CG Power flags cyber breach; Shilpa recalls US vials

CG Power and Industrial Solutions said Tuesday it detected a suspected cyber event on its IT systems, though core operations were not affected. The company has notified the Indian Computer Emergency Response Team (CERT-In) and engaged internal and external cybersecurity specialists to investigate and remediate.

The disclosure adds to a growing scrutiny of cyber risks in India's industrial sector. CG Power's statement stressed that manufacturing and core systems remained operational, but the incident will test investor confidence in the company's IT governance. The stock fell 2.3% in Tuesday's trade before paring losses.

Shilpa Medicare initiated a voluntary recall of 27,923 vials of Pemetrexed Injection in the United States due to atypical discolouration of the drug product. The recall covers four batches – two each of the 100 mg/10 mL and 500 mg/50 mL strengths – and was initiated July 29 at retail and hospital levels. The affected vials include 18,434 10 mL units and 9,489 50 mL units. The company said it does not expect a material financial impact.

Manipal Health Enterprises signed a Business Transfer Agreement to acquire 100-bed Kinder Women's Hospital in Bengaluru for ₹130 crore in cash. The deal covers Kindorama Healthcare's entire operations and assets in Doddanekundi, Whitefield. No shares are being acquired. The transaction is expected to close within 90 days, subject to statutory approvals.

ONGC commissioned gas evacuation facilities at Khoraghat GGS-1 in Assam's Golaghat district. The facility connects surplus associated gas from the Upper Assam Shelf to the North East Gas Grid (NEGG), developed by Indradhanush Gas Grid Limited. ONGC said the link will allow use of roughly 1 lakh standard cubic metres of gas per day from its Jorhat asset.