Company News

Engineering giant Larsen & Toubro (L&T) has been awarded a significant contract for India’s ambitious bullet train project, marking another milestone in the nation’s high-speed rail journey. The order, valued in the thousands of crores, reflects the company’s strong execution capability and India’s determination to modernize its transport infrastructure. This development strengthens L&T’s position as a leading player in large-scale infrastructure projects while signaling progress in one of the most transformative mobility initiatives in India’s history.

Vikram Solar, one of India’s leading renewable energy solutions providers, has finalized an agreement to supply 200 megawatts (MW) of solar modules to AB Energia. The deal marks another milestone in strengthening India’s position as a global exporter of clean energy technology. By partnering with AB Energia, Vikram Solar is not only expanding its international footprint but also contributing to the global energy transition.

India’s largest power producer, NTPC, is preparing to make a decisive shift into nuclear energy by pursuing projects independently, rather than through joint ventures. This move signals the company’s intention to diversify its portfolio beyond coal and renewable sources, aligning with the nation’s ambition to expand clean baseload capacity. NTPC’s plan to develop nuclear projects in-house reflects a growing confidence in its technical and financial capabilities, while also underscoring the government’s strategic push toward reducing carbon intensity.

Tata Consultancy Services (TCS) has announced a strategic partnership with the Centre for Development of Advanced Computing (C-DAC) to advance India’s sovereign cloud initiative, a move aimed at strengthening data security, digital sovereignty, and technological self-reliance. The collaboration seeks to deploy scalable cloud infrastructure for government and critical enterprises, ensuring that sensitive data remains within national jurisdiction.

Bharat Heavy Electricals Limited (BHEL) has been entrusted with supplying the advanced KAVACH train collision-avoidance systems to Indian Railways, marking a significant step in modernizing the nation’s railway safety infrastructure. The project underscores India’s commitment to adopting cutting-edge technology to enhance operational efficiency and passenger security. KAVACH, an indigenously developed automatic train protection system, is designed to prevent collisions, signal passing at danger, and over-speeding, thereby improving overall rail safety.

Reliance Industries Limited (RIL) has launched a new wholly-owned subsidiary, Reliance Intelligence, marking a significant step in its AI-driven transformation. The subsidiary aims to develop large-scale AI infrastructure, including gigawatt-scale, AI-ready data centers powered by renewable energy. Strategic partnerships with global tech giants such as Google and Meta will enhance RIL's AI capabilities.

Sigma has officially launched the 35mm f/1.2 DG II Art lens, a high-performance, wide-aperture lens designed for professional photographers and enthusiasts alike. The new lens combines exceptional optical precision, superior low-light capabilities, and robust build quality, reinforcing Sigma’s reputation in the premium photography market. With advancements in sharpness, bokeh control, and autofocus speed, the DG II Art lens addresses the growing demand for versatile lenses suitable for portraits, landscape, and creative imaging.

Tata Motors has announced a broad reduction in prices across its passenger vehicle portfolio, including cars and SUVs, in an effort to make its offerings more accessible to consumers. The move comes at a time when the automotive industry is navigating high input costs, subdued demand in certain segments, and intense competition. By revising prices downward, Tata Motors aims to consolidate its market position, stimulate sales momentum ahead of the festive season, and appeal to value-conscious buyers who have been deterred by rising vehicle ownership costs.

Apple Inc. has recorded a historic milestone in India, with sales reaching $9 billion, driven by robust demand for iPhones, services, and accessories. This surge comes as the company gears up for the highly anticipated iPhone 17 launch, reflecting Apple’s growing footprint in one of the world’s fastest-growing smartphone markets. Analysts attribute the growth to strong brand loyalty, expansion of retail and online channels, and localized strategies including manufacturing partnerships under India’s production-linked incentive (PLI) scheme.

Usha Shriram, a household name in India’s consumer durables sector, has made a strategic foray into the fast-moving consumer goods (FMCG) space with the launch of packaged drinking water. The move marks a significant diversification for the company, which has long been associated with home appliances, lighting solutions, and lifestyle products. By entering the packaged water segment, Usha Shriram aims to capitalize on rising consumer demand for safe, reliable, and branded hydration solutions.