What's up, what's down, how's the market doing, know it all right here! ARN: We recommend adding 40-50 words of introductory content related to Infobyte, covering the keywords "infobyte, stock market news" (3-4 occurrences). What's up, what's down, how's the market doing, know it all right here! We recommend adding 40-50 words of introductory content related to Infobyte, covering the keywords "infobyte, stock market news"
ARN: We recommend to add content explaining Overview of the news and other sections. We recommend to add content explaining Overview of the news and other sections.
Brent crude fell 1.52% to approximately $72.4 per barrel, while West Texas Intermediate (WTI) declined by 1.43% to about $69.3/bbl
Infosys: Formed a long-term AI managed services pact with global semiconductor leader GlobalFoundries. Under the contract, Infosys will deploy its proprietary AI architecture to deliver end-to-end, automation-led managed services to optimize GlobalFoundries' manufacturing workflows.
Wipro: Sealed a comprehensive global cyber defense solution partnership with cybersecurity giant Palo Alto Networks. Separately, the firm extended the timeline for completing its asset and customer contract acquisition of Alpha Net Consulting to September 30, pushing it back from the initial June 30 target.
Solarium Green Energy: Secured an engineering milestone by winning a Rs 186 crore solar EPC subcontract to build solar infrastructures across Maharashtra. This Rs 186.5 Cr order is massive, equaling roughly 50% of the company's FY26 revenue of ₹368 Cr. It confirms their pivot to large-scale ground-mounted EPC is gaining traction and helps prove their execution capability in a major state project.
Tata Power: Received a significant operational extension as the Ministry of Power extended the validity of its Section 11 directions under the Electricity Act, 2003, up to September 30. The regulatory mandate forces the full-capacity operation of its ultra-mega power plant (UMPP) at Mundra, ensuring cost-plus tariff compensation amidst high seasonal power demands.
NTPC: Its subsidiary, Patratu Vidyut Utpadan Nigam Ltd (PVUNL), has officially declared the commercial operations of Unit-2 of the Patratu Super Thermal Power Project in Jharkhand. The unit injects a massive 800 MW of high-efficiency super-critical power capacity into the grid, reinforcing NTPC's baseline power supply metrics.
Sun Pharmaceutical Industries : The company has agreed to acquire 100% of the outstanding shares of Innovcare Lifesciences for Rs 271.2 crore. Innovcare Lifesciences is engaged in the marketing, distribution, and sale of pharmaceutical drugs, nutraceuticals, and cosmeceutical products.
Hindalco: Hindalco announced to the exchanges that it officially established a manufacturing facility in Chakan, Pune, to produce aluminium bicycle components. The facility will produce bicycle frames, rigid forks, handlebars, and tyre rims for both domestic and international markets. The facility will produce bicycle frames, rigid forks, handlebars, and tyre rims for both domestic and international markets. The facility has an annual capacity of approximately 5 lakh frames and forks, 7.5 lakh handlebars, and 8 lakh pairs of tyre rims. Overall, this is supportive development as this facility is anticipated to increase product diversification and facilitate higher value realisations in comparison to primary aluminium products.
Bharti Airtel: The company has announced the successful completion of the first phase of a strategic initiative in partnership with 4 Corps of Indian Army headquartered at Tezpur to strengthen mobile connectivity across remote regions in Arunachal Pradesh. With this milestone deployment, Airtel has become the first and only service provider to deliver reliable mobile connectivity in the mountainous, high-altitude, and difficult-to-access region
HCL Tech announced a multi-year strategic partnership with e.solutions, a Germanybased automotive software specialist and part of Volkswagen Group, for the development of next-generation software-defined infotainment and connectivity solutions. The engagement will focus on scaling AI-enabled future infotainment and connectivity platforms built on Android Automotive, in line with the growing demand for connected, digital in-vehicle experiences. HCLTech will support the development, integration and validation of production-grade human-machine interface (HMI) software for multiple vehicle programs, enabling consistent deployment across varied hardware platforms and global markets.