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Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > Top 9 Companies Making Headlines on October 10: What to Know
Economy

Top 9 Companies Making Headlines on October 10: What to Know

October 12, 2025 3 Min Read
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Brightcom Group has formalized a partnership through a Memorandum of Understanding (MoU) with Project DYNAMO, Inc., a veteran-led humanitarian organization renowned for its high-risk evacuations and disaster response in conflict zones. The MoU entails Brightcom’s defense division integrating and deploying command and decision-support platforms designed to improve crisis response, evacuation coordination, and disaster recovery, thereby bolstering national preparedness and civilian resilience during emergencies.

NPST, a prominent digital banking and payments technology company, has successfully integrated with NPCI’s latest solutions at GFF 2025 as part of the NPCI Partner Program. This integration enables banks and payment platforms to utilize enhanced authentication, on-boarding, transaction management, and interoperable payment functionalities, significantly improving the digital banking experience for millions of users.

Subex, recognized as a global leader in AI-native telecom solutions, has been selected by a leading telecom operator in the Netherlands to provide a unified platform for mobile virtual network operator (MVNO) billing and wholesale partner settlements. This engagement builds on an existing relationship that encompasses various services including Routing, Interconnect, OTT, SMS, Direct Carrier Billing (DCB), and Wholebuy Billing. The services will be managed end-to-end from Subex’s UK data center.

AccelerateBS India Ltd has entered a non-binding Memorandum of Understanding regarding a potential acquisition of a target company based in the United States via the company or its subsidiaries. The transaction’s progression is contingent on successful due diligence, finalization of a definitive agreement, and the necessary regulatory and third-party approvals.

Cosmo Ferrites Ltd, a prominent manufacturer and exporter of soft ferrites and a growing player in wire wound magnetic components, has appointed Nikit Chaudhary as Business Head, effective immediately. Chaudhary will also take on the role of Vice-President, overseeing key business operations.

NTPC and the Gujarat Government formalized an MoU on October 9 during the Vibrant Gujarat Regional Conference in Mehsana, focusing on exploring opportunities in both conventional and non-conventional energy sectors.

Rajesh Power Services Ltd (RSPL), an EPC contractor in the power transmission and distribution domain, signed multiple MoUs with the Gujarat Government on the inaugural day of the Vibrant Gujarat Regional Conference 2025, targeting a cumulative investment of ₹4,754 crore.

RailTel Corporation of India has received a Letter of Intent from the Centre for E-Governance, Karnataka, to provide OEM support for the KSWAN 2.0 network equipment. The ₹18.22 crore order is set to be completed by November 8, 2025.

Lloyds Engineering Works has partnered with FlyFocus to co-develop and manufacture the Defender Sigint UAV, an advanced drone platform intended for surveillance and intelligence operations.

Published on October 10, 2025.

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