L&T Technology Services Ltd, a global leader in Engineering Intelligence Solutions & ER&D Consulting Services, today announced a partnership with Anthropic to accelerate Engineering Intelligence by integrating Claude models across engineering processes and LTTS’ AI-powered platforms. The collaboration will help LTTS’ enterprise clients redesign how they develop products and software, enabling faster innovation and improved outcomes at scale.Hero MotoCorp to invest ₹1,000 crore more in Ather EnergyHero MotoCorp Limited has announced that its Committee of Directors has approved an additional investment of up to ₹1,000 crore in its associate company, Ather Energy Limited. The transaction highlights Hero MotoCorp’s long-term commitment to the premium electric two-wheeler market, backing one of India’s most prominent EV manufacturers as it scales up production and infrastructure.ICICI Lombard ordered to pay ₹77.67 crore in insurance claimICICI Lombard General Insurance Company Ltd has been ordered to pay ₹77.67 crore to an insured party, along with interest at 7.5% per annum to Roadway Solutions Narayanpur Roads Project Private Ltd, from the date of filing of the Statement of Claim until the date of payment. The policies were originally underwritten by Bharti AXA General Insurance Company Limited, which ICICI Lombard acquired in 2021. The company is evaluating legal remedies and will take necessary steps accordingly, but said there is currently no material financial impact.J&K Bank to divest 0.5% stake in PNB MetLifeJammu and Kashmir Bank Limited proposes to divest 1,02,47,348 equity shares constituting 0.50% of the paid-up share capital of PNB MetLife India Insurance Company Ltd to MetLife International Holdings, LLC at a price of ₹117.20 per equity share, aggregating to ₹120.10 crore.KEC International wins ₹1,180 crore ordersKEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 1,180 crores across various businesses: The Transmission & Distribution (T&D) business has secured orders for T&D projects across India, the Middle East and the Americas; The Renewables business has secured an order for a 200+ MW Solar PV project in Western India from an existing client - a renowned private developer.; and Cables & Conductors business has secured various orders in India and the overseas market.Lemon Tree Hotels signs property in JorhatLemon Tree Hotels has announced the signing of Lemon Tree Hotel, Jorhat in Assam. The property will be managed by Carnation Hotels Private Limited, a wholly owned subsidiary of Lemon Tree Hotels Limited. This signing marks the group’s entry into Jorhat, Assam’s cultural capital, and expands its footprint in the state to seven properties, which include one operational hotel and six under development.Kirloskar Brothers’ UK arm bags ₹150 crore orderSPP Pumps Ltd. (SPP), wholly owned subsidiary of Kirloskar Brothers, has secured a GBP 11.67 million (approximately ₹149.59 crore) international order from Saipem Offshore Construction SPA for the supply of vertical pumps and spares. The contract strengthens the group’s international order book and reinforces SPP’s leadership position in the UK pump industry.Vraj Iron approves ₹450 crore greenfield steel plantThe Board of Directors of Vraj Iron and Steel has approved a major expansion strategy centred around a state-of-the-art Greenfield Integrated Steel Plant. The mega project, planned for the Bastar region of Chhattisgarh, marks a core milestone in the company’s infrastructure and operational scale-up. The total capital investment for Phase One of the Bastar facility is estimated at approximately ₹450 crore, inclusive of all relevant Goods and Services Tax (GST) provisions. Vraj Iron and Steel intends to fund the development using a balanced capital mix, deploying ₹150 crore through internal accruals and equity infusions, alongside ₹300 crore secured via corporate debt.Digilogic Systems secures Defence Ministry orderDigilogic Systems has received a purchase order from the Ministry of Defence, Government of India, worth Rs 4.08 crore (exclusive of GST) for the supply, installation, and Commissioning of a Satellite Front End Checkout and Monitoring Assembly for the test and evaluation of spaceborne electrical subsystems.PDS partners with Indonesia’s Busana Apparel GroupPDS Limited, the global fashion supply chain solutions company, has announced a strategic partnership between its manufacturing business and Busana Apparel Group, one of Indonesia’s leading apparel manufacturers, marking a significant step toward strengthening PDS’ global manufacturing ecosystem. The partnership brings together the complementary strengths of both organisations, enabling them to jointly pursue new opportunities with global brands and retailers seeking to diversify their sourcing footprint, while leveraging each other’s capabilities in manufacturing excellence, product innovation, design, and customer engagement.Delhivery receives RBI nod for NBFC subsidiaryDelhivery has received the Reserve Bank of India’s (RBI) approval for its wholly owned subsidiary, Delhivery Financial Services Private Limited, to obtain a Certificate of Registration (CoR) as a Type II non-banking financial company – non-deposit taking (NBFC-ND).Uflex secures patent for re-closeable packagingUflex Limited has been granted a patent by the Patent Office, Government of India, for an invention entitled “re-closeable package with enhanced barrier protection for a term of 20 years commencing from the date of filing of the application, viz., December 10, 2024, in accordance with the provisions of the Patents Act, 1970. The patent invention relates to the field of flexible packaging, specifically to a tamper-evident, re-closeable package for bulk products. More particularly, the invention addresses the need for a secure packaging solution that provides both tamper-evidence and barrier protection for the contents until opened, especially for sensitive products such as food, pharmaceuticals, chemicals, and other industrial goods that require protection from environmental factors such as moisture and gases.Dalmia Bharat Sugar approves Tanzania sugar projectThe board of Dalmia Bharat Sugar and Industries has approved the development of an integrated sugar project in Tanzania through Eagle Agrotech Tanzania Ltd, a wholly owned subsidiary of Eagle Agrotech Holdings Ltd. EAHL is a 51% subsidiary of the Company and Symphony Global LLC (an investment holding company of H.E. Mr. Mohamed Ali Rashed Alabbar, the founder and Chairman of Emaar Properties, a publicly listed entity in UAE) holds remaining 49% equity stake.Recode Studios to acquire majority stake in AflairzaRecode Studios Limited has signed a strategic Investment Term Sheet to acquire up to a 51% equity stake in Aflairza Professionals Private Limited, the company behind AFLAIRZA, an emerging premium luxury beauty and cosmetics brand catering to the fast-growing beauty and personal care market. The proposed acquisition will be executed in two phases, combining a secondary purchase of shares from the existing promoters and a primary capital infusion into the business. Through this strategic investment, Recode aims to accelerate Aflairza’s growth by strengthening manufacturing capabilities, expanding its portfolio of premium luxury beauty and personal care products, enhancing distribution networks, and increasing the brand’s presence across online and offline retail channels.Nanta Tech signs robotics manufacturing MoUNanta Tech Limited, an integrated technology solutions company engaged in service robotics, Audio-Visual (AV) integration, software and AI solutions, has entered into a Memorandum of Understanding (MoU) with Aimtron Technologies Private Limited, a leading Electronics Manufacturing Services (EMS) company, for the contract manufacturing of robotic products under Nanta’s Allbotix brand.3i Infotech subsidiary wins US credit union order3i Infotech Inc., a subsidiary of 3i Infotech Limited, secured a $154,165 (₹1.47 crore approx.) order from a Leading Federal Credit Union in the US for API development, maintenance, and support on the MuleSoft Platform, to be executed over 5 months.Published on July 15, 2026