
Bharat Electronics | State-run company said it has received a ₹2,463 crore contract (excluding taxes) from the Ministry of Defence for the supply and services of Ashwini Radars to the Indian Air Force. These fully indigenous Active Electronically Scanned Array (AESA) radars have been jointly developed by the Defence Research and Development Organisation (DRDO) and BEL.

Satin Creditcare | Microfinance institution said it has approved an increase in the limit for issuing Letters of Comfort or similar assurances for its wholly owned subsidiary, Satin Housing Finance Limited (SHFL), to ₹300 crore from the existing ₹200 crore. The enhanced limit will enable Satin Creditcare to issue Letters of Comfort or Side Letters in support of SHFL’s fund-raising efforts without assuming a direct payment guarantee.

Premier Explosives | The company said it has received an export order worth ₹21.45 crore for the supply of defence explosives to international clients. The contract is set to be executed within a period of five months. The order involves the supply of defence-grade explosives.

NTPC Green | State-owned power giant NTPC’s arm said its subsidiary NTPC Renewable Energy Ltd has declared the second and final phase of its 105 MW Shajapur Solar Project in Madhya Pradesh operational. The last 50 MW capacity has been commissioned and commenced commercial operations from 00:00 hours on March 13, 2025. The first phase of 55 MW was put into commercial operation on November 29, 2024.

Jubilant Pharmova | Drug firm said its subsidiary, Jubilant Cadista Pharmaceuticals Inc., has received an Establishment Inspection Report (EIR) with a Voluntary Action Indicated (VAI) status from the US Food and Drug Administration (USFDA) for its solid oral formulations facility in Salisbury, Maryland. The EIR follows an inspection conducted by the regulator in January 2025.