Airtel injects 1 billion dollars into Nxtra, major deals span copper, rail, energy storage, pharma and finance, MakeMyTrip hit by short seller report
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Bharti Airtel Ltd | The firm announced a fresh capital infusion of about $1 billion into its data centre subsidiary Nxtra, as the telecom major looks to scale up its digital infrastructure footprint in India amid rising demand for AI-led and cloud services.
Kwality Wall’s (India) Limited | The firm said its board has taken on record the transfer of a 61.90% equity stake by existing promoters to The Magnum Ice Cream Company HoldCo 1 Netherlands B.V., as per a Share Purchase Agreement dated June 25, 2025.
MakeMyTrip Limited | Firms shares will be in focus on after short-seller Morpheus Research released a report alleging anti-competitive practices and accounting concerns at the Indian online travel company.
Hindustan Copper Ltd | State-run miner is set to place a work order worth about ₹470 cr for a new 3 million tonnes per annum (MTPA) copper concentrate plant in Madhya Pradesh, as it looks to ramp up domestic production capacity.
Indian Renewable Energy Development Agency Limited | IREDA said it has signed a facility agreement with Sumitomo Mitsui Banking Corporation (SMBC) to raise external commercial borrowings (ECBs) worth ¥28 billion (JPY).
Corona Remedies Limited | The firm has announced the acquisition of the Wokadine brand in India from Dr. Reddy’s Laboratories, marking the company’s fifth acquisition as it seeks to strengthen its product portfolio and expand its presence in specialty therapeutic areas.
Pace Digitek Ltd. | Infrastructure solutions company has received a letter of acceptance worth ₹494.54 crore, excluding taxes, from NTPC Ltd. for a battery energy storage project.
Diamond Power Infrastructure Ltd (DPIL) | It has secured an order from Gujarat Energy Transmission Company Ltd (GETCO) for the supply of 66 kV Extra High Voltage (EHV) power cables.
Sammaan Capital | Abu Dhabi-based International Holding Company PJSC (IHC) will become its promoter after acquiring a 41.5% stake through a preferential allotment of equity shares and warrants, with the total investment valued at nearly $1 billion (₹8,850 crore).
Coforge Ltd. | The company has received approval from the Reserve Bank of India for overseas direct investment of over $1 billion in a key regulatory clearance linked to its proposed acquisition of Encora.
Texmaco Rail & Engineering Ltd. | The company secured an order worth ₹357.11 crore from JSW Group for the manufacture and supply of railway wagons and rakes. The contract is to be executed over 11 months from the effective date or commencement of work.
Bajaj Auto | CARE Ratings has reaffirmed its AAA rating with a ‘Stable’ outlook for long-term bank facilities worth ₹10,000 crore of Bajaj Auto Credit Limited, a wholly owned subsidiary of Bajaj Auto Limited.
Granules India Ltd. | The company’s wholly owned subsidiary, Granules Life Sciences Private Ltd., received a Voluntary Action Indicated (VAI) classification from the US Food and Drug Administration (USFDA) following an inspection of its manufacturing facility in Telangana.