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Pace Digitek Limited has received a Letter of Intent (LOI) from BSES Rajdhani Power Limited (BRPL) for a 57.5 MW / 115 MWh Battery Energy Storage System (BESS) project in Delhi. The project, valued at approximately ₹179.4 crore (Rs. 1,794 Million), will be developed under a 12-year Build, Own, Operate and Transfer (BOOT) model and is expected to be executed within seven months. This marks Pace Digitek's fifth major utility-scale BOO/BOOT storage project, increasing its utility-scale BOO/BOOT portfolio to 3.32 GWh. The company will receive a fixed capacity tariff of ₹47.05 lakh per MW per year, resulting in annual contracted revenue of ₹27.1 crore. This award strengthens Pace Digitek's integrated energy storage platform and its position in India's growing energy storage market.

Pankaj Polymers Limited has partnered with SIS India Limited to offer an advanced technology-driven Expense Management System (EMS) through its Rupiafin platform. This collaboration aims to digitize and streamline expense submission, approvals, policy compliance, reimbursements, and reporting for SIS. The solution is designed to enhance visibility and control over organizational spending, reduce manual processes, and improve compliance. This move strengthens Pankaj Polymers' position in the B2B fintech and expense management sector, aligning with its strategic shift towards a technology-led business model.

Hexaware Technologies has entered into a multi-year partnership with Anthropic, becoming a Preferred Partner in Anthropic's Claude Partner Network. This collaboration integrates Anthropic's Claude AI model into Hexaware's AI-native platforms, Zerovity™ and AgentVerse™. The partnership aims to deliver outcome-based AI services for enterprises, focusing on IT operations and software engineering. Hexaware, with over 1,100 Claude-certified professionals, will collaborate with Anthropic on go-to-market strategies, joint solution development, and customer deployments. Clients can leverage this alliance by focusing on business outcomes or directly connecting their development tools to Hexaware's Zerovity™ platform.

Pace Digitek Limited has received a Letter of Intent (LOI) from BSES Rajdhani Power Limited for a Battery Energy Storage System (BESS) project. The LOI aggregates to Rs. 1,794 Million (₹179.4 Crore) and covers the design, supply, testing, installation, commissioning, operation, and maintenance of BESS with an aggregate contracted capacity of 57.5 MW/115 MWh. The project is to be executed at four grid station locations of BRPL for on-demand basis operation. The commissioning date is stipulated to be twenty-eight (28) weeks from the Effective Date of the BESSA. Neither the promoter nor group companies have any interest in BSES Rajdhani Power Limited, and the contract does not fall under related party transactions.

IKIO Technologies Ltd announced that its step-down subsidiary, Royalux FZCO, UAE, has entered into a Vendor Exclusivity Undertaking with Danube Home LLC, Dubai. Under this agreement, Royalux FZCO will provide installation, fit-out, landscaping, and décor services. The parties aim to achieve a target business value of AED 2,000,000 (approximately ₹45,000,000) during the one-year term of the undertaking. This arrangement is non-binding on the target business value and focuses on exclusivity for project-related opportunities introduced by Danube Home LLC.

AdCounty Media India Ltd has announced a strategic collaboration with global media giant Dailymotion to introduce Dailymotion's advanced video advertising solutions and AI-driven technologies to the Indian market. This partnership will provide Indian brands and agencies access to Dailymotion's advertising capabilities, powered by its AI technology 'Ray' and 'Audience Path' platform. Ray offers integrated audience intelligence, creative optimization, campaign activation, and measurement using Dailymotion's proprietary video data. Audience Path aims to help advertisers navigate fragmented media environments by translating various signals into actionable audience intelligence. Dailymotion's global ecosystem reaches over 400 million visitors monthly across 191 countries, offering video campaigns on multiple devices and platforms. This collaboration aims to enhance video marketing by combining high-quality video content, audience data, and AI for more informed and measurable decision-making.

Mangalore Refinery and Petrochemicals Ltd (MRPL) has announced the incorporation of ONGC Petrochemicals Marketing Limited (OPML) as a joint venture. OPML, a public limited company, will focus on integrated marketing and trading of petrochemicals and chemicals. MRPL holds a 25% stake in the JV, with ONGC holding 50% and OPaL holding 25%. The incorporation aims to create a unified, market-facing platform for the ONGC Group's petrochemical products. MRPL's investment is ₹12.5 crore for 1,25,00,000 equity shares at face value, reflecting an arm's-length transaction. Department of Investment and Public Asset Management approval was secured.

Cryogenic Ogs Ltd has received an enlistment approval from Abu Dhabi National Oil Company (ADNOC) for Industrial Strainers (Category Code: 160765). This approval designates the company as an approved vendor (Manufacturer ID Code: 20037655), allowing it to participate in ADNOC's tenders and business opportunities. The company expects this to enhance its international market presence and support business development in this category. This is a significant step for Cryogenic Ogs in expanding its global footprint.

Oil and Natural Gas Corporation Ltd (ONGC) has announced the incorporation of its Joint Venture Company, ONGC Petrochemicals Marketing Limited (OPML), on October 7, 2026. OPML, a public limited company, will focus on the integrated marketing and trading of petrochemicals and chemicals. ONGC holds a 50% stake, with Mangalore Refinery and Petrochemicals Limited (MRPL) and ONGC Petro additions Limited (OPaL) holding 25% each. The company has an authorized and subscribed share capital of ₹50 crore. This move aligns with ONGC's downstream and petrochemicals business, aiming to create a unified market-facing platform for the ONGC Group's petrochemical products. The incorporation received approval from the Department of Investment and Public Asset Management.

EMS Limited has received a Letter of Award (LOA) from the Municipal Corporation Jodhpur for a Sewerage Work project under Amrut 2.0. The estimated order value, including GST but excluding O&M, is Rs. 12,980.13 lakhs (₹129.80 Crore). The scope of work involves laying new sewer lines, redesigning and rejuvenating existing ones, and includes a 1-year defect liability period with 10 years of O&M. The project is to be executed within 24 months. This award follows EMS Ltd's previous intimation of being the Lowest Bidder (L-1) for this tender.