1 / 10Bharat Forge | The defense company’s unit, Kalyani Strategic Systems, has signed a Letter of Intent (LOI) with AM General, USA, for the supply of advanced artillery cannons manufactured in India. This marks the first-ever agreement for the supply of artillery cannons from an Indian defense company to the United States, underscoring the strengthening of defense cooperation between the two nations.
2 / 10Sundaram-Clayton | The automotive components manufacturer has announced plans to divest its aluminium die-casting businesses at its Hosur facility. The Chennai-based company confirmed that both its high-pressure and low-pressure aluminium die-casting operations at Hosur will be sold to third-party buyers. However, key details such as the transaction structure, identity of the purchaser, and financial terms are yet to be determined.
3 / 10Waaree Energies | The company has won an order for the supply of 362.5 megawatt peak (MWp) of solar photovoltaic (PV) modules from a prominent Indian renewable power project developer. The order is a key step in the company’s continued growth within the domestic renewable energy sector. The deal, which marks a notable milestone for Waaree, will see the company supply the solar modules starting in the 2025-26 fiscal year.
4 / 10Orchid Pharma | The company has announced the successful completion of a surprise inspection by the U.S. Food and Drug Administration (USFDA) at its Active Pharmaceutical Ingredient (API) manufacturing facility in Alathur, Tamil Nadu. The inspection, which commenced on 10 February 2025 and concluded on 18 February 2025, resulted in seven minor observations, none of which pertain to the data integrity of the facility.
5 / 10Awfis Space Solutions | The company on Wednesday announced that the tax authority has ordered the attachment of its bank accounts held at HDFC Bank and ICICI Bank. However, the company stated that the order will have no financial impact on its operations or overall financial position.
6 / 10Mahindra Group | The company announced a strategic partnership with US-based Anduril Industries to combine its manufacturing capabilities with Anduril’s expertise in AI and autonomous technologies, targeting global defense markets. The collaboration will focus on autonomous maritime systems, AI-enabled Counter Unmanned Aerial Systems (CUAS), and Command & Control (C2) software, strengthening both companies’ portfolios in cutting-edge defense solutions.
7 / 10Patanjali Foods | The FMCG major provided a clarification regarding a Special Leave Petition (SLP) filed by the Principal Commissioner of Income Tax Central 4. The SLP was filed against a ruling by the Bombay High Court that had dismissed the Income Tax Department’s demand for ₹186 crores related to pre-Corporate Insolvency Resolution Process (CIRP) periods. The Supreme Court of India dismissed the SLP on January 15, 2025, in favour of Patanjali Foods, upholding the Bombay High Court’s decision.
8 / 10Tata Tech, IREDA | Two more stocks—Indian Renewable Energy Development Agency (IREDA) and Tata Technologies—will join India’s fast-paced futures and options (F&O) segment from the March series, according to a National Stock Exchange (NSE) circular issued on Wednesday. This follows the earlier addition of four stocks—NBCC, Phoenix Mills, Solar Industries, and Torrent Power—announced on January 30.
9 / 10Torrent Power | The power firm has announced the incorporation of its new arm, ‘Torrent Urja 30,’ under its subsidiary Torrent Green Energy. The new entity will focus on the development and expansion of renewable energy projects, further strengthening Torrent Power’s commitment to increasing its clean energy portfolio.
10 / 10Servotech Renewable | This renewable energy solutions provider has signed an agreement with France-based Watt & Well SAS to jointly develop and manufacture electric vehicle (EV) charger components in India, the companies announced on [insert date]. The collaboration aims to leverage Watt & Well’s expertise in power electronics and Servotech’s manufacturing capabilities to produce advanced EV charging solutions tailored for the Indian market.
