From Samvardhana Motherson International’s proposed acquisition of a controlling stake in Shenzhen Autocruis Technology to the Delhi PWD cancelling Ce…
1/7Samvardhana Motherson International | The firm will acquire a controlling stake in Shenzhen Autocruis Technology Co. Ltd through its indirect wholly owned subsidiary SMR Automotive (Langfang) Co. Ltd. The acquisition will involve a primary capital increase through subscription to fresh equity of CNY 153.3 million, equivalent to approximately $22.6 million, for a 64.76% equity stake in Shenzhen Autocruis on a fully diluted basis, according to the company’s exchange filing.
2/7NELCO Ltd | The satellite services firm of the Tata Group said it has entered into agreements with Lunar Holdco, Inc. for an investment of $20 million through subscription to Compulsorily Convertible Debentures (CCDs).
3/7DCX Systems Ltd | Manufacturer of cables and wire harness assemblies said it has received purchase orders worth approximately ₹15.19 crore from its customers in the normal course of business. The orders cover the manufacture and supply of cable and wire harness assemblies and comprise both domestic and export orders.
4/7Ceigall India Ltd | Infrastructure company said the Delhi government’s Public Works Department has cancelled a tender worth ₹330.84 crore, including GST, for strengthening and other works on various roads under the South Maintenance Zone during 2026-27.
5/7Wipro, PCBL Chemical, Syrma SGS | The Indian government has approved 31 investment proposals worth ₹7,877 crore under the Electronics Component Manufacturing Scheme (ECMS), with the approved investments expected to generate production worth ₹82,243 crore. Among the latest approvals, Wipro Global Engineering has received approval for an investment of ₹1,401 crore, while Micromax Precision Moulding has been approved for ₹565 crore. PCBL Chemical, part of the RP Sanjiv Goenka Group, has received approval for an investment of ₹329 crore, while Minda Instrument has been approved for ₹270 crore.
6/7PVR INOX/Real estate firms | Delhi is ending the old maze of multiple NOCs for cinema halls and multiplexes, with the government notifying a new Standard Operating Procedure (SOP) that introduces a single-window, fully online licensing system. Under the new system announced on Monday, August 17, applications for cinema halls and multiplexes will be processed through the e-District portal.
7/7Bharti Airtel | Airtel Payments Bank has announced a leadership transition, with Sunil Bharti Mittal set to conclude his tenure as Non-Executive Chairman and step down from the Board effective September 30, 2026. Shabnam Sinha will assume the role of Chairperson for a three-year term beginning October 1, 2026, following her appointment by the Board and approval by the Reserve Bank of India (RBI).
