Business

AM/NS India Secures Landmark Dual BIS Certifications, Strengthening Market Leadership and Driving Import Substitution in Specialised Steel

AM/NS India Secures Landmark Dual BIS Certifications, Strengthening Market Leadership and Driving Import Substitution in Specialised Steel

Hazira/Surat (Gujarat) [India], September 17: ArcelorMittal Nippon Steel India (AM/NS India) has strengthened its leadership in advanced steel manufacturing by securing Bureau of Indian Standards (BIS) licences under two significant new standards. The achievements reinforce the company’s commitment to innovation, quality, and the Government of India’s Make in India and Atmanirbhar Bharat initiatives while opening new pathways in infrastructure and heavy engineering sectors. Becomes India’s First Steelmaker Licensed for Quenched & Tempered Plates (IS 2062: Part 2) and Advanced Zn-Al-Mg Corrosion-Resistant Coatings (IS 19210) Unlocks High-Value Domestic Procurement Across Strategic Infrastructure, Defence, and Industrial Sectors under Atmanirbhar Bharat Mandates AM/NS…
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Praveg Limited Secures Rs 12.99 Crore Contract from Tourism Corporation of Gujarat Limited for Statue of Unity Event Infrastructure

Praveg Limited Secures Rs 12.99 Crore Contract from Tourism Corporation of Gujarat Limited for Statue of Unity Event Infrastructure

Ahmedabad (Gujarat) [India], September 17: Praveg Limited (BSE – 531637), a company engaged in tourism, hospitality, event management and allied infrastructure services, today announced that it has received a Letter of Acceptance (LoA) dated September 16, 2026, from Tourism Corporation of Gujarat Limited (TCGL), a Government of Gujarat undertaking, for a comprehensive event infrastructure and operations assignment at the Statue of Unity (SOU) Area, Gujarat. The accepted contract value is ₹12,99,61,000/- (Rupees Twelve Crore Ninety-Nine Lakh Sixty-One Thousand only), plus applicable GST. The assignment covers the development, erection and furnishing of the complete set-up, supporting infrastructure, and the operation, maintenance and running of the premises for…
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AFCOM to Acquire Four 777-8F Freighter Aircraft from Boeing

AFCOM to Acquire Four 777-8F Freighter Aircraft from Boeing

Chennai (Tamil Nadu) [India], September 17: Afcom Holdings Limited (AFCOM), (BSE – 544224), an integrated air cargo solutions company with operations across domestic and international routes, has executed a Letter of Intent (LOI) with The Boeing Company for the acquisition of up to four Boeing 777-8F Freighter Aircraft. The proposed addition marks a significant step in AFCOM’s fleet expansion and international growth strategy, strengthening its capabilities for long-haul air cargo operations and international connectivity across key trade corridors. This marks a significant step towards AFCOM’s vision and its growth. The Boeing 777 wide-body freighters have approximately five times the capacity…
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Fredun Pharmaceuticals Ltd. Acquires Furlicks from Pharma Major USV & its subsidiary Wellbeing Nutrition

Fredun Pharmaceuticals Ltd. Acquires Furlicks from Pharma Major USV & its subsidiary Wellbeing Nutrition

Mumbai (Maharashtra) [India], September 17: Fredun Pharmaceuticals Limited (FPL) has acquired Furlicks, an innovative pet-wellness brand focused on convenient, easy-to-administer oral-strip solutions for pets. The acquisition of Furlicks from USV & Wellbeing Nutrition brings the brand’s differentiated product innovation and consumer understanding into the FPL Group. This move further creates an opportunity to leverage FPL’s established capabilities in manufacturing, product development, quality systems, R&D, supply chain and distribution in the pet-care industry. With pet parenting evolving from a predominantly need-based approach towards a more proactive focus on preventive health, the acquisition comes at a time when pet parents are becoming…
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Maiden Forgings Streamlines Operation; Adds Galvanised Wire to Target Margin Growth

Maiden Forgings Streamlines Operation; Adds Galvanised Wire to Target Margin Growth

New Delhi [India], September 16: Maiden Forgings Ltd – the Ghaziabad-based bright steel bar, wire, and pneumatic nail manufacturer – has completed the first phase of its long-planned manufacturing consolidation. The company has shifted its Unit II into a new four-acre plant at Bhojpur, near Modinagar, clearing the way for operational cost reductions and the addition of two higher-margin product lines. Operations began on 18 July 2026, and dispatches left the site the same week. In its filing to the BSE, the company put the savings from consolidation at a minimum of ₹ 25 lakh a month, close to ₹…
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Grand Inauguration of VinFast Sikar Road, Jaipur – 3rd VinFast Showroom in the Pink City within just one remarkable year

