According to Market Buzz, Eternal, formerly known as Zomato, is probably witness to the exit of Alibaba-stundled Antfin Singapore who holds PTE LTD through a block deal worth £ 5,375 crore. Antfin is expected to sell 18.84 crore shares of the delivery technology company, with the floor price set at £ 285 per share.
Paras Defense and Space Technologies (Paras) has signed a team agreement with High Performance Space Structure Systems (HPS) GmbH, Germany, with the intention of working together on projects related to defense and space in the Indian region. HPS has experience and expertise in the design, production, integration and testing of alarms/implementable antenna reflectors’ sub-systems for space applications, as well as in other areas such as fixed reflectorants, lightweight structures, thermal hardware and nano-satellite equipment.
Bharat Forge Ltd. has concluded a Business Transfer Agreement (BTA) with Kalyani Strategic Systems Limited (KSSL), its entire subsidiary, for a transaction value of £ 453 Crore. The agreement, approved by Bharat Forge’s Investment Committee (defense activities), includes the transfer of identified assets and other related obligations of the company’s defense company to KSSL. This transfer is carried out on a specified sales basis. In addition, Bharat Forge and KSSL have concluded a license agreement for intellectual property rights as part of this restructuring.
Lokesh Machines has guaranteed an order worth RS 17.68 Crore (including GST) of the integrated head office of the Ministry of Defense (army), New Delhi. The order is to deliver a MMG modification kit (Gun Machine 7.62mm MAG). The order must be carried out within 12 months.
Jioblackrock Mutual Fund has submitted an offer document to SEBI to launch an open dynamic stock schedule with the name ‘Jioblackrock Flexi Cap Fund’. The new Fund Offer for Units would be at RS 10 during the NFO period. Input tax and starting tax are zero. The schedule only offers the growth option and aims to collect a minimum target of RS 10 Crore.
Capacit’e infrapprojects has informed the stock markets that it has received a declaration of intent (LOI) from the Hinduja group for a total contract value of RS 113.74 CRORE, excluding GST and Labor Cess, for civil and structural works and optional works for Hinduja House, WORLI, MUMBAI. The work order was received in the normal matters and is part of the company’s normal civilian contracting activities.
Hindustan Copper has carried out a memorandum of agreement (MOU) with Gail (India) to jointly participate in copper and critical mineral block auctions, and to develop and operational blocks for exploration, minerals.
Published on August 7, 2025
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