Bhupendra Singh ChundawatGreaves Cotton has acquired around 15.04 lakh equity shares, by way of investment in subsidiary of the Company i.e. Ampere Vehicles, India through primary and secondary purchase for a total consideration of Rs 22.5 crore. Consequent to the acquisition of aforesaid additional stake, the company’s holding in Ampere increased from 67.34% to 72.11%. Greaves Cotton, … Read more
Tata Consultancy Services (TCS) strategic unit — TCS iON has collaborated with All India Council for Technical Education (AICTE), a national-level apex advisory and regulatory body for technical education, to provide students with a custom curated digital learning course to equip them with career skills. With an intent to bridge this gap, TCS iON has … Read more
Reliance Industries’ (RIL) telecom arm — Reliance Jio Infocomm (Jio) has continued its lead over other telecom service providers in adjusted gross revenue (AGR) for the March 2019 quarter at about Rs 9,839 crore. The Telecom Regulatory Authority of India’s (Trai) latest data showed that Jio’s AGR rose 3.76 per cent sequentially to Rs 9,838.9 … Read more
Housing Development Finance Corporation (HDFC) is planning to raise up to Rs 3,000 crore by issuing bonds on a private placement basis to shore up its long-term capital needs. The ‘HDFC Series V-006 11th July, 2014’ secured redeemable non-convertible debentures will have an issue size of Rs 2,000 crore with an option to retain oversubscription … Read more
Religare Enterprises has entered into a binding term sheet with TCG Advisory Services, Religare Finvest (RFL) and Religare Housing Development Finance Corporation (RHDFCL), whereby the company will divest its entire stake in RFL, a subsidiary of the Company, to TCG Advisory Services or any of its affiliates. Pursuant to the aforesaid divestment, TCG Advisory Services … Read more
Aurobindo Pharma has launched Cinacalcet Hydrochloride Tablets (30mg, 60mg and 90mg) at risk in the US market in accordance with the terms of settlement agreement with Amgen Inc. Aurobindo’s Cinacalcet Hydrochloride tablets 30mg, 60mg and 90mg is a generic version of Amgen Inc’s Sensipar tablets, Cinacalcet Hydrochloride tablets had an annual sale of approximately $1,449 … Read more
KPI Global Infrastructure has signed Power Purchase Agreement (PPA) with Super Deluxe Paper Mills, Vapi for sale of 1 MW solar power for a period of 15 years under the category of Independent Power Producer (IPP). KPI Global Infrastructure is a solar power generating company focused on providing solar power, both as an Independent Power … Read more
