Adani Enterprises | The company said its subsidiary Adani Defence Systems & Technologies, along with Prime Aero Services LLP, will acquire a 72.8% stake in Flight Simulation Technique Centre (FSTC) for ₹820 crore. The deal, signed on November 27, makes ADSTL a major stakeholder in India’s largest independent flight training and simulation provider.
TCS | The IT company announced a five-year deal with SAP to drive enterprise-wide Cloud and Generative AI transformation. Under the partnership, TCS will streamline SAP’s IT landscape, enable smoother operations, and strengthen AI-led capabilities—aiming for faster development cycles, lower costs, and better alignment between IT and business goals.
Bajaj Healthcare | The company has appointed industry veteran Shreekumar Shankarnarayan Nair as its Chief Operating Officer, effective immediately. Approved via a board circular on November 27, his appointment brings over 40 years of pharma leadership experience, including senior roles at Alembic and Glenmark.
Bandhan Bank | The company has approved the sale of its NPA and written-off loan portfolios worth over ₹6,900 crore through a bidding and auction process involving ARCs. The move aims to clean up the balance sheet, with Swiss Challenge bidding for NPAs and auction for written-off assets.
Wipro | The company announced a multi-year deal with Odido Netherlands B.V. to modernise its IT landscape and enhance customer experience across enterprise and consumer segments. The partnership will use AI-led solutions to boost engagement, productivity and operational efficiency. It also adopts a self-funded model, where productivity savings are reinvested to support ongoing digital innovation.
Ashoka Buildcon | The company has been temporarily barred from NHAI bids for one month, or until an Expert Committee investigation concludes, following the fall of two precast girders on NH-66 that killed a driver. The company denies endangering public safety.
Lodha Developers Ltd | Formerly Macrotech Developers, said the Supreme Court has allowed the restitution of ₹520.80 crore it had deposited as security in the V Hotels case. The amount, along with accrued interest, will be refunded, reaffirming Lodha as the bona fide successful Resolution Applicant with rightful interest in the property.
Global Health Ltd | The operator of Medanta hospitals, has expanded its NCR presence with a new 550-bed super speciality hospital in Noida. Inaugurated by UP Chief Minister Yogi Adityanath, the Sector 50 facility will offer advanced tertiary and quaternary care across 25+ super specialities and serve patients across Delhi-NCR and western Uttar Pradesh.
Tata Technologies | The company has completed its €75 million acquisition of Germany’s Es-Tec Group ahead of schedule, strengthening its position as a global engineering and R&D partner for top automakers.
Emcure Pharmaceuticals | The company said the Maharashtra GST Department conducted a search and seizure operation at its Mumbai offices from November 24 to 26. The inspection was led by the Assistant Commissioner of State Tax, the company informed in a stock exchange filing.
Zydus Lifesciences | The company has received tentative USFDA approval for empagliflozin and linagliptin tablets (10 mg/5 mg and 25 mg/5 mg), the generic equivalents of Glyxambi. The combination is used to improve glycaemic control in adults with type 2 diabetes. The tablets will be manufactured at the company’s SEZ facility in Ahmedabad.
RVNL | The company has received a Letter of Acceptance (LoA) from East Coast Railway for a project valued at ₹9.6 crore.