IndusInd Bank partnered with Masters’ Union HYROX Mumbai as the exclusive partner-bank. The collaboration offers customers curated race-day experiences, strengthening the bank's lifestyle positioning.
Emerald Finance Limited partnered with Intime Advisory Services LLP for an Early-Wage-Access program. This initiative allows employees to access salary advances via short-term loans.
PhysicsWallah partnered with Vi to bundle 'Pi' platform content with prepaid plans in Rajasthan and UP. This strategic alliance expands digital learning access through telecom connectivity.
Tata Power expanded its partnership with Bhutan's DGPC, adding the 404 MW Nyera Amari project. Total collaborative hydropower capacity now reaches 5,033 MW.
Suraj Products Limited's UAE-based subsidiary signed an agreement with KEZAD Group to establish a Rolling Mill Facility in Abu Dhabi. This strategic partnership marks an international expansion for the company. Financial details and project timelines are yet to be finalized and will be disclosed later.
Thomas Cook (India) and SOTC Travel signed a strategic MoU with Vietnam's Vinpearl to enhance travel experiences for Indian tourists. The collaboration positions Vinpearl as a preferred partner, leveraging its resorts, theme parks, and golf courses. This marks Vinpearl's first major investment initiative in India's tourism sector, aiming to unlock the high-growth potential of the Indian market.
CleanMax has partnered with Apple for a strategic ~INR 100 Crore co-investment to accelerate renewable energy deployment in India. The collaboration focuses on decarbonizing the Commercial & Industrial sector, supporting Apple’s carbon neutrality goals. CleanMax remains India's largest C&I renewable energy provider, with data centers and AI accounting for 42% of contracted volumes.
Samvardhana Motherson International Limited partnered with the Abu Dhabi Investment Office to develop a large-scale automotive manufacturing facility in KEZAD. The project, currently under construction on an 87,652 square metre plot, aims to create over 1,000 jobs. This hub will serve as a regional manufacturing and export base for automotive components.
Spectrum Electrical Industries Limited signed an MoU with the Government of Maharashtra for a ₹110 Crore expansion project. The investment, announced at the Nashik Investment Summit 2026, focuses on manufacturing at Talegaon Akrale. The state government will facilitate necessary permissions and fiscal incentives for the proposed facility, which is expected to generate 525 jobs.
Arisinfra Solutions' subsidiary, Unitern, has entered a strategic partnership with The Wadhwa Group for the ₹650 Crore Wadhwa Wise City project in Panvel. Arisinfra will deploy its Developer-as-a-Service (DaaS) platform for inventory monetization and project execution over an 8-month engagement.
Gretex Corporate Services Limited signed a mandate with a Maharashtra-based electric vehicle manufacturing and distribution company. The partner firm is proposed for listing on the BSE SME or NSE Emerge platforms. This strategic partnership highlights Gretex's involvement in the EV sector's capital market activities.
RM Drip and Sprinklers Systems Ltd's subsidiary, Brahmanand Pipes Private Limited, signed an MoU with the Government of Maharashtra for a ₹100 Crore investment. The commitment aims to expand manufacturing and operational capabilities in Maharashtra, strengthening future business growth.
Midwest Limited has been selected as the Lead Consortium Partner by Kerala Minerals and Metals Ltd. (KMML) for a strategic Rare Earth Elements pilot project. The project involves processing monazite-rich tailings to produce high-purity rare earth compounds. Midwest will undertake 100% of the capital investment, with the pilot facility expected to be commissioned within six months of approvals.
Execution
Pilot facility to be commissioned within 6 months from receipt of approvals (extendable by 3 months).
Shipping Corporation of India Land And Assets Partnership
Shipping Corporation of India Land and Assets Limited (SCILAL) signed an MOU with SCI and NBCC (India) Limited. The agreement covers the upgradation and renovation of the Maritime Training Institute infrastructure in Powai, an asset owned by SCILAL.
Rose Merc Limited has appointed Indian cricketer Dhruv Jurel as its Brand Ambassador. This strategic association aims to enhance brand visibility and deepen the company's engagement within the sports ecosystem. The collaboration aligns the brand with a rising athlete to build meaningful connections with the youth and cricket fans.
Veefin Solutions' subsidiary platform, PSB Xchange, partnered with Central Bank of India to launch a dealer financing program for Shree Cement. The initiative provides structured working capital to over 17,000 dealers and distributors. This collaborative ecosystem leverages digital infrastructure to scale institutional credit access for MSMEs across Shree Cement’s distribution value chain.
