Corporate India reported a series of significant announcements, led by major order wins, expansion initiatives, financing approvals and strategic partnerships. Highlights included contracts in solar, railways and defence, an HIV drug licensing pact, and investments aimed at strengthening long-term growth.
NBCC (India) Ltd has bagged project management consultancy work orders aggregating to approximately ₹108.85 crore (excluding GST). The contracts were secured in the ordinary course of business from domestic government agencies across horticulture and technical education infrastructure.NTPC board approves ₹12,000 crore NCD fundraisingNTPC’s board has approved a proposal to raise ₹12,000 crore through the issuance of non-convertible debentures (NCDs).Aurobindo Pharma signs HIV drug licensing pact with MSDAurobindo Pharma Ltd has entered into a non-exclusive voluntary licensing agreement with MSD (trade name of Merck & Co., Inc., Rahway, N.J., USA (NYSE: MRK). Aurobindo Pharma is among a select group of global generic manufacturers to have signed this agreement. The royalty-free agreement will enable the supply of generic alimatravir to cover 129 Low- & Middle-Income Countries (LMICs) which account for the majority of new HIV diagnoses globally, subject to applicable regulatory approvals and requirements.Hirect secures ₹60 crore MEMU order, bags Vande Metro contractHirect Ltd (formerly known as Hind Rectifiers) has secured its maiden order worth ₹60 crore from the Modern Coach Factory (MCF), Indian Railways, for Mainline Electric Multiple Unit (MEMU) train sets. The order scope includes complete propulsion systems for four MEMU trainsets. The order must be fully executed within 24 months. In a separate disclosure, the company said it bagged the prestigious Vande Metro (Namo Bharat) trainsets directly from Indian Railways for ₹61 crore and has to be executed within 21 months.Waaree Renewable wins over 1 GW solar EPC projectsWaaree Renewable Technologies Ltd, a subsidiary of Waaree Energies, has secured two Letters of Award (LOA) for engineering, procurement and construction (EPC) of ground-mounted solar photovoltaic (PV) projects with a combined capacity of 800 MWac / 1,082 MWp. The orders were received on July 25, 2026, from one of India’s leading renewable energy companies. The two projects comprise a 400 MWac / 530 MWp solar PV plant and a 400 MWac / 552 MWp solar PV plant. Both are scheduled for completion during FY 2027-28, in accordance with the terms of the orders.Cyient elevates Andrew Smith as Chief Operating OfficerCyient Limited, a global lifecycle engineering company, announced the elevation of Andrew Smith as Chief Operating Officer (COO), reinforcing the company’s commitment to operational excellence, scalable growth, and superior customer outcomes. The appointment also reflects Cyient’s belief that embracing intelligence remains central to the future growth strategy, with credible engineering leadership experience in key industries in a pivotal role.Neueon secures ₹150 crore defence communication ordersNeueon Corporation has entered into a Procurement Partnership/MoU with defence technology provider Elcom Innovations Private Limited. Under the terms of the agreement, Neueon has bagged orders valued at approximately ₹150 crore to supply tactical communication equipment and solutions over 12 months.Dodla Dairy invests in premium D2C brand Sids FarmDodla Dairy Limited has announced a strategic minority investment in Hyderabad-headquartered D2C dairy startup Sids Farm Private Limited, by acquiring approximately 2% on a post-issue, fully diluted basis (27,708 equity shares) for ₹11.65 crore. The investment aims to expand Dodla Dairy’s presence in the fast-growing, premium, antibiotic-free, and hormone-free dairy segment while deepening its reach across digital and direct-to-consumer (D2C) channels.Lemon Tree unit gets LOA extension for Aurika hotel projectLemon Tree Hotels has said that its material subsidiary, Fleur Hotels Limited (FHL), has received a validity extension for the Letter of Award (LOA) issued by the Delhi Development Authority (DDA). The project involves the development and operation of “Aurika, Nehru Place”, an upcoming upscale five-star hotel in South Delhi.3i Infotech wins ₹4.83 crore OPaL IT services order3i Infotech Ltd has received a Service Order for ₹4.83 crore from ONGC Petro-Additions Limited (OPaL) for providing Facility Management Services (FMS) for IT and non-IT infrastructure, and Annual Maintenance Contract (AMC) services for IT assets. The engagement covers managed support and maintenance for end-user computing devices, servers, storage, network and security infrastructure, communication systems, and related IT and associated assets across OPaL’s locations.Kesar India acquires commercial office property in HyderabadKesar India has announced that its wholly owned subsidiary, Kesar Infraventures Private Limited, has completed the acquisition of a premium commercial office property located at Ameerpet, Hyderabad, Telangana, further strengthening the Group’s strategic presence in South India. The acquired property comprises Office Space No. 4A, situated on the Third Floor of the commercial complex known as “Aditya Trade Centre (F & G Blocks)”, Aditya Enclave, Ameerpet, Hyderabad, Telangana, with approximately 7,725 sq. ft. of super built-up area, together with six dedicated car parking spaces.Maruti Global receives ₹5.9 crore construction work orderMaruti Global Industries has received a Sub-Contract Work Order from MSN Laboratories Private Limited for the execution of works relating to “Construction of Structural Works, Retaining Walls, Fabrication, & Others”. The order size is approximately ₹5.9 crore.Gandhar Oil reports temporary disruption at Silvassa plantGandhar Oil Refinery (India) Ltd has formally notified the stock exchanges on Friday of a temporary disruption at its Silvassa manufacturing facility due to severe waterlogging and flash flooding following heavy rainfall over the past 48 hours.Published on July 27, 2026
