix for ₹1.33 Cr.
*RASHI PERIPHERALS*: Exits 51% stake in Znet Technologies for ₹2 Cr.
*TRIDENT*: Exits wholly-owned unit Trident Home Textiles for ₹1.07 Cr.
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📍 *COLLABORATION*
*HCL TECH*: Partners with Spain’s ASISA to digitally transform Iberian healthcare market.
*RATEGAIN*: Air Montenegro adopts AirGain platform for airfare pricing optimization.
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📍 *LEADERSHIP CHANGES*
*(No relevant news)*
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📍 *NEW PROJECTS*
*HIND ZINC*: Approves ₹12,000 Cr zinc smelter at Debari under its 2x growth plan.
*TAYLORMADE RENEWABLES*: Gets patent for eco-sugar tech, NFCSF approval valid till 2028.
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📍 *FUNDRAISING*
*SAKAR HEALTHCARE*: Completes preferential issue by converting warrants worth ₹8.64 Cr.
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📍 *CREDIT RATINGS*
*(No relevant news)*
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📍 *FII STAKE CHANGES / BOUGHT–SOLD*
*HFCL*: Promoters sell 2.79% stake between June 5–16, 2025 via open market.
*HIND ZINC*: Promoter Vedanta plans to sell up to ₹7,500 Cr worth shares via block deals – CNBC.
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📍 *IPO*
*(No relevant news)*
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📍 *Q4 / BUSINESS UPDATE*
*YES BANK*: Receives ₹78 Cr from Security Receipts Trust, exceeding book value; positive asset recovery.
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📍 *USFDA / REGULATORY*
*NELCO*: Gets 10-year DoT license for VSAT-VNO services, enabling satellite-based communication expansion.
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📍 *CLARIFICATION*
*(No relevant news)*
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📍 *LAUNCHES*
*MARUTI SUZUKI*: Launches 2025 Grand Vitara S-CNG with 6 airbags at ₹13.48 lakh base price.
*PN GADGIL*: Launches ‘Litestyle’ brand for lightweight jewellery; targets 100 stores by 2030.
*ALLIED BLENDERS*: Launches Russian Standard Vodka in India to tap premium spirits market.
*VEERHEALTH*: Ayuveer brand goes live on Myntra; targets ₹35–40 Cr FY26 revenue.
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📍 *INCORPORATE / CORPORATE STRUCTURE*
*CENTRAL BANK*: To launch insurance JV with Generali; 4,541 branches to aid distribution.
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📍 *IT NEWS*
*MCX*: To launch electricity derivatives in 2025; expands product suite and market participation.
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📍 *TAX ORDER*
*(No relevant news)*
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📍 *ADDITIONS*
*INTERGLOBE AVIATION*: IndiGo to start Assam–Delhi flights from Sept 20, expanding regional network.
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📍 *OTHERS*
*SEAMEC*: JV acquires vessel ‘Chennai Valarachi’ for \$7.88 Mn; on 42-month charter for \$9.15 Mn revenue.
*RANE (MADRAS)*: To sell 3.48 acres surplus land in Chennai; unlocks capital for growth.
*DELHIVERY*: CCI approves acquisition of 99.44% stake in Ecom Express.
*MAHINDRA*: Gets CCI nod for SML Isuzu acquisition.
*DAVIN SONS*: Relocates Gurugram warehouse due to lease expiry; operations unaffected.
*ONGC*: Gas leak at Assam well ongoing for 4 days; relief measures in place.
*BAAZAR STYLE*: Resumes operations at Dhuliyan store post disruption; insurance claim underway.
*ELECTROSTEEL CASTINGS*: Begins 10–12 day planned maintenance shutdown at Khardah unit.
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📍 STAY UPDATED 🚦
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