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Emerald Finance Limited has partnered with Urmil Communication Pvt. Ltd., Delhi, to launch an Early-Wage-Access program for its employees. This initiative provides instant financial relief by allowing employees to access earned salaries throughout the month. The move aligns with Emerald's vision to expand retail-focused salary advance solutions.
Godawari Power and Ispat's subsidiary, GNEPL, signed a supply agreement with Roche Energy (China) for BESS components. Roche Energy will supply the Balance of System for a 5 MWh DC Block for GNEPL's 20 GWH battery storage plant in Maharashtra. This partnership secures a stable supply chain for the company's entry into BESS manufacturing.
Krishna Institute of Medical Sciences Limited (KIMS) entered into a strategic clinical collaboration with Dakshayani Healthcare Services (Renova). This non-commercial partnership focuses on sharing oncology expertise and protocols to enhance healthcare delivery standards and patient outcomes across India.
Dynamic Cables Limited entered a strategic manufacturing agreement with TS Conductor Corp, USA. The company will manufacture high-efficiency HTLS Carbon Core Conductors at its Indian facility using patented technology. This alliance enables entry into high-growth power transmission markets including Power Grid and Railways.
Dynamatic Technologies' division, Dynauton Systems, signed an MoU with Germany's Aerodata AG to co-develop the AeroForce X unmanned reconnaissance platform for India. This strategic collaboration combines Aerodata's mission system expertise with Dynauton's manufacturing capabilities to target ISR requirements in the Himalayas and Indian Ocean region.
Valencia Nutrition Ltd entered a strategic sales collaboration with Awfis Space Solutions Ltd to distribute its Vitabev beverage portfolio across Awfis's coworking centers. Initial orders cover 20 Mumbai centers, with plans to expand across 243+ locations nationally. This partnership leverages India's growing coworking ecosystem to drive high-frequency urban consumption.
Bengal Tea & Fabrics Limited has signed an MOU with Mcleod Russell India Limited to acquire the Nya Gogra Tea Estate in Assam for approximately ₹45 Crore. The cash-based transaction is expected to conclude by May 15, 2026, aimed at enhancing production and profitability.
Infosys has announced a strategic collaboration with OpenAI to accelerate enterprise AI transformation. The partnership combines OpenAI's frontier models and Codex with Infosys Topaz Fabric to modernize software development and engineering workflows. This collaboration aims to help global clients move from AI experimentation to scalable, responsible deployment and measurable business outcomes.
Tipco Engineering India Limited entered a strategic collaboration with Germany's LexaMix to manufacture specialized machinery for cosmetics, pharmaceutical, and food processing industries. Tipco will manufacture process machinery for LexaMix, targeting markets in Europe, South America, the Middle East, and India. This alliance positions Tipco as a global manufacturing partner and strengthens its export business.
Larsen & Toubro subsidiary LTEGL entered a long-term partnership with Japan's ITOCHU Corporation. LTEGL will supply 300,000 tonnes of green ammonia annually from its proposed Kandla facility on a take-or-pay basis. The agreement supports ITOCHU's bunkering operations in Singapore and aligns with India's National Green Hydrogen Mission.
Unicommerce eSolutions Ltd has partnered with Relaxo Footwears Limited to power the latter's e-commerce operations. Relaxo will adopt Unicommerce's Uniware platform to streamline multi-channel order management, inventory, and warehouse operations. This collaboration aims to enhance Relaxo's digital supply chain efficiency and post-purchase customer experience.
Exhicon Events Media Solutions signed a Term Sheet for a strategic partnership at MMLP Indore. The deal includes upfront revenue from design and construction via its subsidiary and long-term annuity income through a 10-year O&M agreement. The project features an asset-light model with revenue sharing of 35% for years 1-3 and 30% thereafter.
Motisons Jewellers Limited entered into an MoU with Moti Developers to develop a new jewellery showroom in Udaipur, Rajasthan. Moti Developers will construct the premises and lease them to the company upon completion. This related-party transaction, conducted at arm's length, supports Motisons' retail expansion strategy in the 'City of Lakes'.
Karnataka Bank has entered into a strategic partnership with Pine Labs Limited to offer advanced Point-of-Sale (PoS) solutions. This collaboration aims to strengthen digital payment options for the bank's Retail and MSME customers across its nationwide branch network, aligning with its 'Digital Bank of the Future' vision.
Maxvolt Energy Industries Limited signed an MoU with FITT, IIT Delhi, to enhance R&D in battery and energy storage technologies. The collaboration focuses on developing and validating battery systems and BMS hardware/software. Intellectual property generated under funded projects will be assigned to Maxvolt, strengthening its technical capabilities.
