IDFC First Bank
The bank has uncovered suspected fraudulent activities at its Chandigarh branch, leading to the suspension of four officials. A discrepancy of approximately ₹590 crore was found between actual account balances and those reported to certain account holders. The Haryana government has recommended transferring related government accounts to another bank. An independent forensic audit will be conducted by an external agency.
WeWork India
The company has signed a lease to expand its Bengaluru footprint by 1.7 lakh sq. ft., involving an investment of ₹42 crore.
Lotus Chocolate Co
Operations at its Telangana facility will remain temporarily suspended for 15 days starting February 24 to review infrastructure and production capacity.
Canara Bank
The bank has entered into a distribution partnership with SBI Funds Management to offer SBI mutual fund products to its customers.
Syngene International
SBI Mutual Fund has offloaded a 2.7% stake in the company, reducing its holding to 6.56%.
RailTel
In consortium with Ashoka Buildcon, the company has secured a Letter of Intent for a multi-year modernisation project in Maharashtra valued at ₹1,136 crore.
Nuvama Wealth Management
Its subsidiary, Nuvama Wealth and Investment, has received a warning letter from the exchange following an inspection. The company expects no financial impact.
Sakar Healthcare
The company has provided an update regarding its proposed acquisition of a 49% stake in Ksolare Energy.
Purple Fabric
Launched ‘TeamSpace,’ an AI-driven technology services platform, starting at ₹99,500 per month.
K.P. Energy
March 6 has been fixed as the record date for its previously announced 4:1 bonus issue.
Vikram Solar
Signed a ₹2,000 crore agreement with Jupiter International to procure 2 GW of TopCon and PERC solar cells.
Hindustan Copper
A court has stayed the Jharkhand government’s ₹929 crore compensation demand, restraining any coercive action.
BHEL
A Visakhapatnam court has ordered the attachment of ₹55.8 crore from the company’s bank account.
NCC
The Delhi High Court has granted interim relief, keeping NHAI’s debarment order on hold until March 10.
R&B Denims
Secured a ₹216 crore order for supplying 1.2 crore metres of denim fabric.
MedPlus Health
Its subsidiary, Optival Health Solutions, has received drug licence suspension orders for two additional stores in Karnataka. Another store in the state has also been suspended.
Cipla
The US FDA classified the Greece-based unit of supply partner Pharmathen International as “Official Action Indicated” following a GMP inspection.
Prestige Estates
Entered into an agreement with BMRCL to adopt and co-brand the Bellandur Metro Station as ‘Prestige Bellandur Metro Station.’
Adani Ports
Subsidiary Adani Gangavaram Port has signed an MoU with NMDC and Vale Brazil to develop and manage an iron ore ecosystem within a Special Economic Zone.
Jindal Steel
Promoter entity Skyhigh Sustainable has completed the acquisition of a 4.87% stake in the company.
UPL
Approved a restructuring scheme to establish a listed crop protection platform, with UPL Global Sustainable Agri Solutions set for listing.
Suraj Estate Developers
Approved issuance of 4.5 crore NCDs worth ₹45 crore to IDBI Trusteeship and invested ₹30.4 crore in Hally Pacific.
Finkurve Financial Services
Board meeting scheduled for February 25 to consider raising funds via Non-Convertible Debentures.
Cohance Lifesciences
Jasti Property and Equity Holdings sold a 2% stake in the open market, reducing the Jasti family’s holding to 6.2%.
JSW Infrastructure
Board approved issuance of up to 25 crore shares via QIP, rights issue, or other fundraising routes.
Ceinsys Tech
Announced that CS Tech AI has been successfully listed on the National Stock Exchange (NSE).
Quality Power Electrical
Secured an order worth ₹18 crore for the supply of instrument transformers.
Aster DM Healthcare
HDFC Mutual Fund increased its stake to 7% after acquiring an additional 2.2%.
NTPC Green Energy
Commenced commercial operations of 158.4 MW (part capacity) of its 250 MW solar project in Andhra Pradesh.
Bharti Airtel
Partnered with Zscaler to launch an AI & Cyber Threat Research Center aimed at strengthening cyber resilience.
Pine Labs
Completed acquisition of 100% stake in Agya Technologies for ₹13.9 crore.
HCLTech
Completed full acquisition of its subsidiary Wobby BV.
Dishman Carbogen Amcis
Subsidiary CARBOGEN AMCIS BV received GMP compliance certification for its Netherlands facility.
NHPC
Will undertake two major hydroelectric projects in Jammu & Kashmir — Uri-I Stage-II and Dulhasti Stage-II — with a combined investment of ₹5,703 crore.
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