Ashok Leyland announced that the Board of Directors of Optare PLC had allotted 649,63,55,352 ordinary shares of £0.001 each at an issue price of £0.006927 each (i.e. at a premium of 0.005927 per share) to the company at their meeting held on 01 April 2025.

Post allotment the shareholding of the company in Optare PLC has increased by 0.41%i.e. from 92.59% to 93%.

ABB India has successfully delivered an integrated scope of advanced automation and digital solutions for Indian Oil Corporation's (IndianOil) countrywide oil and gas pipeline network. Spanning over 20,000 kilometers across multiple states in India, the network is vital to supporting the country's energy needs, transporting 125 million metric tons of oil and 49 million metric standard cubic meters of gas annually.

ABB's solutions will be at the core of supporting IndianOil's Centralized Pipeline Information Management System (CPIMS). The project involved the design, engineering, supply and commissioning of the ABB Ability™ SCADAvantage digital platform, which features robust cyber security and disaster recovery systems hosted on the cloud. The scope also included digital solutions for centralized management of IndianOil's pipelines across the country. Additionally, ABB is providing a 10-year ABB Care contract to ensure all existing pipelines are unified under CPIMS and to provide long-term service support for IndianOil's pipeline infrastructure.

ABB was awarded the CPIMS project contract in February 2024. Within one year, ABB designed and delivered its integrated solutions for managing the pipeline network, which is under commissioning.

Larsen & Toubro has elevated the following officials as Senior Vice President (Senior Management) effective today:

a) T. Kumaresan; and
b) Parthasarathi Chatterjee

RISE Worldwide (RISE), a wholly-owned subsidiary of Reliance Industries (Reliance), and BLAST Esports (BLAST), a wholly-owned subsidiary of BLAST ApS, today announced an agreement to form a joint venture to conduct esports business in India.

India is the fastest growing gaming market with a massive gamer base of more than ~600 Mn (18% of the total gamers globally). India's gaming market is projected to grow at a CAGR of ~19% to reach US$ 9.2 Bn by 2029 from US$ 3.8 Bn in 2024. The global esports market is expected to grow to US$ 16.7 Bn by 2033 from US$ 2.8Bn in 2024, exhibiting a CAGR of ~22%. India esports market is in nascent stages and is expected to be a high growth market. The Government of India has officially recognized esports in the country by declaring it as a part of the multi-sports event category.

The strategic partnership will help to accelerate this growth by bringing BLAST's globally recognised esports properties and production techniques to India while co-creating new tournament IPs tailored to the fast-growing gaming market.

BLAST is a European-based esports entertainment company and one of the biggest tournament organisers in the world. BLAST works with the world's best game publishers and brands to elevate their properties into world-class esports experiences. These events unite top-tier teams and the biggest stars in the scene as they compete for glory and multi-million dollar prize pools, with arena stops in 2025 set for vibrant cities like London, Singapore, Austin, and Rio. BLAST is known for its unparalleled production quality and game changing fan-first moments. BLAST events are forecasted to generate 2 billion views in 2025, reach global audiences in 150+ territories and broadcast in 30+ languages.

BLAST currently works with leading game publishers such as Epic Games, Valve, Riot Games, KRAFTON and Ubisoft to produce, market and deliver esports for popular titles in Rocket League, Fortnite, Rainbow Six, PUBG, Dota 2 and Counter-Strike 2 - with all titles having a combined active monthly player base of 350+ million. BLAST is best known for its unparalleled production quality and game changing fan-first moments. Bringing together the best teams and biggest superstars to fight it out for glory and multi-million dollar prize pools.

The strategic partnership will form a new JV entity and it will bring together BLAST's esports media production expertise, publisher relationships, wide suite of highly popular IPs, and Jio's technology expertise, unparalleled distribution reach, and local relationships to host these events on the JioGames platform for sustainable growth and innovation in the industry.

Stovec Industries announced that the 51st Annual General Meeting(AGM) of the company will be held on 5 May 2025.

Tata Consumer Products has received reaffirmation in credit ratings from ICRA at ICRA AAA; Stable/ ICRA A1+.

Elantas Beck India announced that the 69th Annual General Meeting(AGM) of the company will be held on 30 April 2025.

Benares Hotels will hold a meeting of the Board of Directors of the Company on 28 April 2025.

Swaraj Engines will hold a meeting of the Board of Directors of the Company on 16 April 2025.

SMIFS Capital Markets will hold a meeting of the Board of Directors of the Company on 8 April 2025.