Dec 16, 2021
By: Rounak JainTo divest its 100 percent stake in MPSEZ Utilities to its subsidiary, Adani Transmission, at a fair value of ₹116 crore.
Credit: Adani-Ports-SEZ
Adani Ports’ subsidiary has entered into an agreement with Empezar Software Labs to incorporate a subsidiary named EZR Technologies.
Credit: Adani-Ports-SEZ
Partnered with Pharmeasy to provide online medicine and healthcare services across its platform.
Credit: Vakrangee
Media reports suggest that the struggling telco is aiming at a four-fold increase in its annual capex to $2 billion as it looks to catch up with its rivals.
Credit: BCCL
Acquired a 33 percent stake in Clean Max Auriga Power as it looks to boost the share of renewable power sources in its operations.
Credit: Cipla
Its subsidiary has received final approval from US FDA for its abbreviated new drug application for generic Amphotericin B Liposome.
Credit: Sun-Pharma
Its board has approved an interim dividend of ₹7 per share.
Credit: BCCL
RBI has imposed a penalty of ₹30 lakh on ICICI Bank and ₹1.8 crore on PNB for violating norms related to levying fees for non-maintenance of minimum balance in savings accounts.
Credit: BCCL
Has expanded its partnership with BMW Motorrad to develop electric vehicles.
Credit: TVS-Motor
Media reports suggest that founder Sameer Gehlaut could offload a 11 percent stake in the company, likely to be picked up by Blackstone ADIA for ₹1,400 crore.
Credit: Indiabulls-Housing-Finance