My Wealth Train
My Wealth Train
June 17, 2025 at 02:17 PM
EVENING BULLETIN 🚦 Date: 17-Jun-2025* --- 📍 *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. --- 📍 *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. --- 📍 *COLLABORATION* *HCL TECH*: Partners with Spain’s ASISA to digitally transform Iberian healthcare market. *RATEGAIN*: Air Montenegro adopts AirGain platform for airfare pricing optimization. --- 📍 *LEADERSHIP CHANGES* *(No relevant news)* --- 📍 *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. --- 📍 *FUNDRAISING* *SAKAR HEALTHCARE*: Completes preferential issue by converting warrants worth ₹8.64 Cr. --- 📍 *CREDIT RATINGS* *(No relevant news)* --- 📍 *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. --- 📍 *IPO* *(No relevant news)* --- 📍 *Q4 / BUSINESS UPDATE* *YES BANK*: Receives ₹78 Cr from Security Receipts Trust, exceeding book value; positive asset recovery. --- 📍 *USFDA / REGULATORY* *NELCO*: Gets 10-year DoT license for VSAT-VNO services, enabling satellite-based communication expansion. --- 📍 *CLARIFICATION* *(No relevant news)* --- 📍 *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. --- 📍 *INCORPORATE / CORPORATE STRUCTURE* *CENTRAL BANK*: To launch insurance JV with Generali; 4,541 branches to aid distribution. --- 📍 *IT NEWS* *MCX*: To launch electricity derivatives in 2025; expands product suite and market participation. --- 📍 *TAX ORDER* *(No relevant news)* --- 📍 *ADDITIONS* *INTERGLOBE AVIATION*: IndiGo to start Assam–Delhi flights from Sept 20, expanding regional network. --- 📍 *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. --- 📍 STAY UPDATED 🚦
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