Tata Steel has completed a major share acquisition, purchasing equity worth $625.75 million in Tata Steel Holdings Pte Ltd. The share purchase represents a considerable financial commitment by the company, with the total investment value reaching $625.75 million. The acquisition involves shares in TSHP, though specific details about the percentage stake acquired or the strategic rationale behind the investment, have not been disclosed.
Tata Chemicals board of directors has approved an investment of ₹515 crore for establishing a new greenfield manufacturing facility for Iodised Vacuum Salt Dried (IVSD) production. The facility will be located at Valinokkam in Ramnathapuram district, Tamil Nadu.
The board of PB Fintech will meet on February 5 to consider fundraising via QIP, with the proceeds earmarked for inorganic growth opportunities.
Indian textile and apparel stocks Gokaldas Exports Ltd., Welspun Living Ltd., KPR Mill Ltd., Indo Count Industries Ltd., among others, which were the worst hit by the US imposing a 50% tariff on Indian exports, will be in focus on Tuesday, after India and the US agreed to a trade deal late Monday night.
Vedanta Aluminum has received land allotment of over 1,447 acres from Odisha for its proposed project in Dhenkanal district.
Unichem Laboratories has informed the exchanges that the United States Food and Drug Administration (USFDA) inspection at its Kolhapur API facility from January 27 to February 2 closed with five observations, which were largely procedural in nature, and none were related to data integrity.
Brigade Hotel Ventures has signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu, committing an investment of Rs 1,100 crore in Chennai. As part of this initiative, the company will add over 500 new keys across three properties in Chennai, including Courtyard by Marriott at Chennai World Trade Center, Grand Hyatt Chennai ECR, and JW Marriott Chennai OMR. Brigade Group has already acquired land for these projects to develop hospitality destinations in Chennai.
Union Bank of India on Monday announced a partnership with C2FO Factoring Solution on the Trade Receivables Discounting System (TReDS) front. The tie-up will help the lender strengthen its digital supply chain finance and enhance liquidity access for small and big businesses.
Nexus Select Trust, a real estate investment trust (REIT) backed by rented retail spaces, on Monday announced a distribution of Rs 358.60 crore to its unitholders for the quarter ended December 2025. According to a regulatory filing, the company reported a consolidated net profit of Rs 139.40 crore in the October-December period, against Rs 114.73 crore in the year-ago period.\
IRB Infrastructure and Developers (IRB) on Monday said it has completed the acquisition of Gandeva Ena (VM7) HAM highway assets worth about Rs 1,200 crore. The acquisition has been made through the company-sponsored IRB InvIT Fund.
Bharat Forge, a wholly-owned step-down subsidiary JS Auto Cast Foundry India (JSA), has received a Rs 300-crore equity infusion from the Family Office of Azim Premji, Premji Invest, for capacity expansion and acquisitions. Post-fund infusion, as part of the deal, Premji Invest will hold a 23 per cent stake on a fully diluted basis in the company, which is a supplier of critical ferrous castings for industrial and automotive applications, JSA said.
Published on February 3, 2026