HCL Tech to build Brazil's first cross-platform eSIM transfer

HCL Technologies has been selected by Brazilian telecommunications company TIM Brasil to enable South America's first cross-platform eSIM transfer capability. The digital innovation will enhance mobile telephony experience for millions of users across Brazil by giving them greater flexibility in how they use and switch devices and accelerating the adoption of next-generation mobile services across the region, according to a release.

Reliance Retail launched AJIO Beauty platform to strengthen its presence in the fast-growing beauty and personal care segment as part of its broader fashion and lifestyle ecosystem. The new platform combines the fashion-first digital reach of AJIO with the beauty expertise of Tira, the company's omnichannel beauty venture, to create what it described as a one-stop destination for skincare, makeup, haircare, fragrances, bath and personal care products. Reliance Retail is a subsidiary of Reliance Retail Ventures Limited (RRVL), the holding company of all the retail companies under the Reliance Industries group.

Vedanta Oil and Gas Limited (formerly known as Malco Energy Limited) gave an update regarding an adverse legal development in the Delhi High Court concerning the extension of the company's Production Sharing Contract (PSC) for the CB/OS-2 offshore block. The single bench of the Delhi High Court dismissed the writ petition filed by Vedanta Limited challenging the Government's non-extension decision. The company is currently evaluating the overall financial and operational implications arising from the court judgment.

Sona BLW Precision Forgings Ltd signed definitive agreements with Denso Corporation, Japan, to establish two joint ventures to develop, design, manufacture and market advanced electric and hybrid powertrain systems across multiple vehicle segments. Denso, a global leader in automotive technology and Sona Comstar, India's leading innovator in EV components are joining forces. By combining Denso's technology leadership in electrification, advanced product engineering and R&D capabilities with Sona Comstar's proven engineering excellence, cost-competitive manufacturing, agile delivery and deep understanding of the Indian automotive ecosystem, the partners aim to build scalable and cost-efficient powertrain systems.

The board of HFCL approved setting up a data centre connectivity products manufacturing facility with an investment of Rs 215 crore. The facility will manufacture advanced data centre connectivity products, including Miniature Multi-Fiber (MMC) and Super High-Density Multi-Fiber Termination (SNMT) assemblies, which are widely used in high-speed data centre and AI infrastructure. The proposed facility is expected to be commissioned by September 2027.

Rubicon Research acquired a manufacturing facility in East Brunswick, New Jersey, US, from InvaTech Pharma Solutions, LLC (InvaTech) at an enterprise value of $2.9 million. As part of the transaction, Rubicon took over the facility including the lease and all equipment, records and permits associated with the site on July 21, 2026. This acquisition gives the company a US manufacturing footprint that is about the same size as its facility at Satara and does not include any product approvals or filings. This site will focus on the company's specialty and high value products as well as demand from US government departments. It expects to commence manufacturing its products at the site in calendar year 2027 after completing implementation of its quality management systems.

Mahindra Lifespace Developers Ltd. (MLDL), the real estate and infrastructure development arm of the Mahindra Group, through its joint venture company, Mahindra Industrial Park Chennai Limited (MIPCL), announced the execution of a Second Supplemental Agreement between Sumitomo Corporation, Japan and Mahindra World City Developers Limited (MWCDL). This agreement is for the expansion of Origins by Mahindra in Chennai with the development of Phase 2B. The combined area across all phases stands at ~540 acres. Building on the strong interest shown by Japanese manufacturers in establishing operations in India, the expansion is expected to support the next wave of global and domestic investments. This will reinforce Chennai's position as a preferred industrial and logistics hub.

Signatureglobal Homes Limited (SGHL), a wholly owned subsidiary of Signatureglobal (India) Ltd, acquired saleable area admeasuring 0.38 million square feet in project Signature Global Sarvam at DXP Estate at Sector-37D, Dwarka Expressway, Gurugram, Haryana, for a one-time lump-sum consideration. The acquired saleable area, which was earlier under a collaboration arrangement, forms part of a larger land parcel aggregating 13.56 acres and pertains to a project that has already been launched by SGHL.

Saatvik Green Energy Limited's material subsidiary, Saatvik Solar Industries Private Limited, received and accepted an order aggregating to Rs 138 crore from one renowned Independent Power producer/EPC Player for the supply of Solar PV Modules.

Jeena Sikho Lifecare Ltd, a leading player in the Ayurvedic healthcare sector, announced plans to expand its footprint in Eastern India with the establishment of a new hospital facility at Kalyani, District Nadia, West Bengal. Accordingly, to build and operationalise the new Kalyani hospital unit, Jeena Sikho Lifecare estimates a total capital outlay of approximately Rs 1.30 Crores. The company confirmed that the entire project will be funded internally through owned funds, requiring no external debt or additional leveraged financing.

Innovision received a Letter of Award (LoA) / work order engagement worth around Rs 97.53 crore from National Highways Authority of India (NHAI). The work order engagement is of user fee collection agency for Biratiya Kalan Fee Plaza at Bar-Bilara-Jodhpur Section of NH-112 under NHDP Phase-IV in the state of Rajasthan on EPC mode and upkeep/ maintenance of adjacent Toilet blocks including recouping the consumable items. The order is for a period of one year.

Trishakti Industries Ltd announced its strategic expansion into the UAE (United Arab Emirates) and KSA (Kingdom of Saudi Arabia), marking a defining milestone in the Company's long-term vision of building an internationally recognised heavy equipment rental platform.