3i Infotech Software Solutions L.L.C., a subsidiary of 3i Infotech, has received a purchase order on 19 June 2026 from a leading UAE-based technology company, for providing professional services contract including the rebadging of IT resources.
The engagement involves the deployment and management of technology professionals across multiple roles and customer environments supported by UAE-based technology company. The projects span areas including cybersecurity, cloud security, network operations, infrastructure support, service delivery, systems administration, engineering and related technology functions.
The contract is awarded for a period of 1 year engagement, which can be extended further on mutual terms & conditions. The total value of the purchase order is approximately AED 13.08 MN (Rs 33.6 crore), exclusive of applicable taxes.
Asian Energy Services has secured a Rs 187.62 crore EPC contract (including GST) from Gujarat State Electricity Corporation (GSECL) for enhancement of a coal handling plant in Ukai Gujarat.
The project marks a strategic milestone for the company as its first major order outside Coal India and its subsidiaries and associates. It signals a diversification of its client base and a strong entry into state utility-led infrastructure projects. The project involves capacity enhancement of the Coal Handling Plant (Stage-II) at the Ukai Thermal Power Station in Gujarat.
The project is being executed on a lump sum EPC basis, and the scope covers end-to-end engineering, procurement, construction, and commissioning, which will take place over 2-3 years.
Aurobindo Pharma USA, Inc. (Aurobindo USA), a wholly owned subsidiary of the Company, today announced that it has received approval from the U.S. Federal Trade Commission (FTC) to proceed with the acquisition of Lannett Company LLC (Lannett).
The transaction, valued at $250 million on a cash-free, debt-free basis and inclusive of normalized working capital, is expected to close before the end of June 2026.
Lannett, a Pennsylvania-based generic pharmaceutical company, specializes in the development and commercialization of a diversified portfolio of complex, non-opioid controlled substances.
The acquisition will significantly expand Aurobindo USA's product offering in this segment while adding a U.S.-based manufacturing facility to its network.
Lannett's manufacturing site in Seymour, Indiana, has the capacity to scale production to approximately 4 billion doses annually, strengthening Aurobindo USA's domestic manufacturing footprint. This enhanced capacity aligns with U.S. policy priorities aimed at improving supply chain resilience and increasing domestic pharmaceutical production.
The transaction is expected to be immediately accretive to Aurobindo Group's earnings per share. In addition to near-term financial benefits, the acquisition is anticipated to generate meaningful cost efficiencies, SG&A synergies, and operational integration advantages. It will also enhance the company's portfolio with a differentiated pipeline of complex generics and controlled substances, supporting sustainable long-term growth.
Blue Cloud Softech Solutions announced that it is evaluating preliminary, non-binding business opportunities in the field of artificial intelligence technology with SpaceX International.
The parties have, at this stage, established only a framework for the exchange of information to facilitate discussions and an evaluation of potential areas of collaboration. This reflects the company's continued focus on exploring strategic opportunities in the digital infrastructure and technology ecosystem.
The company believes that the growing demand for artificial intelligence applications and digital technology presents significant opportunities, and the proposed discussions are intended to assess the feasibility and potential scope of any future collaboration.