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Railtel Corporation of India has received the Letter of Acceptance (LoA) from Municipal Corporation of Greater Mumbai (BMC) for provisioning, configuration, testing, commissioning, operations & maintenance of Cloud Services for BMC. The estimated order size as per the LoA is ₹86.36 crore (including tax), and the project is to be executed by June 5, 2029.

Oil India's wholly owned subsidiary, OIL Green Energy (OGEL), has entered a Memorandum of Understanding (MoU) with Numaligarh Refinery (NRL) on April 20, 2026, for collaboration in the development, procurement and supply of renewable energy, with special emphasis on group captive requirement.

The collaboration is envisaged to facilitate diversification and scaling up of OGEL's renewable energy portfolio, while supporting Oil India's net zero target by 2040 and contributing to the Government of India's vision of achieving net zero emissions by 2070.

TVS Motor Company has entered into a Joint Development Agreement (JDA) with Hyundai Motor Company on April 20, 2026, for the development, manufacturing, and commercialisation of electric micromobility 3-wheelers (including its versions or variants).

The collaboration leverages Hyundai Motor's design, styling and technology capabilities with TVS Motor's engineering expertise, manufacturing capabilities and strong distribution network in India and emerging markets, to jointly develop, manufacture and commercialize competitive electric micromobility 3-wheelers — delivering a modern, efficient, and sustainable EV mobility solution.

Adani Power's wholly-owned subsidiary — Adani Atomic Energy (AAEL) — has incorporated a wholly-owned subsidiary, namely, Rawatbhata-Raj Atomic Energy (RRAEL) on April 20, 2026. The objective of incorporation is to generate, transmit, and distribute power derived from nuclear and/or atomic energy.

Note: The stock hit a fresh 52-week high of ₹207.40 today on the BSE.

Coforge has unveiled two new AI-native solutions — Voyager.AI and FlightFlex.AI — for airlines worldwide.

Voyager.AI enables airlines to activate 1-to-1 personalised offers and experiences throughout the customer journey using real-time data and AI-driven decisioning, applying AI-based identity stitching, predictive modelling, and omni-channel decisioning.

FlightFlex.AI is a unified, AI-led disruption recovery solution combining real-time decisioning, contextually optimised automated rebooking, and proactive passenger communication — addressing the cascading operational and commercial impact of flight disruptions due to weather, air traffic, crew/aircraft availability, and infrastructure issues.

JSW Steel and South Korea's POSCO have signed a joint venture agreement for setting up a 6 MTPA greenfield integrated steel plant in Odisha. The proposed plant will comprise steelmaking, hot rolling, and cold rolling/coating processes; land has already been secured.

The partnership was built progressively — MoU in October 2024, Heads of Agreement in July 2025, and now a full JV agreement. The plant will manufacture high-grade flat steel products for automotive and other applications. Leveraging POSCO's technological expertise, it will complement JSW's existing portfolio and provide new product opportunities in India's high-growth market. The project is expected to be operational by 2031 and will integrate with POSCO's 1.8 MTPA downstream unit in Pune. Completion is subject to regulatory approvals.

Biocon's BOSAYA (denosumab, biosimilar to Prolia) and VEVZUO (denosumab, biosimilar to Xgeva) have received Notice of Compliance (NOC) from Health Canada. BOSAYA was approved as a 60 mg/mL injection for subcutaneous use in a prefilled syringe; VEVZUO as a 120 mg/1.7 mL (70 mg/mL) injection for subcutaneous use in a single-dose vial.

Denosumab products play a key role in bone health — increasing bone mass, treating osteoporosis, and addressing bone complications associated with cancer. The approval is based on a comprehensive analytical, nonclinical, and clinical data package demonstrating high similarity to the reference products with no clinically meaningful differences in quality, safety, or efficacy.

Standalone Q4FY26: Net profit rose 14.39% to ₹648.70 crore (vs ₹567.11 crore YoY). Total income up 5.63% to ₹2,160.41 crore.

Consolidated Q4FY26: Net profit rose 19.15% to ₹655.80 crore (vs ₹550.38 crore YoY). Total income up 6.63% to ₹2,171.91 crore.

Full Year FY26 (Consolidated): Net profit rose 19.44% to ₹2,327.88 crore (vs ₹1,948.95 crore). Total income rose 11.13% to ₹8,514.29 crore.

Monarch Surveyors and Engineering Consultants has received a Letter of Acceptance (LoA) from Western Railway for Pre and Post Tamping Track Measurement Survey using Trimble GEDO Vorsys Trolley System under Sr. DEN/E/MMCT jurisdiction for the Ukai Songhad–Jalgaon section. Total order value: ₹1.54 crore, to be completed within 12 months from date of LoA.

