Infosys: The computer science major has completed the acquisition of European life science consulting and technology company BASE life science, which will further expand
‘ in the Nordic region and will bring in domain experts with business, medical, digital marketing, clinical, regulatory and quality know-how.
MotoCorp Heroes: The two-wheeler giant reported a 1.92% increase in total sales to 4,62,608 units in August 2022. The company had sold 4,53,879 units in the year-ago period.
UPL: UPL Corporation, UPL’s flagship company for global operations, announced that its Board of Directors has appointed Mike Frank as Managing Director (CEO) of UPL’s global crop protection (CP) business who will manages all of CP’s assets outside of India. Mike will serve on the UPL Crop Protection Board of Directors.
Adani Companies: Adani Group will replace
of the benchmark National Stock Exchange Nifty 50 on September 30. is the flagship company of Adani Group and Shree Cement is the main cement manufacturing company. The index maintenance subcommittee decided to make the changes as part of its periodic review.
Eicher engines: Motorcycle manufacturer Royal Enfield announced a 53% increase in total sales to 70,112 units in August 2022. The company had sold 45,860 units in the same month last year.
Aurobindo Pharma: The drugmaker’s wholly-owned arm, CuraTeQ Biologics, plans to invest about Rs 300 crore in expanding the capacity of biologics manufacturing facilities. The CuraTeQ Biologics Board of Directors has approved the expansion of its operations by establishing another, larger capacity mammalian cell culture manufacturing facility.
Bharat Electronics: Dinesh Kumar Batra, Director (Finance) and Chief Financial Officer, has taken on additional duties as President and Managing Director (CMD) of navratna defense PSU. As Director (Finance) and Chief Financial Officer, Batra led
to achieve its highest ever revenue of Rs 15,044 crore and profit after tax (PAT) of Rs 2,349 crore in the financial year 2021-22.
Krishna Institute of Medical Sciences: General Atlantic Singapore sold 16.60 lakh shares of the hospital chain at an average price of Rs 1,230 each for Rs 204.18 crore through an open market transaction, according to transaction data wholesale from NSE. Emerald Investments bought 15,70,000 shares at the same price.
Indian bank: The state-run lender has revised the marginal cost of funds-based lending rates (MCLR) from 0.10% to 7.75% on all maturities from Saturday, which will make most loans to more expensive consumption. It also revised benchmarked lending rates on treasury bills.
GMR Power and Urban Infra: The arm of GMR Enterprises said its board had given the go-ahead to raise up to Rs 3,000 crore through the issuance of securities. Approval was granted at the board meeting held on Thursday.
Ramco Systems: The enterprise aviation software provider announced that its US subsidiary Ramco Systems Defense and Security Incorporated has been awarded a contract by General Atomics Aeronautical Systems. Ramco will implement its MRO Aviation M&E V5.9 suite for GA-ASI’s SkyGuardian Global Support Solutions program.
GMCD: The state-owned mining company said it plans to conduct a study to determine the economic viability of setting up a rare earth element processing unit in Gujarat. Rare earth elements, also known as rare earth metals, are essential for the development of green energy technologies such as
for electric vehicles and wind turbines and LEDs.
SJVN: The state-owned utility company has expressed interest in developing 5,000 MW of renewable energy projects in Punjab.
Chairman and Managing Director Nand Lal Sharma met with Chief Minister of Punjab Bhagwant Mann in Chandigarh and expressed his keen interest in developing 5,000 MW renewable energy projects in the state.
SIS: Commercial services provider subsidiary SIS Australia Group has signed a share purchase agreement to acquire 85% of the shares of Safety Direct Solutions, which provides critical risk management, medical and training services . The company will complete the transaction by September 30 for AUD 5 million.
Olectra Greentech: The electric mobility company said its board had approved a plan to raise up to Rs 800 crore through the issuance of securities. The company seeks to increase the amount by issuing shares and/or by selling securities convertible into shares.