Engineers India Ltd has entered into a tripartite agreement effective April 20, 2026, with KFin Technologies Limited and Alankit Assignments Limited. This agreement formalizes the transition of Registrar and Share Transfer Agent (RTA) services, with Alankit Assignments Limited serving as the new RTA effective from January 24, 2020.
Hyundai Motor Company and TVS Motor Company executed a Joint Development Agreement to co-develop eco-friendly electric three-wheelers for India. While imposing non-compete restrictions on Hyundai Motor India Limited, the agreement leverages complementary expertise in design and manufacturing. TVS will lead procurement and distribution for the new vehicle range.
Hyundai Motor Company (HMC) formalized a Joint Development Agreement with TVS Motor Company to develop electric three-wheelers for India. HMC will lead concept design and joint development, while TVS handles manufacturing and distribution. The partnership aims to leverage complementary expertise in eco-friendly mobility solutions without impacting Hyundai Motor India Ltd's management.
Intellect Design Arena Ltd has entered into a strategic partnership with Canada-based Khalsa Credit Union (KCU). KCU will adopt Intellect's AI-first eMACH.ai Digital Engagement Platform to modernize its digital banking capabilities across mobile and online channels. This collaboration aims to enhance member experience and operational agility for the British Columbia-based credit union.
Tata Steel partnered with SMS Group to deploy the world's first EASyMelt decarbonisation technology at its Jamshedpur Works. The project aims to reduce CO2 emissions by over 50% at the 'E' Blast Furnace. This initiative supports Tata Steel's target of achieving net zero emissions by 2045 through innovative low-carbon steelmaking solutions.
RateGain Travel Technologies has entered into a strategic partnership with Easebuzz as a Gold Partner for its RG Pay platform. The collaboration integrates Easebuzz's payment gateway to offer domestic payment methods like UPI and cards for Indian travelers. This partnership aims to improve checkout conversions and payment reliability for global travel brands operating in India.
Avio Smart Market Stack Limited partnered with KiVi to deploy agri-fintech solutions in Maharashtra. The initiative, part of Project AVIO Agritech, focuses on Supa and Patas villages to enhance financial inclusion and credit access for rural enterprises. The collaboration aims to leverage digital infrastructure to bridge systemic gaps in the agricultural value chain.
Ravindra Energy's associate, Energy in Motion Limited (EIM), signed an MoU with Drivn to deploy 1,000 electric heavy-duty commercial vehicles in India. The two-year partnership combines EIM's vehicle supply and battery-swapping technology with Drivn's leasing and financing model. This initiative supports large-scale electric fleet deployment and expands Ravindra Energy's footprint in the EV business.
TVS Motor Company signed a Joint Development Agreement with Hyundai Motor Company to develop and manufacture electric micromobility 3-wheelers. TVS retains exclusive manufacturing rights worldwide and distribution rights in India. This strategic alliance leverages Hyundai's design expertise and TVS's manufacturing capabilities to target the growing electric vehicle segment.
OnMobile Global Limited executed a Wholesale Supply Agreement with Flipkart India Private Limited. The partnership covers the supply and distribution of OnMobile's gaming hardware and digital services across Flipkart's platform. This collaboration aims to leverage Flipkart's reach for OnMobile's gaming ecosystem.
OnMobile Global Limited entered a three-year wholesale Supply Agreement with Flipkart India Private Limited. The partnership involves distributing the Company's gaming hardware and digital services across Flipkart's platform. This arrangement targets India's domestic gaming consumer segment through one of the country's largest digital commerce channels, enhancing product reach and discoverability.
Hyundai Motor Company and TVS Motor Company signed a Joint Development Agreement to develop and commercialize electric three-wheelers for India. Hyundai will lead design and R&D, while TVS provides its electric platform and manufacturing expertise. The partnership focuses on sustainable last-mile mobility and local component sourcing to address India's unique urban transportation needs.
TVS Motor Company signed a Joint Development Agreement with Hyundai Motor Company to develop and manufacture electric 3-wheelers. The partnership leverages Hyundai's design expertise and TVS Motor's manufacturing platform to target India and emerging markets. TVS Motor will lead local sales and global manufacturing, while both parties share royalties based on sales territories.
Oil India Ltd's subsidiary, OGEL, signed an MoU with Numaligarh Refinery Limited (NRL) for collaboration in renewable energy development and procurement. This strategic partnership supports Oil India's 2040 net-zero target and emphasizes meeting group captive energy requirements through sustainable energy transitions.
Praj Industries launched an Advanced Precision Fermentation Lab at Praj Matrix and signed an MoU with BRIC–NCCS. This academia–industry partnership aims to accelerate the transition from scientific discovery to scalable biomanufacturing. The initiative supports India’s BioE3 vision, focusing on high-performance, low-carbon bioprocessing solutions and skill development for the bioeconomy.