Goldman Sachs Asset Management has divested a little over 2 per cent stake in Sterlite Technologies, promoted by Anil Agarwal, for Rs 84 crore through an open market transaction. The sale was made by Goldman Sachs Funds – Goldman Sachs India Equity Portfolio, which sold 1.03 crore shares at an average price of Rs 81.04.
The Competition Commission of India has dismissed a complaint regarding alleged unfair business practices filed against Navodaya Vidyalaya Samiti and RailTel Corporation in connection with the Prime Minister Schools for Rising India (PM SHRI) scheme. The complaint alleged that the two entities engaged in anti-competitive practices related to a project for integrated infrastructure and IT solutions under the scheme.
Tata Consultancy Services (TCS) has partnered with Vantage Towers, Europe’s second-largest telecom tower operator, to launch a digital service platform aimed at enhancing the experience of property owners leasing land for telecom tower installations. The platform is designed to streamline service processes, improve property owner retention, and strengthen telecom site partnerships across Europe.
The board of LIC Housing Finance has approved a borrowing budget of ₹1,22,500 crore for FY2025-26 to raise funds through various instruments, including loans, redeemable non-convertible debentures (NCDs), zero-coupon bonds, subordinate debt, upper tier II bonds, commercial paper, external commercial borrowings (ECBs), securitisation, and refinance from the National Housing Bank (NHB).
Wipro has introduced TelcoAI360, an AI-first managed services platform aimed at helping telecom operators scale technology solutions while enhancing customer experience and reducing costs.
Zydus Lifesciences has received final approval from the US Food and Drug Administration (USFDA) to manufacture Dasatinib Tablets for the treatment of certain types of leukemia. The tablets will be produced at Zydus Lifesciences Ltd (SEZ), Ahmedabad.
RPP Infra Projects Ltd has secured a new project for the improvement of water supply in Tamil Nadu for a contract value of ₹80.98 crore.
Walchandnagar Industries has appointed Nishant Saigal as the Chief Financial Officer (CFO) of the company, effective April 14, 2025.
Galaxy Surfactants, along with its group companies, has entered into a strategic collaboration to provide engineering, procurement, and construction (EPC) services for a performance surfactants and specialty ingredients manufacturing plant overseas.
The board of Hindustan Zinc will meet on March 10, 2025, to evaluate fundraising through the issuance of listed non-convertible debentures (NCDs) on a private placement basis.
Route Mobile has partnered with Proximus Global and Nokia to explore opportunities in network API solutions for enterprise applications.
R Systems International has launched its IoT Smart C2C Connector built on Amazon Web Services (AWS) to address challenges faced by service providers in managing and integrating smart home devices.
Dalmia Cement (Bharat) Limited has entered into an agreement to acquire equity shares in Kilavikulam Rajalakshmi Solar Power Developer Private Limited to source solar power as a captive consumer.
Zaggle Prepaid Ocean Services has entered into an agreement with Tech Mahindra to utilize Zaggle’s spend management dashboard, Zatix, for improved visibility on corporate and purchase card spends.
