India Inc. witnessed significant corporate activity with 15 stocks expected to remain in focus on Monday, May 4. According to The Hindu BusinessLine, the developments included HCLTech's expansion of its AI partnership with MetLife Stadium, Tech Mahindra's acquisition of Canada-based Avant Tech Solutions, and Reliance Retail's acquisition of Priyanka Chopra's Anomaly brand. These strategic moves demonstrate continued expansion across technology, telecommunications, and retail sectors.
Infosys announced the appointment of Nitin Paranjpe as non-executive Vice Chairman, effective immediately. As reported by The Hindu BusinessLine, this appointment recognizes Nitin's contribution to the Board and brings extensive experience including as non-executive Chairman of Hindustan Unilever Ltd and non-executive Vice Chairman of Heineken NV. Additionally, Sanofi India appointed Rahul Bhatnagar as Chairman, effective from April 30, bringing expertise in finance, strategy and governance since joining the Board in 2020.
Tech Mahindra completed the acquisition of Avant Tech Solutions (Alluri Technologies), a Canada-based specialist in payments modernisation and wealth platforms. According to The Hindu BusinessLine, the deal will broaden Tech Mahindra's offering across real-time rail capabilities, ISO 20022 migration, wire modernisation, and core payments cloud transformation. Meanwhile, Reliance Retail acquired Anomaly, the haircare brand founded by Priyanka Chopra Jonas, marking its latest move in the beauty and personal care segment.
NCC Ltd secured orders worth over ₹1,700 crore in April, with ₹929.96 crore pertaining to the Buildings Division, ₹603.41 crore to the Electrical Division, and ₹169.90 crore to the Transportation Division. As reported by The Hindu BusinessLine, Siemens announced receiving a new order worth over ₹1,825 crore for manufacturing and supply of bogies, traction motors and gearboxes. Deepak Chem Tech signed a long-term agreement with Praxair India to build a HyCO plant for its upcoming polycarbonate manufacturing facility.
Vodafone Idea received significant relief on its long-pending adjusted gross revenue (AGR) dues, with the Department of Telecommunications cutting the payable amount to ₹64,046 crore as of December 31, 2025, from an earlier estimate of ₹87,695 crore. According to The Hindu BusinessLine, Lemon Tree Hotels announced the opening of Lemon Tree Premier, Biratnagar in Nepal, marking key expansion of its upscale footprint. Coal India Limited announced receiving a Letter of Award for establishing a large-scale Battery Energy Storage System project, marking its strategic pivot into renewable energy infrastructure.