Grand Inauguration of VinFast Sikar Road, Jaipur – 3rd VinFast Showroom in the Pink City within just one remarkable year

Jaipur (Rajasthan) [India], September 16: Marking a milestone in Rajasthan’s growing electric vehicle movement, Velocity Fintrust, an authorized dealer partner for VinFast, today unveiled a brand-new dealership in the Pink City. This opening marks Velocity Fintrust’s consecutive launch in Rajasthan and the 3rd showroom in Jaipur, adding to VinFast’s expanding network across India. The grand facility was opened by Mr. Sudipta Ghosh, Deputy CEO – Sales & Network Development, VinFast India, Mr. Vikas Yadav, Managing Director, Velocity Fintrust along with Mr. Sitaram Yadav, Chairman of VST United Group and Mr. Vikas Bohra, Vice President of Velocity Fintrust. VinFast is building…
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Anupam Kher becomes the face of Tender247, opening India’s Rs 70 lakh crore Tender Market to more businesses

Anupam Kher becomes the face of Tender247, opening India’s Rs 70 lakh crore Tender Market to more businesses

Ahmedabad (Gujarat) [India], September 16: India’s tender economy is vast, digital and fragmented. Tender247 is making it more accessible through a familiar face, helping more businesses see, understand and compete for it. India’s biggest customer is the Government of India, and it does not have a single storefront. It has hundreds of portals. The World Bank estimates public procurement at roughly 20 percent of India’s GDP, putting the wider opportunity at about ₹70 lakh crore. Government e Marketplace (GeM) alone, the portal through which ministries, PSUs and departments buy everything from stationery to steel, completed ten years this August with…
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Apollo Micro Systems Gets Transfer of Technology for Semi-Active Laser Homing System

Apollo Micro Systems Gets Transfer of Technology for Semi-Active Laser Homing System

Mumbai (Maharashtra) [India], September 16: Apollo Micro Systems Limited (NSE: APOLLO; BSE: 540879) has been awarded the Transfer of Technology (ToT) for the Semi-Active Laser Homing System (SALHS), according to a company disclosure dated September 16, 2026. The SALHS is a precision-guidance technology designed to provide in-flight guidance to munitions towards a laser-designated target. The system works with a laser designator that illuminates the target, while the homing system detects reflected and scattered laser radiation to guide the munition. According to Apollo Micro Systems, the technology incorporates a semi-active laser seeker and precision optical detector, along with real-time in-flight course…
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GLOBOIL India 2026 To Bring Global Edible Oil Leaders to Mumbai for High-Powered Dialogue on Prices, Trade, Sustainability, Biofuels & The Future of Food

GLOBOIL India 2026 To Bring Global Edible Oil Leaders to Mumbai for High-Powered Dialogue on Prices, Trade, Sustainability, Biofuels & The Future of Food

The 29th Globoil India will be held from Sept 29 to Oct 1 in Mumbai, bringing together global experts, CEOs, traders and policymakers from the edible oils sector. Mumbai (Maharashtra) [India], September 16: The 29th edition of Globoil India, a business and knowledge platform for the edible oils, oilseeds and allied agri-commodities sector, is scheduled to take place from September 29 to October 1, 2026, at The Westin Mumbai Powai Lake. Organised by Tefla’s, the three-day event is expected to bring together international and Indian industry leaders, traders, processors, importers, refiners, exchanges, associations and policymakers for discussions around market trends,…
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GLOBOIL India 2026 To Bring Global Edible Oil Leaders to Mumbai for High-Powered Dialogue on Prices, Trade, Sustainability, Biofuels & The Future of Food

GLOBOIL India 2026 To Bring Global Edible Oil Leaders to Mumbai for High-Powered Dialogue on Prices, Trade, Sustainability, Biofuels & The Future of Food

The 29th Globoil India will be held from Sept 29 to Oct 1 in Mumbai, bringing together global experts, CEOs, traders and policymakers from the edible oils sector. Mumbai (Maharashtra) [India], September 16: The 29th edition of Globoil India, a business and knowledge platform for the edible oils, oilseeds and allied agri-commodities sector, is scheduled to take place from September 29 to October 1, 2026, at The Westin Mumbai Powai Lake. Organised by Tefla’s, the three-day event is expected to bring together international and Indian industry leaders, traders, processors, importers, refiners, exchanges, associations and policymakers for discussions around market trends,…
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