Infosys has announced a ₹18,000 crore share buyback at ₹1,800 per share via a tender offer, covering up to 100 million equity shares or 2.41% of its total capital. The IT giant also signed a 10-year deal with HanesBrands to modernise digital and data operations using its LEAP platform and AI suite Topaz.
Mahindra & Mahindra said its wholly owned arm, Mahindra Holdings Ltd, will acquire stakes in Mahindra & Mahindra Contech and PSL Media & Communications, making them subsidiaries. The move is aimed at simplifying group structure, enhancing efficiency, and improving transparency.
Lodha Developers has signed an MoU with the Maharashtra government to set up a ₹30,000 crore Green Integrated Data Centre Park in Palava, MMR. Spread across 370 acres, the renewable energy-powered project is expected to generate about 6,000 jobs.
JBM Auto’s unit JBM Ecolife Mobility has secured $100 million from IFC to deploy 1,455 electric buses across Maharashtra, Assam, and Gujarat. The project will bolster India’s EV-driven public transport expansion.
NBCC (India) Ltd announced it has signed an MoU with RIICO for infrastructure projects worth about ₹3,700 crore near Jaipur International Airport, including a convention centre, Unity Mall, and allied facilities across 95 acres.
IREDA raised ₹453 crore via its second perpetual bond issue at 7.70% interest, oversubscribed 2.69x, to expand its green energy project financing.
JSW Infrastructure’s subsidiary, JSW Port Logistics, has acquired an 86-acre brownfield rail siding in Kudathini, Karnataka, for ₹57 crore. The site will be developed into a multi-modal logistics park, with operations expected to begin in six months.
Marico Ltd will acquire the remaining 46.02% stake in HW Wellness Solutions, maker of “True Elements,” for up to ₹138 crore, raising its holding to 100% and making it a wholly owned subsidiary.
Consolidated Construction Consortium Ltd (CCCL) bagged fresh B&F division orders worth ₹180 crore, covering 13.5 lakh sq. ft. of projects to be executed in FY 2025-26.
Insolation Energy’s arm, Insolation Green Energy, has secured a ₹143.2 crore solar module supply order from Zetwerk, slated for execution in FY26.
