Orchid Pharma Completes Acquisition of Allecra Therapeutics GmbH Assets
Orchid Pharma announced the successful closure of its acquisition of the assets of Allecra Therapeutics GmbH on October 29, following the completion of all conditions precedent. The company is now the sole owner of Allecra’s intellectual property and commercial contracts.
Reliance and Google Forge AI Partnership
Reliance Industries Ltd, through its subsidiary Reliance Intelligence Ltd, has teamed up with Google in a strategic partnership aimed at promoting the adoption of Artificial Intelligence (AI) across India. This alliance seeks to empower consumers, enterprises, and developers as part of Reliance’s “AI for All” vision. By combining Reliance’s expansive scale and connectivity with Google’s advanced AI technology, the collaboration aims to democratize AI access and enhance the digital infrastructure for India’s AI-driven future.
BEML Signs MoUs with Dredging Corporation of India
BEML has entered into three non-binding Memorandums of Understanding (MoUs) with Dredging Corporation of India Limited (DCIL), amounting to a total value of ₹350 Crores. The agreements include the construction of five Inland Cutter suction dredgers, supply of cable dredgers, long reach excavators with dredge pumps, and customized dredging solutions for various water bodies, along with indigenous spares for DCIL dredgers.
HDFC Bank Approves Re-appointment of Deputy MD
The board of HDFC Bank has approved the re-appointment of Kaizad Bharucha as Deputy Managing Director for a period of three years, pending approval from the Reserve Bank of India (RBI), according to an exchange filing by the bank.
Standard Capital Markets Receives Financial Boost from Promoters
Standard Capital Markets announced that its promoters have infused additional funds into the company via an unsecured loan. This funding gesture underscores the promoters’ strong confidence in the company’s long-term growth and stability, which will help strengthen the balance sheet, enhance liquidity, and provide financial flexibility for strategic business opportunities.
ACS Technologies Secures Work Order from Afcons Infrastructure
ACS Technologies Ltd has been awarded a work order worth ₹64.99 lakh from Afcons Infrastructure Ltd. This project will involve the supply of security gadgets, including cameras, baggage scanners, and turnstiles. The company aims to execute this project with a strong focus on quality, safety, and efficiency.
Bharat Electronics Ltd Secures New Orders
Bharat Electronics Ltd (BEL) has received additional orders worth ₹732 Crores since its last disclosure on October 22. The orders include Software Defined Radios (SDRs), tank subsystems, communication equipment, missile components, financial management software, cybersecurity solutions, and various upgrades and services.
LTIMindtree Launches BlueVerse in ITSM
LTIMindtree has launched BlueVerse, an innovative IT Service Management (ITSM) platform incorporating Organizational General Intelligence (OGI). This platform is designed to autonomously tackle the operational challenges faced by modern enterprises, shifting from reactive incident management to a more proactive, predictive approach to operational intelligence as technology environments evolve.
Tata Consultancy Services Partners with Tata Motors on Sustainability
Tata Consultancy Services (TCS) has formed a five-year partnership with Tata Motors to enhance the automaker’s sustainability initiatives through digital transformation. This collaboration focuses on Tata Motors’ Prakriti platform, utilizing TCS Intelligent Urban Exchange (IUX) for digitizing environmental, social, and governance (ESG) data management. The AI-driven system will facilitate automated compliance reporting and real-time monitoring across Tata Motors’ manufacturing plants and supply chain operations.
MTAR Technologies Achieves Business Milestone
MTAR Technologies has announced a significant development aimed at enhancing its order book and future revenue streams, having secured orders worth ₹263.54 Crores from an international client. This achievement highlights the company’s ongoing global business expansion efforts.
Published on October 31, 2025
