News Highly Sensitive to Stock Price: March 20

IndiQube Spaces

The company has signed a significant workspace leasing agreement with a leading GCC client in Pune. The client has taken up 1,140 seats at IndiQube Orchid, spread across multiple floors. The deal is valued at around Rs 54 crore over a tenure of five years.

HCC

Hindustan Construction Company has won a major infrastructure contract valued at approximately Rs 1,662.27 crore from the Brihanmumbai Municipal Corporation for the construction of the Goregaon-Mulund Link Road (GMLR) Phase IV. The project will be executed by the Aakshya-HCC Joint Venture, where HCC holds a 49% stake.

SJVN

The company has achieved a 1 billion-unit generation milestone at its 1,000 MW Bikaner Solar Power Project.

Patel Engineering

Patel Engineering has received the Letter of Award (LoA) from Himachal Pradesh Power Corporation (HPPCL) for the prestigious Renuka Ji Dam Project (Package-1), valued at Rs. 910.08 crore including GST. The Company had earlier been declared the Lowest Bidder (L1) for this project, and the receipt of the LoA marks the formal commencement of this significant engagement.

Telecom

India’s telecom subscriber base saw a significant jump in January. Wireless connections led this surge, adding millions of new users. Broadband growth, however, remained slow. Urban areas experienced more subscriber additions than rural regions. Active mobile users represent a large portion of the total base. India’s telecom subscriber base jumps 7.86 million in January.

TCS

Tata Consultancy Services Limited (TCS) announced the signing of a Memorandum of Understanding (MoU) with ABB to strengthen the two companies’ strategic collaboration across IT infrastructure and applications, digital and industrial AI initiatives, data centres, and other emerging technologies. The MoU reflects the Parties’ shared intent to drive innovation, operational resilience, and sustainable growth through a long-term partnership approach. TCS has announced a global strategic partnership with Amadeus, a leading travel technology company that powers the global travel and tourism industry. The alliance is designed to accelerate innovation and drive digital transformation across the global travel ecosystem spanning airlines, airports, travel distribution, hospitality, and payments.

Tata Elxsi

Tata Elxsi, inaugurated the ‘Terumo-Tata Elxsi Offshore Development Center’. This dedicated center will support the development of Terumo’s cardiac and vascular solutions, strengthening engineering and innovation capabilities while enabling continuous lifecycle support across international markets.

JSW Cement Ltd.

JSW Cement Limited has announced the commissioning of its greenfield integrated cement plant in Nagaur, Rajasthan, marking a key expansion in its manufacturing footprint. The newly commissioned facility has a cement grinding capacity of 2.5 MTPA and a clinkerisation capacity of 3.3 MTPA

Cipla

The company will invest up to $100 million in its arm Cipla (EU), approved the merger of Inzpera Health, and designated P R Ramesh as Vice-Chairman.

NTPC

The company has signed an MoU with Octopus Energy Group to explore collaborations in the power and energy sectors.

Samvardhana Motherson

The company has approved a JV pact with Hellmann Worldwide Logistics to incorporate a new entity in Dubai with an authorized capital of $10 million.

Nestle India

The company has added a new Munch production line at its Sanand factory in Gujarat, with an investment of Rs 225 crore.

Wipro

The company has launched a hub in GIFT City dedicated to AI-led transformation for BFSI clients.

IREDA

The company has enhanced its borrowing plan to Rs. 35,800 crore for fiscal 2026 and up to Rs. 40,000 crore for fiscal 2027

Reliance Industries

The company’s subsidiary Reliance Jio added a net 24.37 lakh mobile subscribers in January 2026, compared to an addition of 29.6 lakh subscribers in December 2025.

Bharti Airtel

The company added a net 44.06 lakh mobile users in January 2026, compared to an addition of 54.28 lakh users in December 2025.

Vodafone Idea

The telecom operator reported a net loss of 4.11 lakh mobile users in January 2026, compared to a loss of 9.40 lakh subscribers in December 2025.

Amber Enterprises

The company has approved an additional investment of Rs 296.02 crore in its subsidiary, IL JIN Electronics (India), by subscribing to its rights issue.

Gillette India

The Rajasthan State Pollution Control Board has approved the renewal of the Consent to Operate (CTO) for the company’s manufacturing facility in Bhiwadi.

Source: HSL Prime Daily, 20 March 2026