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TVS Supply Chain Solutions and Japan's Sankyu Sign Strategic MoU; Shares Rise

AI summaryTVS Supply Chain Solutions has signed a strategic memorandum of understanding with Japan's Sankyu Inc. to collaborate on supply chain and engineering services, with Sankyu planning to acquire a 0.5% stake in the Indian firm. The partnership, initially focused on India, aims to combine strengths and expand into other markets. Shares of TVS Supply Chain Solutions rose following the announcement.

5 outlets · 4 distinct · 5 articles 4d ago

Crompton outlines 'Crompton 2.0' strategy, targets ₹1.6 trillion TAM; Prabhudas Lilladher maintains 'Buy' with TP of ₹330

AI summaryCrompton Greaves Consumer Electricals outlined a growth strategy at an analyst meet, expanding its total addressable market to ₹1.6 trillion through new categories. Prabhudas Lilladher maintained a 'Buy' rating with a target price of ₹330, while Nomura Research flagged the need for higher promotions to support innovation-led growth.

2 outlets · 2 distinct · 2 articles 4d ago

L&T Secures Ultra-Mega Gas Compression Contract Worth Over ₹15,000 Crore in Middle East

AI summaryLarsen & Toubro announced on Monday that its hydrocarbon onshore arm, LTEH Onshore, has signed an ultra-mega contract worth over ₹15,000 crore for a gas compression facilities project in the Middle East. The project, awarded via a letter of intent in FY26, includes EPC of gas compression plants and two 230 kV substations, with the client's identity undisclosed. This marks L&T's third ultra-mega order in August, reflecting continued momentum in its hydrocarbon and power transmission businesses.

9 outlets · 6 distinct · 9 articles 4d ago

Nations tighten rules on children's social media use as Australia enforces world-first ban

AI summaryAustralia has become the first country to ban social media for under-16s, with penalties reaching A$49.5 million, prompting similar moves or proposals across Europe, Asia and beyond. Domestic lawmakers are advancing tougher enforcement powers amid investigations of major platforms, while political parties differ on the approach. Platforms already set a minimum age of 13, though advocates say many younger children still hold accounts.

4 outlets · 2 distinct · 4 articles 4d ago