The board of JSW Steel Ltd has approved the company’s participation in the proposed IPO of JSW One Platforms Ltd (JOPL) as a promoter selling shareholder. The company plans to sell equity shares worth up to ₹811 crore through an offer for sale (OFS).Alembic Pharmaceuticals said its partner NATCO Pharma has received tentative approval from the United States Food and Drug Administration (USFDA) for its abbreviated new drug application (ANDA) for Olaparib Tablets in 100 mg and 150 mg strengths, a generic equivalent of AstraZeneca’s Lynparza tablets. The approval is for the indication covered under the approved labelling of the reference listed drug. Alembic Pharmaceuticals will distribute the product in the United States, while NATCO Pharma will manufacture.An inspection was conducted by the United States Food and Drug Administration (USFDA) at the manufacturing facility of InvaGen Pharmaceuticals Inc. (wholly owned subsidiary of Cipla Limited) located in Central Islip, Long Island, New York, USA, from July 13 to 17. The inspection was a routine current Good Manufacturing Practices (cGMP) Inspection. On conclusion of the inspection, the company has received one)inspectional observation in Form 483. The Company will work closely with the USFDA and is committed to address this comprehensively within stipulated time.Laser Power & Infra Ltd on Sunday said it has secured a Rs 4.15 crore order from Himachal Pradesh State Electricity Board Limited for the supply and installation of advanced conductors. The Kolkata-based company said the project entails replacing conventional conductors with advanced high-temperature low-sag conductors that significantly enhance transmission capacity while utilising the existing tower infrastructure.Discount broker 5paisa Capital Ltd has partnered with OpenAI to integrate advanced artificial intelligence across the investing and trading journey, bringing personalised insights and advisory support to its retail investors.Prestige Estates Projects Ltd has launched three housing projects during the April-June quarter with an estimated revenue of Rs 12,000 crore, as part of its expansion plan amid strong demand. In its latest operational update, Bengaluru-based Prestige Estates Projects informed that the company launched four projects with a combined developable area of 20.16 million square feet. Out of four projects, three are residential properties in Hyderabad, Bengaluru and Mumbai. One commercial project with a developable area of 3 million sq ft is in Bengaluru. The company said the total revenue potential for these three residential projects is estimated at Rs 12,000 crore.CRISIL Ratings has upgraded the long-term credit ratings of key Vedanta Group companies following the group’s demerger, assigning a Stable outlook. The upgrades reflect stronger standalone business profiles, improved financial flexibility and lower structural complexity after the restructuring.NTPC Ltd announced that its subsidiary, THDC India Ltd, successfully commenced the commercial operations of an 11 MWac floating solar power plant. The plant is built on the raw water reservoir of the Khurja Super Thermal Power Project in Uttar Pradesh. This commissioning drives NTPC Group’s total installed capacity to 90,965 MW and its commercial capacity to 89,885 MW.GAIL (India) has signed a memorandum of understanding (MoU) with Khanij Bidesh India (KABIL) to collaborate in critical and strategic minerals, supporting India’s long-term resource security. The partnership provides a framework for cooperation in identifying and evaluating opportunities in critical and strategic minerals, facilitating the exchange of technical expertise, capacity building, and exploring joint initiatives across the mining value chain to help strengthen India’s long-term supply of these vital resources and clean energy transition.NBCC (India) Ltd., a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Housing and Urban Affairs (MoHUA), has moved forward with the merger of its wholly owned subsidiary, HSCC (India) Limited, into itself. Since HSCC is entirely owned by NBCC, no new NBCC shares will be issued, and no consideration or cash payment will be made under the scheme. HSCC (India) Ltd., incorporated in 1983, specializes in healthcare infrastructure consultancy, project management, and detailed project reports for hospitals in India and abroad, serving clients such as the World Bank and World Health Organization. As a 100% subsidiary of NBCC, HSCC’s merger aims to consolidate healthcare and infrastructure consultancy capabilities under one corporate umbrella.Sterlite Technologies has rolled out its pre-connectorisxed CONCAT fiber-to-the-home (FTTH) solution in the U.S. market. The company aims for up to 71% reduction in fiber deployment labor costs (as stated in the source alert; not independently verified). This launch builds on STL’s strategic expansion in North America, supported by manufacturing capabilities at its South Carolina plant.Navneet Education has announced that its subsidiary, Navneet Learning LLP, has entered into a definitive agreement to partially divest its stake in K12 Techno Services Private Ltd. The transaction is valued at an expected cash consideration of ₹329.68 crore. The stake is being acquired by institutional secondary market investors affiliated with Kenro Capital, a specialist secondaries investment firm managing over $100 million in Assets Under Management (AUM). Kenro Capital focuses on growth-stage enterprises across India and Southeast Asia within the consumer, financial services, healthcare, and technology domains. Avantel Ltd has received a Purchase Order from Larsen & Toubro Limited (L&T) for services relating to SATCOM Products, worth of Rs.20.81 Crores (inclusive of applicable taxes).Samvardhana Motherson International Ltd has received a court‑issued voluntary sale permission, clearing a key regulatory hurdle for its pending acquisition. The transaction, executed through Motherson Global Investments B.V, will secure 81% voting‑share ownership of Yutaka Giken Co., Ltd. (YGCL) and an 11% stake in Shinnichi Kogyo Co., Ltd., a YGCL subsidiary.Published on July 20, 2026