Infosys: The computer science major has completed the acquisition of European life science consulting and technology company BASE life science, which will further expand
‘ in the Nordic region and will bring in domain experts with business, medical, digital marketing, clinical, regulatory and quality know-how.
MotoCorp Heroes: The two-wheeler giant reported a 1.92% increase in total sales to 4,62,608 units in August 2022. The company had sold 4,53,879 units in the year-ago period.
UPL: UPL Corporation, UPL’s flagship company for global operations, announced that its Board of Directors has appointed Mike Frank as Managing Director (CEO) of UPL’s global crop protection (CP) business who will manages all of CP’s assets outside of India. Mike will serve on the UPL Crop Protection Board of Directors.
Adani Companies: Adani Group will replace
of the benchmark National Stock Exchange Nifty 50 on September 30. is the flagship company of Adani Group and Shree Cement is the main cement manufacturing company. The index maintenance subcommittee decided to make the changes as part of its periodic review.
Eicher engines: Motorcycle manufacturer Royal Enfield announced a 53% increase in total sales to 70,112 units in August 2022. The company had sold 45,860 units in the same month last year.
Aurobindo Pharma: The drugmaker’s wholly-owned arm, CuraTeQ Biologics, plans to invest about Rs 300 crore in expanding the capacity of biologics manufacturing facilities. The CuraTeQ Biologics Board of Directors has approved the expansion of its operations by establishing another, larger capacity mammalian cell culture manufacturing facility.
Bharat Electronics: Dinesh Kumar Batra, Director (Finance) and Chief Financial Officer, has taken on additional duties as President and Managing Director (CMD) of navratna defense PSU. As Director (Finance) and Chief Financial Officer, Batra led
to achieve its highest ever revenue of Rs 15,044 crore and profit after tax (PAT) of Rs 2,349 crore in the financial year 2021-22.
Krishna Institute of Medical Sciences: General Atlantic Singapore sold 16.60 lakh shares of the hospital chain at an average price of Rs 1,230 each for Rs 204.18 crore through an open market transaction, according to transaction data wholesale from NSE. Emerald Investments bought 15,70,000 shares at the same price.
Indian bank: The state-run lender has revised the marginal cost of funds-based lending rates (MCLR) from 0.10% to 7.75% on all maturities from Saturday, which will make most loans to more expensive consumption. It also revised benchmarked lending rates on treasury bills.
GMR Power and Urban Infra: The arm of GMR Enterprises said its board had given the go-ahead to raise up to Rs 3,000 crore through the issuance of securities. Approval was granted at the board meeting held on Thursday.
Ramco Systems: The enterprise aviation software provider announced that its US subsidiary Ramco Systems Defense and Security Incorporated has been awarded a contract by General Atomics Aeronautical Systems. Ramco will implement its MRO Aviation M&E V5.9 suite for GA-ASI’s SkyGuardian Global Support Solutions program.
GMCD: The state-owned mining company said it plans to conduct a study to determine the economic viability of setting up a rare earth element processing unit in Gujarat. Rare earth elements, also known as rare earth metals, are essential for the development of green energy technologies such as
for electric vehicles and wind turbines and LEDs.
SJVN: The state-owned utility company has expressed interest in developing 5,000 MW of renewable energy projects in Punjab.
Chairman and Managing Director Nand Lal Sharma met with Chief Minister of Punjab Bhagwant Mann in Chandigarh and expressed his keen interest in developing 5,000 MW renewable energy projects in the state.
SIS: Commercial services provider subsidiary SIS Australia Group has signed a share purchase agreement to acquire 85% of the shares of Safety Direct Solutions, which provides critical risk management, medical and training services . The company will complete the transaction by September 30 for AUD 5 million.
Olectra Greentech: The electric mobility company said its board had approved a plan to raise up to Rs 800 crore through the issuance of securities. The company seeks to increase the amount by issuing shares and/or by selling securities convertible into shares.
