Indian corporate and stock market developments

Developments across various Indian corporations have drawn investor attention through late August and mid-September 2026.

In late August, Bharat Electronics Limited (BEL) secured orders worth approximately ₹730 crore for communication, radar, and cyber security equipment. During the same period, Prudential Corporation Holdings moved to sell a 2% stake in ICICI Prudential Asset Management Company to meet regulatory requirements, while Vedanta Resources denied reports regarding potential stake sales. Other activities included Tata Power preparing a legal appeal in Singapore and Jio Financial Services reporting a 163% year-on-year increase in assets under management.

By mid-September, corporate focus shifted toward regulatory and partnership updates. Tata Communications reached an agreement in principle with the Canada Revenue Agency to resolve tax claims related to international services, noting the settlement should have no significant financial impact. Aurobindo Pharma reported a procedural observation following a USFDA inspection of its Epitoria Pharma facility in Telangana. Additionally, Bharat Forge entered a partnership with Pratt & Whitney Canada to evaluate turbine technology, and RR Cable began commercial production at a new manufacturing unit in Silvassa.