Northern Trust has extended its partnership with Tata Consultancy Services to enhance its global securities settlements platform as part of a technology transformation program. Utilizing TCS BaNCS™, Northern Trust has access to the Global Securities Platform, offering multi-entity, multi-market, and multi-asset class capabilities for an integrated securities back office.
Aarti Drugs has received an Administrative Warning letter from SEBI for violating insider trading regulations related to certain entities’ trading activities in the company’s stock. SEBI noted that the company failed to obtain necessary details and identify all immediate relatives of designated persons, and did not apply the Code of Conduct on PIT to certain individuals.
K&R Rail Engineering has secured an order from Indian Port Rail and Ropeway Corporation Limited, a joint venture between major ports and Rail Vikas Nigam Limited. The projects range from Rs 50 to 5000 crore in volume.
IIFL Facilities Services has acquired additional shares of Avanti Feeds for Rs 470 crore through an open market transaction, purchasing a 4.4% stake in the company.
The NCLAT has issued a notice to Ambuja Cements, an Adani Group entity, over a plea by Alok Sanghi regarding insolvency proceedings. The tribunal has stayed the NCLT’s order and given two weeks for Ambuja Cements to respond.
Coromandel International has doubled its sulphur manufacturing capacity to 50,000 tonnes with a new plant in Andhra Pradesh, ensuring a steady supply of Bentonite Sulphur fertilisers.
BEL has received additional orders worth ₹577 crore, bringing its total order book for the fiscal year to over ₹13,000 crore, including orders for airborne electronic warfare products and radar systems.
Jay Bharat Maruti has increased its stake in JBM OGIHARA Die-Tech to 49% by acquiring equity from its joint venture partner OGIHARA Thailand Co Ltd. The company is a Tier 1 supplier to Maruti Suzuki India Ltd.
KPIL has secured new orders worth Rs 2,306 crore, taking its total order book to Rs 22,500 crore. The orders include transmission & distribution projects in international markets and building projects in India.
Laurus Labs has approved an investment of Rs 83.30 crore in KRKA Pharma to set up a manufacturing facility for finished products in new markets. The investment aligns with the company’s growth plans.
Biocon Biologics has partnered with Civica Inc. to supply Insulin Aspart drug substance for producing the final Insulin Aspart drug, aiming to improve access and affordability in the US market.
Brigade Group has launched Brigade Altius, a project with a revenue potential of ₹1,700 crore, as part of its growth plans in Chennai’s real estate sector.
RVNL has emerged as the lowest bidder for a South Western Railway project worth Rs 156.35 crore for an OHE and PSI system installation.
RITES has received a Letter of Acceptance for a High-Speed Elevated Rail Corridor project from South Central Railway, valued at Rs 27.96 crore.
Firstsource Solutions has introduced the Agentic AI Studio, a solution to transform the future of work by breaking down tasks into specialized AI-driven agents.
The article was published on March 7, 2025, and should maintain the same structure, information, and length in the rewritten version.
