From Kalyani Strategic Systems’ partnership with FN Herstal to build small arms and counter-UAS capabilities in India to Sterlite Technologies’ ₹3,000…
UltraTech Cement | Aditya Birla Group has entered India’s wires and cables market with an investment of ₹1,800 crore, launching the business under the Ultravolt brand through its cement arm UltraTech Cement.
Bharat Forge Ltd | Auto components major said its wholly owned subsidiary Kalyani Strategic Systems Ltd (KSSL) has partnered with FN Herstal to build small arms and counter-unmanned aerial system (C-UAS) capabilities in India.
HDFC Bank | The bank has raised close to $12 billion through Foreign Currency Non-Resident (Bank) [FCNR-B] deposits under the Reserve Bank of India’s concessional swap window, according to sources. “The bank has garnered $11.5 billion to $12 billion from the FCNR-Bs under RBI’s concessional swap facility,” sources told CNBC-TV18.
Sterlite Technologies | Broadband technology company said it has approved a ₹3,000 crore capital expenditure (capex) plan to expand capacity at its existing manufacturing facility.
Gland Pharma | A ₹2,279.50 crore block deal has been launched in Hyderabad-based pharmaceutical company Gland Pharma Ltd on Thursday (September 3), with Fosun Pharma as the seller, sources said.
Ramco Systems | The firm has signed a memorandum of understanding with Safran Helicopter Engines to automate the flow of engine information into Ramco’s aviation maintenance software. The collaboration is aimed at reducing the manual work helicopter operators currently need to do when updating engine information after maintenance and shop visits.
RBL Bank Ltd | Private sector lender on Thursday (September 3) said it has received a show-cause notice dated September 2, 2026, under Section 73 of the Goods and Services Tax Act, 2017, proposing a GST demand aggregating to ₹164.14 crore, including applicable interest and penalty.
CreditAccess Grameen Ltd | Microfinance lender said it has successfully raised ₹300 crore through a private placement of non-convertible debentures (NCDs). The issue was fully subscribed and bilaterally placed with Barclays Bank PLC, a qualified institutional buyer.