Shree Karni Fabcom Limited entered a strategic partnership with a leading Italian textile manufacturer to exclusively promote and distribute technical knitted fabrics in India. The alliance targets high-growth swimwear, activewear, and sportstech segments. Shree Karni will leverage the partner's 60-year expertise and international quality certifications to drive sales across the Indian market.
Inventurus Knowledge Solutions Limited (IKS Health) announced a strategic multi-year partnership with Holyoke Medical Center, a 219-bed hospital in Massachusetts. The collaboration utilizes AI-driven solutions to reduce administrative burdens and optimize revenue cycles. This alliance aims to improve clinical efficiencies and financial stability for the independent community hospital.
GE Power India Limited approved the execution of a Leave and License Agreement and a Contract Manufacturing Agreement with Quality Profiles Private Limited. The partnership involves QPPL using GEPIL's Vadodara facility for manufacturing and providing refurbishment services for rotating equipment.
Emerald Finance Ltd has partnered with Goldkey Finvest Pvt. Ltd. to launch an Early-Wage-Access program. This initiative allows employees to access portions of their salaries throughout the month as short-term loans, which are later recovered through salary deductions. This partnership aligns with the company's vision to expand retail financial offerings.
Solex Energy signed a ₹4,000 Crore MoU with the Government of Gujarat to establish an integrated solar cell and BESS manufacturing ecosystem. The project includes a 5 GW solar cell facility and a 10 GW battery storage facility. This landmark investment supports India's clean energy transition and enhances the company's domestic manufacturing capabilities.
Unicommerce eSolutions Limited has partnered with Waaree Energies Limited to automate its B2C and B2B e-commerce operations. The collaboration integrates Unicommerce's multi-channel technology into Waaree's distribution ecosystem, enhancing inventory and order management across India.
Persistent Systems has signed an MoU with IIT Kharagpur to establish an AI Innovation Lab. The lab will focus on AI research, talent development, and industrial-academia collaboration in areas like healthcare analytics and financial intelligence. This initiative aligns with the company's AI-first strategy to build future-ready talent and scalable AI solutions.
LTM Limited has partnered with Uniphore to develop and scale domain-specific AI solutions, combining small language models and AI agents. The collaboration initially targets the BFSI, manufacturing, and media sectors to transform core business processes. LTM will also utilize Uniphore's Business AI Cloud for its internal digital transformation.
Arisinfra Solutions Limited subsidiary, Unitern, has been appointed as the strategic land advisory partner for The Address Maker Group. Unitern will manage the full land transaction lifecycle for expansion across Mumbai and Bengaluru. The mandate covers outright acquisitions, joint developments, and redevelopment projects, leveraging Arisinfra's institutional-grade real estate platform.
Organic Recycling Systems Limited (ORSL) has partnered with General Carbon Advisory Services to expand into sustainability and CBAM advisory. The collaboration leverages ORSL's industrial presence and General Carbon's technical expertise to support Indian exporters with carbon reporting and compliance. This move diversifies ORSL's portfolio beyond waste management into high-value sustainability consulting.
Highness Microelectronics Ltd signed a Strategic Alliance MoU with US-based Axiom Manufacturing on May 1, 2026. The partnership focuses on technical collaboration in electronics architecture, manufacturing synergies across India and the US, and resource sharing. This alliance aims to enhance Highness's presence in high-value segments like defense, aerospace, and SATCOM in North and South American markets.
Rose Merc Limited announced its association as a key organizer and partner for the Maharashtra Tennis Cricket Champions League (MTCCL). Organized with the Eknath Solkar Foundation, the 8-team franchise league focuses on Under-23 grassroots talent. Matches will be broadcast on DD Sports and Waves, aligning with the company's sports development and community engagement vision.
Sky Industries Limited signed an MoU with the Government of Gujarat to facilitate establishing a Technical Textiles & Apparels manufacturing unit. The proposed investment is ₹49 Crore, with commencement expected in 2026. This arrangement strengthens the company's regional presence through state-supported infrastructure facilitation.
Emerald Finance Limited has partnered with Studio Morphosis Private Limited, Delhi, to launch an Early-Wage-Access program. This service allows employees to access portions of their salaries as short-term advances throughout the month. The initiative aligns with the company's vision to expand retail credit offerings through employer-linked salary deduction solutions.