🇮🇳 India Daybook: Bharat Forge & Air India Lead Corporate Buzz; NCC Faces NHAI Ban

📍 ORDER WIN

• Bharat Forge: The company signed a Memorandum of Understanding (MoU) with VVDN Technologies to collaborate on strategic solutions for the automotive, defense, and data center markets.
• BL Kashyap and Sons: Secured a ₹300 crore order from CRC Greens for the construction of civil works.
• Power Mech Projects: Received a major order from the Adani Group, further strengthening its order book in the energy sector.
• DCX Systems: Along with its subsidiary, the company secured combined orders worth ₹45.4 crore for the supply of cable and printed circuit assemblies.
• Pace Digitek: Bagged a $1.35 million order from Yaqin Chem for the supply of mobile battery systems.

📍 ACQUISITION & MERGER

• Dr. Reddy’s Laboratories: The pharmaceutical major successfully acquired specialty brand trademarks to bolster its portfolio in niche segments.
• DLF: The NCLT Chandigarh has approved the merger of eight of the company’s subsidiaries into Highvista Buildcon.

📍 STRATEGIC PARTNERSHIPS

• Air India: Signed an MoU with Lufthansa Group to establish a joint business agreement, aiming to enhance connectivity between India and Europe.
• Zee Entertainment: Partnered with micro-drama platform Story TV to adapt its content library into vertical, short-form episodes for mobile audiences.

📍 PRODUCT LAUNCH & MILESTONE

• Intellect Design Arena: Launched "eMACH.ai," an AI-first banking platform featuring 550 domain-aware agents.
• TVS Motor: Reached a significant production milestone of one million units in its Indonesia operations.
• Ola Electric: Announced a structural reset with a new focus on the battery energy storage system (BESS) business under the brand "Ola Shakti."

📍 REGULATORY & LEGAL

• NCC: The National Highways Authority of India (NHAI) has debarred the company and its unit from participating in any tenders or bids for a period of two years.
• Jindal Saw: The American Petroleum Institute (API) has restricted the company from affixing the API monogram on its seamless pipes.
• Ceinsys Tech: The company's equity shares are officially admitted for trading on the NSE effective February 19, 2026.
• Cupid Limited: Issued a formal advisory cautioning investors against unauthorized "multibagger" stock tips being circulated on social media.

📍 BROKERAGE CALLS

• Infosys: BofA maintained a 'Buy' rating with a target price of ₹1,840, highlighting its evolving AI strategy and Anthropic partnership.
• ITC: UBS maintained a 'Buy' rating but reduced the target price to ₹395 (from ₹420) due to expected price hikes in the cigarette segment following tax adjustments.

📍 CORPORATE UPDATES

• Dabur India: Redesignated Mohit Malhotra as the Global CEO, effective immediately, as part of a leadership restructuring.
• Mufin Green Finance: The board approved the preferential allotment of over 3.43 crore shares and 76.53 lakh warrants to raise capital.

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