The total consideration for the transaction amounts to $750 million, strengthening the capital base of Novelis and supporting its long term growth plans.
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The solar power plants will be developed in Vidisha district of Madhya Pradesh, with Vikran Engineering acting as the renewable power generator for the projects.
The hotel property consists of 75 long stay rooms spread across the 9th to 12th floors of the building, offering accommodation focused on extended stays.
The scope of work covers end to end execution of the project, including engineering, procurement and construction of the solar power facility.
Under the agreement, Arvind Fashions will acquire Flipkart India’s entire 31.25 percent shareholding in its subsidiary Arvind Youth Brands Pvt Ltd
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The company stated that the total cost of aforesaid contract is ₹201.23 Crore, excluding GST. The contract has been secured by Rail Vikas Nigam as the only bidder.
Aurobindo Pharma clarified that the termination has been reached by mutual consent and will be effective from December 27, 2025
As per the terms of agreement, Lupin will hold exclusive rights for commercialisation and distribution of bofanglutide in India.

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