Mega cap
TCS lands Elopak IT deal, value undisclosed as routine
The Norwegian packaging deal is strategically positive but financially invisible. For a company with over US$30B in revenue, it's a rounding error.
Tata Capital board clears ₹36,000 cr NCD plan, a quarter of its market cap
The NBFC seeks shareholder approval for one of its largest single debt raises, at 25% of ₹144,113 crore market cap. Funds likely for expansion or refinancing.
Bharat Forge's KSSL unveils Simha 4x4 at Eurosatory, no order attached
The armoured vehicle launch with Paramount is a genuine new product. But for a ₹97,195 cr company, it's a credential builder without immediate financial impact.
Wipro launches Claude AI hub, plans to certify 10,000 experts
The new centre will embed Claude across delivery and industry platforms, targeting mortgage, healthcare, and airlines. No revenue targets or deal values disclosed.
Adani Ports locks in $100M tech upgrade with Kaleris
The expanded partnership is a routine technology upgrade for a ₹4.16 lakh crore giant, not a deal that moves the needle.
TCS pays final $70M to close DXC lawsuit
US Supreme Court denies certiorari, ending a long-running dispute. The incremental expense hits Q1 FY27, but total provision of $220M is just 0.73% of annual revenue.
Adani Enterprises, Jabil tie up to make AI hardware in India
Non-binding pact targets multi-gigawatt-scale manufacturing of AI racks, servers and cooling systems for global hyperscalers.
HCLTech invests ₹1,427 cr for 10.46% in sovereign AI startup Sarvam AI
The investment gives HCL a toehold in frontier AI models built in India, but at just 0.47% of its market cap, it is a strategic bet, not a financial needle-mover.
Bharat Forge unveils MArG artillery gun at Eurosatory, no order yet
KSSL's new 155mm mounted gun series offers three calibre options, but the launch lacks any disclosed order value or near-term financial impact for the ₹96,086 cr company.
Dr. Reddy's launches first generic Bosulif analogue with 180-day US exclusivity
The generic Bosutinib 400mg, equivalent to Pfizer's $254M brand, hits the US market. A win for Dr. Reddy's first-to-file strategy, but not a needle-mover for a ₹1,06,454 cr behemoth.
JSW Energy buys 300 MW thermal plant for ₹1,410 cr
The Korba asset is operational, comes with a long-term PPA and fuel supply, and is estimated to add ₹279 cr EBITDA in FY26.
Adani Energy promoters lift stake to 74.29%, add new entity
The promoter group spent three months accumulating shares, with Ardour Investment Holding a new entrant buying the largest chunk. The move signals confidence but at 2.12 percentage points it is modest for a ₹179,766 crore utility.
Nestlé fights Maggi insect claim with lab tests, stock drops 3%
FSSAI notice based on unverified social media complaint. Nestlé rejects allegation and submits independent lab proof, but the market is wary given Maggi's 2015 ban history.
JSW Energy switches on 150 MW Tidong hydro project early
The 150 MW addition adds just 1.1% to capacity and was already telegraphed, making it a routine milestone for a company of its size.
BHEL gets one-notch rating upgrade to CARE AA/Stable
CARE lifts BHEL's long-term rating from AA- to AA on stronger profitability and order book. But for a ₹1,30,299 cr PSU, this is a modest, widely expected move.
AdaniConneX buys shell firm for ₹765 cr in data centre push
AdaniConneX acquires Madhuvanti Build Estate, a shell with land and licenses, for less than 0.2% of Adani Enterprises' market cap. Routine move.
Cipla's Goa plant clears USFDA inspection with best-possible outcome
A VAI classification means Cipla has addressed all observations from its April 2026 inspection, averting a Warning Letter or OAI.
TCS partners with Anthropic, will deploy Claude to 50,000 staff
The IT major becomes a global premier partner in Anthropic's network. No financial terms disclosed for a partnership that will build a dedicated AI business unit.
Tata Capital's chief risk officer exits, immediate successor named
The ₹136,000 crore NBFC filled the key risk role the same day with a 24-year veteran. The exit was amicable.
Reliance lands Meta's first custom data centre in India
The 168 MW Jamnagar facility, to be delivered within two years, gives Meta its first built-to-suit AI capacity in India.
Bombay High Court throws out ₹8,414 cr DoT demand on Airtel
A decade-old contingent liability is gone. The court set aside the entire one-time spectrum charge, including ₹473.7 crore tied to subsidiary Bharti Hexacom.
Adani Energy picks up Intellismart for ₹3,050 cr in cash
The binding deal adds 4.7 crore smart meters to Adani's portfolio, marking a material push into a government-backed segment at 10.8% of its annual revenue.
Rajiv Bajaj exits Bajaj Finserv board, points to Bajaj Auto duties
The promoter-family director will not seek re-election at the AGM. His focus shifts to integrating Bajaj Auto's new subsidiaries and the KTM acquisition.
Vodafone Idea wins ₹2,113 crore spectrum charge fight
Bombay High Court quashed a 2012 demand for spectrum charges and ordered the return of bank guarantees.
Grasim will spend ₹3,094 cr to triple its Lyocell fibre capacity by 2030
The board approved two new 55,000-tonne lines at Harihar, taking total Lyocell capacity to 210,000 tonnes. The investment is 1.5% of market cap and won't hit earnings for years.