Workflow
Over dozen companies including Infy, BLS International, RPower, Adani Enterprises, HCC, NDTV, Muthoot Finance will remain in action on Monday
BusinessLine·2025-10-13 01:24

Group 1: Company Developments - BLS International Services is temporarily restricted from participating in new Indian Mission tenders for two years, but existing contracts remain valid and operations are unaffected [1] - Infosys has launched the Infosys Customer Experience Suite for Salesforce to enhance digital transformation for enterprises [2] - Reliance Power's executive director and CFO was arrested in a bank loan fraud case, but the company stated that Anil Ambani is not involved [3] - Hindustan Construction Company secured a ₹204 crore contract for the Aditya aluminium smelter expansion project [4] - Muthoot Finance's MD was summoned by the Enforcement Directorate for clarifications regarding non-convertible debentures issued by Srei group companies [5] - Jyoti Ltd received an order worth ₹10.91 crore for VT pumps from Nand Infrastructure & Projects [6] - Kirloskar Oil Engines transferred its Water Management Solutions business to a wholly owned subsidiary for internal reorganization [7] - Monarch Surveyors and Engineering Consultants received a ₹6.19 crore order for railway alignment studies and a separate ₹37.67 crore order for the Somnath Dwarka Expressway expansion [8] - Zen Technologies received a ₹37 crore order from the Ministry of Defence for Anti-Drone Systems [9] - NDTV raised ₹396.49 crore through a Rights Issue, resulting in an increase in equity share capital and promoter shareholding [10] - GKB Ophthalmics Ltd reduced production to 50% due to sluggish market demand and halted export orders from the USA [11] - Hind Rectifiers Ltd appointed Manoj Nair as CEO and Key Managerial Personnel [12] Group 2: Industry Transactions - BASF SE and Carlyle, in partnership with Qatar Investment Authority, entered into a binding agreement for BASF's automotive coatings businesses, with a global enterprise value of €7.7 billion [13]