Earlier, the company had received a rate contract for Final Location Survey (geotechnical studies, design, preparation of drawings) worth ₹130 crore.

OneSource Specialty Pharma's partner Orbicular Pharmaceutical Technologies, together with its U.S.-based front-end partner (the ANDA holder), has secured tentative USFDA approval for an Abbreviated New Drug Application (ANDA) for a generic version of Ozempic (Semaglutide Injection). OneSource is the CDMO partner for this product.

Orbicular led product development and the technical program for this complex peptide, while OneSource supported end-to-end manufacturing capabilities for the U.S. market filing from its US-FDA approved flagship site in Bangalore. Commercial supply is expected to be reliable from this facility.

GRM Overseas has launched 10X Basmati Rice Suitable for Diabetics, to be rolled out across key International and Domestic markets. The product combines the aroma, elongation, and taste of premium basmati rice with carefully processed characteristics for better glycaemic management — featuring low GI and high fibre, making it a suitable choice for those seeking diabetic-friendly rice without compromising quality or taste.

The launch addresses rising diabetes prevalence, urban lifestyle health awareness, and reinforces GRM's long-term vision of evolving from a traditional rice exporter into a diversified, consumer-centric food company.

INDO SMC has received a purchase order worth ₹28.42 crore for supply of HT Air Insulated Bus Ducts for 630 AMP metal-enclosed systems used for high-tension power distribution in industrial settings, from a prominent Indian mining and steel company specialised in iron ore mining, sponge iron manufacturing and power generation.

HT Air Insulated Bus Ducts (630 AMP) feature air as primary insulator, aluminium or copper conductors, and stainless/mild steel or aluminium enclosures for dust and vermin protection. They support short-circuit withstand currents up to 27–65 kA for 1 second and peak currents up to 56–143 kA. The stock hit a fresh 52-week high of ₹199.00 today.

Shadowfax Technologies has launched Shadowfax 360, a unified digital shipping platform built to empower India's SME and D2C ecosystem. The platform covers 15,000+ pin codes across 2,500 cities, features a transparent flat-rate billing model, one-click integrations with Shopify and WooCommerce, and an AI-driven RTO Predictor to minimise return risks. The platform also offers the industry's fastest COD remittance cycles for SME liquidity.

Businesses can register and start nationwide shipping in minutes with no minimum order requirements. The company expects Shadowfax 360 to be a meaningful driver of new customer acquisition, contributing to volume growth and revenue diversification. The stock hit a fresh 52-week high of ₹151.25 today.

Prestige Estates Projects has sold over 1,700 units of its recently launched residential project, Prestige Golden Grove in Hyderabad, translating to a total sales value exceeding ₹2,500 crore. The project witnessed over 4,000 customer footfalls — among the highest seen for any residential launch in Hyderabad.

Strategically located in Tellapur, the large-scale development spans approximately 29 acres, comprising around 5,120 units across 10 towers, with a total estimated gross development value (GDV) of around ₹9,500 crore.

Expo Engineering and Projects has secured a work order worth approximately ₹3.74 crore (inclusive of taxes) from Reliance Industries, Jamnagar Site for supply of 24 nos. Hoppers for Glass Factory. The order is to be executed by August 27, 2026.

RateGain Travel Technologies has entered into a strategic partnership with Easebuzz, a leading digital payments platform in India, as a Gold Partner for RG Pay. Easebuzz's payment gateway and local acquiring capabilities will be integrated with RG Pay, enabling travel and hospitality brands to offer UPI, cards, net banking, and wallets for Indian travelers — improving payment acceptance, reducing friction at checkout, and driving higher booking completion rates.

Saatvik Green Energy's material subsidiary, Saatvik Solar Industries, has received and accepted an order aggregating to ₹71.25 crore from a renowned Independent Power Producer/EPC Player for the supply of Solar PV Modules. The order will be executed by May 2026.

Earlier, Saatvik Solar Industries had also bagged an order worth ₹108.75 crore from another renowned IPP/EPC player for Solar PV Module supply.

GEM Enviro Management, in collaboration with Rudrabhishek Infosystem, has incorporated a joint venture company named 'GEM ECOMIND' for providing technical and technological solutions in recycling, waste management, sustainability, and ecosystem conservation. The certificate of incorporation was received on April 20, 2026 from the Ministry of Corporate Affairs, Government of India.