Greaves Cotton announced the following change in the board of directors and key management personnel of the company:

Parag Satpute will assume the role of Managing Director & Group CEO of the Company, responsible for Greaves Engineering, Greaves Retail, Excel Controlinkage and Greaves Technologies effective from today i.e., 14 April 2025.

Dr. Arup Basu's resignation as Managing Director of the Company will be effective from the close of business hours on 14 April 2025 and his role as CEO of Greaves Engineering will cease on 09 May 2025. Dr. Arup Basu's employment contract will come to an end on the close of business hours of 09 May 2025.

Indian Hotels Co has increased its footprint with 100 new locations, with 74 signings and 26 openings in FY2025, taking its portfolio to 380 hotels.

 Suma Venkatesh, Executive Vice President - Real Estate & Development, IHCL said, “IHCL in the last fiscal year has clocked a record 74 signings resulting in an industry leading pipeline of 137 hotels. This was enabled by IHCL's strong brand presence across market segments coupled with the sustained demand buoyancy. In alignment with our strategic roadmap Accelerate 2030, a significant share of the signings were in Gateway and Ginger brands, reflective of the fast growing Upscale and Midscale segments in India. This year, we continued to build scale in each of the brands with Ginger crossing a 100-hotel portfolio and Vivanta reaching the 50+ hotel mark.”

She added, “In line with our strategy of growing with the Taj brand in key international markets, we forayed in the cities of Bahrain and Ras Al Khaimah in the Middle East with over 800 keys, strengthening our footprint in the region.”

Deepika Rao, Executive Vice President – Hotel Openings & New Businesses, IHCL added, “IHCL opened 26 new hotels in FY25, with Ginger leading the way with 9 hotels across diverse markets including commercial centres of Nagpur and Coimbatore, industrial townships like Jamshedpur, leisure destinations like Srinagar, Udaipur and Diu as well as in state capitals of New Delhi and Goa.

She added, “Building on its legacy, IHCL pioneered new tourism destinations with SeleQtions and Gateway hotels in Diu and expanded its presence in spiritual destinations with a Taj resort in Puri. Undertaking select investments, we opened a 111 key Taj hotel at Cochin International Airport and forayed with Taj brand in state capitals of Dehradun and Patna. Across these 26 new hotel openings, IHCL created over 2,500 direct jobs contributing to local economies and livelihoods.”

IHCL is well poised to achieve its goal of a 700-hotel portfolio under its strategy - Accelerate 2030.

Godrej Industries has completed the acquisition of food additives business of Savannah Surfactants. As a leading player in oleochemicals, surfactants, specialities and biotech sectors, this transaction will help the company expand its product offerings to the food & beverages Industry globally.

Vishal Sharma, Executive Director and Chief Executive Officer, Godrej Industries (Chemicals) said,” We are glad to have completed this transaction at the start of the fiscal year. This acquisition is in line with our vision and strategy to grow in a profitable and sustainable manner. The Savannah business will be part of our Speciality chemicals sector. The addition of this Food Additives Business will expand our speciality offerings and build a larger speciality business going forward.”

HCL Technologies (HCLTech) has been named a Leader in the Everest Group's AWS Services PEAK Matrix® 2024 assessment. This recognition underscores HCLTech's leadership in delivering advanced AWS cloud services and its commitment to innovation and client success.

HCLTech has bolstered its AWS practice through strategic initiatives, focusing on migration, modernization and automation services. With expertise in technologies like AI/ML and cloud native architectures, HCLTech is transforming the cloud journey for enterprises in key industries such as BFSI, healthcare, telecom and manufacturing.

Ahluwalia Contracts (India) has secured a housing project worth Rs 396.50 crore from Godrej Properties. The order entails core and shell works of Sub & Super Structure for all the Towers (T1,T2,T3 & T4) including NTA, Club & Retail, Boundary Wall, RWH, Waterproofing & LPS Works at Godrej Riverine, Sector-44, Noida, Uttar Pradesh.

Cyient has been awarded a strategic contract to support Green H Bodø in the development and execution of its hydrogen production and distribution facility at Langstranda in Bodø, Norway. The project is part of a joint venture between GreenH and Luxcara.

GreenH is a Norwegian company that develops infrastructure for the production and distribution of green hydrogen from renewable energy. Luxcara is an independent asset manager based in Hamburg, Germany, focused on fostering renewable energy projects in Europe.

The Bodø project represents a major step in advancing Norway's renewable energy ambitions, focusing on delivering green hydrogen to the maritime sector and heavy transport industries. The hydrogen facility will supply green hydrogen fuel under a long-term agreement with Torghatten Nord AS, fuelling the Vestfjorden ferries - a cornerstone project in Norway's green energy transformation for the maritime sector. As civil construction began in the fall of 2024, this partnership marks a significant milestone in delivering an innovative and sustainable energy solution.

Cyient's scope of work includes providing comprehensive owner's engineering and detailed plant engineering services. Cyient will leverage its extensive experience in green and renewable energy engineering including green hydrogen towards optimizing project delivery and enhancing efficiency through the lifecycle of this momentous project.

In a significant development, the Lodha brothers ¡ª elder brother, Abhishek Lodha and younger brother, Abhinandan Lodha ¡ª and the companies led by them, have amicably resolved all outstanding disputes under the guidance of their parents.

The following has been agreed and confirmed by the parties:

¡ñ Macrotech Developers  (MDL), is the owner of, and has the exclusive right to use, the brand names ¡®Lodha¡¯ and ¡®Lodha Group¡¯.

¡ñ  Abhinandan Lodha, is the owner of, and has the exclusive right to use the brand name ¡®House of Abhinandan Lodha¡¯ (HoABL).

¡ñ ¡®Lodha Group¡¯ and ¡®House of Abhinandan Lodha¡¯ have no connection with each other. Both entities will communicate this widely.

Both Abhishek and Abhinandan express their heartfelt gratitude to Hon¡¯ble Justice R.V. Raveendran (Retd.), whose guidance in the mediation process was invaluable. The family is grateful to the Hon¡¯ble Justice Arif Doctor for encouraging them to follow the process of mediation. They also extend their sincere appreciation to all family elders and well-wishers who provided their counsel and support throughout the resolution process.

¡ñ Abhinandan has no rights or claims in Lodha Group or MDL or other businesses of Abhishek. Abhishek has no rights or claims in HoABL or other businesses of Abhinandan.

Interarch Building Solutions has been honoured with two major recognitions at the 16th CIDC Vishwakarma Awards. The company won the award for Best Pre-Engineered Building (Steel & Pre-Cast) for designing, manufacturing and executing a technically complex paint manufacturing facility for Grasim Industries (Birla Opus Paint) in Panipat, Haryana.

Additionally, Interarch's CEO, Manish Garg, was presented with the Industry Captain Award, one of the highest individual honours in the construction and infrastructure sector.

The awarded project in Panipat stands out for its scale, complexity, and seamless delivery. Built for Grasim Industries (Birla Opus Paint), it reflects Interarch's expertise in engineering precision, speed, and structural excellence for next-generation manufacturing facilities.

Aditya Birla Capital has allotted 88,738 equity shares under ESOP on 14 April 2025. Consequent to the allotment, the paid up equity share capital has increased to Rs 26,07,09,95,600 (i.e. 2,60,70,99,560 equity shares of face value Rs 10/- each).