Bank of India has announced an 11.8% year-on-year (Y-o-Y) increase in its global business, reaching ₹15.61 lakh crore as of September 30, compared to ₹13.97 lakh crore in the same period last year. The bank reported that global deposits grew by 10.08% Y-o-Y to ₹8.53 lakh crore, up from ₹7.75 lakh crore. Additionally, global gross advances rose 13.94% to ₹7.08 lakh crore, up from ₹6.21 lakh crore. On the domestic front, deposits increased by 8.53% Y-o-Y, totalling ₹7.30 lakh crore, compared to ₹6.72 lakh crore in the previous year.
LTIMindtree has entered into a multi-year strategic partnership with a prominent global entertainment firm, marking its largest strategic agreement to date. This collaboration aims to facilitate digital transformation, enhance operational efficiency, and modernize delivery models. LTIMindtree’s role will be pivotal in the client’s digital journey, emphasizing automation, process optimization, and vendor consolidation. This agreement is an extension of the existing long-term relationship between the two companies.
Brigade Enterprises has finalized a Joint Development Agreement for a notable residential project on a prime 6.6-acre land parcel in West Chennai. The project has an estimated Gross Development Value (GDV) of ₹1,000 crore and is expected to cater to the city’s growing urban demands with a premium residential offering.
HCL Technologies has commenced a partnership with the Massachusetts Institute of Technology’s MIT Media Lab, aimed at advancing collaborative research in artificial intelligence and emerging technologies. This initiative represents a significant step in HCLTech’s ongoing efforts to influence the future of AI and create innovations in areas such as quantum computing.
Zydus Lifesciences has received a Notice of Compliance (NOC) from Health Canada for its generic Liothyronine tablets, available in 5 mcg and 25 mcg dosages. Liothyronine, a synthetic form of the thyroid hormone T3, is primarily used for treating hypothyroidism. The tablets will be produced at Zydus’ facility in Ahmedabad SEZ. According to data from IQVIA for the twelve months ending June 2025, Liothyronine tablets generated annual sales of 10.9 million CAD in Canada.
Dilip Buildcon, through its joint venture DBL-APMPL, has received a Letter of Acceptance (LOA) for the development of a 100 MW grid-connected ground-mounted solar photovoltaic power project. This initiative aims to provide power to the Madhya Pradesh Jal Nigam (MPJNM) for a duration of 25 years from the date of commissioning.
The board of the Tourism Finance Corporation of India has approved a plan to acquire Cosmea Investment, which is involved in stock broking and wealth management. The transaction will be executed through a dedicated special-purpose vehicle (SPV) or affiliate of Tourism Finance Corporation of India (TCFIL), although the deal size has not been disclosed.
According to a Reuters report, Adani Enterprises is expected to raise up to ₹1,000 crore through the private placement of two-year and six-month bonds, marking its first fundraising endeavor since 2023. The company will offer a semi-annual coupon of 8.70% on the bonds and has solicited commitment bids on Tuesday. The bonds are anticipated to be placed directly with investors, with large mutual funds expected to be primary buyers.
Published on October 7, 2025.
