Archive · 8 Jun 2025
Indian Companies Announce Strategic Business Moves and Investments
Several Indian companies are making significant moves.
The insurance industry might see higher premiums soon.
A company received a major contract to improve Mumbai roads.
Another company is selling assets, and a third is partnering on semiconductors.
A major construction company is issuing ESG bonds to support sustainability.
One company is facing accusations of unfair practices in the paint market.
IRDAI proposes an average 18% increase in third-party insurance premiums.
GHV Infra Projects received a ₹546 crore work order for Mumbai road construction.
UPL is set to benefit from Serra Bonita's $125 million asset sale.
Bharat Electronics and Tata Electronics partner on semiconductor solutions.
Larsen & Toubro announced a ₹500 crore ESG bond issuance.
- Who
- IRDAI, GHV Infra Projects, UPL, Bharat Electronics, Tata Electronics, Asian Paints, Birla Opus Paints, Larsen & Toubro, HCL, RITES.
- What
- Proposed insurance premium increases, road construction work order, asset sale, MoU for semiconductor solutions, a complaint of abuse of dominance, ESG bond issuance, and partnership for mineral security.
- When
- Within 2-3 weeks for insurance; ongoing for projects and partnerships.
- Where
- Mumbai, India.
- Why
- To strengthen roads, advance self-reliance, benefit from asset sales, and support India's push for mineral security.
Birla Opus Paints
Asian Paints
Asian Paints and Birla Opus Paints
Birla Opus Paints
Birla Opus Paints alleges abuse of dominance by Asian Paints.
Asian Paints
Asian Paints is the subject of a complaint from Birla Opus Paints.
- Insurance Premium Increase
- Average 18% increase proposed by IRDAI
- GHV Infra Project Work Order
- ₹546 crore (excluding GST)
- GHV Infra Project Duration
- 24 months
- UPL Stake in Serra Bonita
- 33%
- Serra Bonita Asset Sale
- $125 million
- L&T ESG Bond Issuance
- ₹500 crore