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PNC Infratech – The company has emerged as the lowest bidder for an AAI project worth Rs 297 crore (exclusive taxes) to extend and strengthen the runway at Varanasi’s Lal Bahadur Shastri International Airport, with completion slated in 18 months.

JSW Cement – JSW Cement reported a net loss of Rs 1,356.2 crore for the first quarter that ended June 30, 2025. In the corresponding quarter of the previous fiscal, JSW Cement posted a net loss of Rs 15 crore. The company reported an exceptional loss of Rs 1466.4 crore in the quarter. Revenue from operations increased 7.8% to Rs 1,559.8 crore as against Rs 1,447.2 crore. Net debt stood at Rs 4566 crore as of June 2025.

MOIL – MOIL Ltd has continued its strong growth trajectory, reporting its highest-ever August production of 1.45 lakh tonnes in August 2025, a 17% increase over the same period last year. The manganese ore producer also registered a robust sales performance, achieving 1.13 lakh tonnes during the month, marking a sharp 25.6% year-on-year growth.

GE Shipping – GE Shipping Limited contracts to buy a Kamsarmax dry bulk carrier of approximately 81,922 dwt expected to join its fleet by Q3FY26. This acquisition is part of the company’s expansion strategy, which will increase its fleet to 41 vessels.

Cartrade – Cartrade Tech Ltd. Announces that OLX India has achieved its highest-ever monthly revenue in July and August 2025, driven by strong consumer adoption and anticipated benefits from proposed GST reductions.

OLX projects that Q2FY26 will deliver a strong revenue growth of ~15% YoY, translating into its highest ever Revenue and Profit and cementing its position as India’s leading destination for buying and selling used cars and products.

Infosys – Infosys announced a multi-year strategic collaboration with One Bright Kobe, which operates Glion Arena Kobe, a new multi-purpose arena in Kobe, Japan. As part of this collaboration, Infosys will be the Official Digital Innovation and GX (Green Transformation) partner of Glion Arena Kobe. This strategic engagement with Japan’s first entertainment arena is set to revolutionize live entertainment and sports through advanced digital innovation and sustainable practices.

TCS – Tata Consultancy Services Ltd (TCS) has won a $640 million order from Danish insurance firm Tryg, marking its first big-ticket deal since January 2024. It would expand on its existing partnership and modernise the Danish insurer’s information technology infrastructure using artificial intelligence and cloud solutions.

TCS has announced its latest round of salary hikes, which will be between 4.5% and 7% for the majority of its employees.

Indus Tower/Bharti Airtel – Indus Tower, now a subsidiary of Bharti Airtel, plans to expand its presence in African markets with Airtel’s Africa business as its anchor customer.

Lemon Tree Hotels – Lemon Tree Hotels announced the signing of three new properties – Lemon Tree Premier, Pushkar, Lemon Tree Premier, Ajmer, and Keys Lite by Lemon Tree Hotels, Ajmer. The properties will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited.

Quadrant Future Tek – The company has received a Letter of Award from RailTel worth Rs 128.9 crore for the supply, installation, and commissioning of KAVACH equipment.

Eternal – Eternal raised its platform fee on food delivery orders to Rs 12 from Rs 10, marking a 20% hike. The change comes less than a year after the company last revised the charge.

Adani Power – The company has secured approval from the Coal Ministry to begin operations at the Dhirauli mine in Singrauli, Madhya Pradesh. Operated by subsidiary Mahan Energen Ltd, the mine has a peak capacity of 6.5 MTPA, with 5 MTPA expected from open-cast mining by FY27 and the rest from underground operations. Adani Power holds a 30-year mining lease for the block, ensuring long-term operational continuity.

Adani Power has secured a letter of award (LoA) to set up a 2,400MW greenfield ultra-supercritical plant in Pirpainti, in the Bhagalpur district of Bihar, India. The company will supply electricity generated by the plant under a 25-year contract signed with the Bihar State Power Generation Company Limited (BSPGCL).

Waaree Energies – The battery manufacturer will acquire a 64% stake in Kotson’s Pvt Ltd for Rs 192 crore, making it a subsidiary. Kotson’s, founded in 1978, manufactures advanced transformer solutions. The company will also acquire 100% of Impactgrid Renewables Pvt Ltd from its wholly owned subsidiary, Waaree Forever Energies.

E2E Networks – The IT services provider has bagged a Rs 177 crore order from MeitY to provide nearly 1.3 crore GPU hours (H100 and H200 SXM) to GNANI AI for building India’s foundational AI model. The GPUs will be deployed on an InfiniBand network for 360 days.

Yes Bank – CCI has cleared Sumitomo Mitsui Banking Corporation’s plan to raise its stake in Yes Bank. The Japanese lender, which currently holds 20%, has RBI approval to increase its shareholding up to 24.99%.

DCM Shriram – DCM Shriram Ltd and Aarti Industries Ltd (AIL) have announced a long-term strategic agreement for the supply of chlorine. Under this arrangement, DCM Shriram Chemicals will serve as the exclusive supplier of chlorine from its Chlor-Alkali plant to AIL’s upcoming downstream chemicals facility at Zone IV, Jhagadia, Gujarat.

Afcom Holdings – The company would issue 12.35 lakh equity shares on a preferential basis at Rs 863.17 per share and raise Rs 106.63 crore through the allotment.

The company also approved the issuance of 11.65 lakh warrants at Rs 863.17 per warrant. It will raise Rs 100.55 crore through the said allotment.

Jain Irrigation – The board of Jain Irrigation Systems Ltd. has considered and approved raising funds worth up to Rs 500 crore through a Qualified Institutional Placement (QIP).

DEE Developments – DEE Development Engineers Ltd has secured a Letter of Intent (LoI) worth approximately Rs 170 crore from an Indian public sector undertaking in the power sector. The Letter of Intent is for the supply of approximately 1900 MT of Critical Piping for two important Power Projects.

Adani Ports – Adani Ports handled a cargo volume of 41.9 million metric tonne (MMT) in August, up 16% from the last year. This was led by containers, which were up 29% from August last year. Adani Ports has handled 202.6 MMT of total cargo in the financial year 2026 till August, up 11% from the year-ago period.

Source: HDFC Securities Prime Daily, 3 Sept 2025

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