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Reliance Industries, TCS and RateGain to see some action today
Oct-31-2025

Reliance Industries (RIL), through Reliance Intelligence, and Google have entered into an expansive strategic partnership to accelerate the adoption of Artificial Intelligence (AI) across India - empowering consumers, enterprises, and developers in line with Reliance’s AI for All vision. This collaboration brings together Reliance’s unmatched scale, connectivity, and ecosystem reach with Google’s world-class AI technology. Together, these initiatives are aimed at democratizing AI access and strengthening the digital foundation for India’s AI-driven future.

Tata Consultancy Services (TCS) has entered a five-year partnership with Tata Motors to accelerate the company’s sustainability efforts. Tata Motors’ sustainability platform, Prakriti, powered by the AI-driven TCS Intelligent Urban Exchange (IUX), will digitize ESG data and enable real-time monitoring, automated ESG compliance reporting, and data-driven sustainability insights, strengthening Tata Motors’ ability to drive measurable environmental impact across its operations and reporting across all its plants. Expertise and domain input from Tata Motors played a pivotal role in configuring IUX for sustainability and co-developing the Prakriti solution tailored to Tata Motors’ operational and sustainability needs.

RateGain Travel Technologies (RateGain) has entered into a strategic partnership with Flyr, a leading Revenue Management System provider in the United States. As part of this agreement, FLYR will offer RateGain’s software products, including the flagship Navigator platform, to hotel customers worldwide. By offering RateGain’s Navigator along with the FLYR platform, this partnership delivers real-time, high-fidelity rate intelligence and actionable insights, replacing data overload with clarity right where pricing decisions are made. As part of the agreement, FLYR Hospitality will offer these solutions to hotel customers, supported by product resources and demonstration environments from RateGain.

One 97 Communications has completed acquisition of the remaining stake in Paytm Intelligence and Paytm Intelligence. The company has acquired remaining 51% stake of Paytm Intelligence (formerly known as Paytm Emerging Tech until October 30, 2025) from VSS Holdings (100% owned by Vijay Shekhar Sharma). The company has also acquired 51% stake of Paytm Life Insurance from Vijay Shekhar Sharma. Upon completion of these acquisitions, each of the abovementioned entities have become wholly owned subsidiaries of the company with effect from October 30, 2025. 

Hero MotoCorp has completed the acquisition of 26% equity stake in Clean Max Karakoram (Special Purpose Vehicle) from Clean Max Enviro Energy Solutions. The said acquisition is for an initial investment of Rs 26,000 and the balance amount will be invested as per the terms of Share Subscription and Shareholders Agreement dated October 30, 2025 entered between the parties.

Adani Green Energy’s wholly owned stepdown subsidiaries -- Adani Solar Energy Jodhpur Six and Adani Renewable Energy Forty One have entered into Power Consumption Agreements and Tripartite Agreements for supply of 60 MW of solar-wind hybrid power to a commercial and industrial (C&I) customer. The said solar-wind hybrid power shall be supplied from 50 MW solar power plant located at Baap, Rajasthan and 52 MW wind power plant, located at Khavda, Gujarat. The agreements were executed at 4.47 pm on October 30, 2025.

Narayana Hrudayalaya’s wholly owned subsidiary in Cayman Islands -- Health City Cayman Islands, through its wholly owned subsidiary Narayana Hrudayalaya UK in the United Kingdom, has entered into an agreement on October 30, 2025 to acquire 100% equity shares of Practice Plus Group Hospitals, a Company incorporated in the United Kingdom, subject to completion of closing conditions. This acquisition will build upon the international presence of Narayana Health, following the successful expansion in the Caribbean through Health City Cayman Islands.

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