Dr. Reddy’s Laboratories: The business introduced DailyBloom IBS, India’s first integrated irritable bowel syndrome care plan, as a disease management program.
Tata Steel: The NCLT has given its approval for Angul Energy to merge with the business.
Central Bank of India: Aditya Birla Sun Life AMC and the company inked a distribution agreement for mutual fund products.
Laurus Labs: The USFDA has concluded its examination of the Andhra Pradesh-based facilities used by the company to manufacture APIs. The period of the examination was April 15–19. The examination was effectively concluded with no 483 observations.
NTPC: To establish a joint venture for green energy goals, the company’s unit, NTPC Green Energy, strikes a deal with Indus Towers. The business will investigate renewable energy initiatives with Indus Tower JV. By 2032, the corporation hopes to have 60 GW of capacity for renewable energy.
KPIT Technologies: The business has successfully paid Rs 191 crore to acquire PathPartner Technology.
Aditya Birla Fashion and Retail: The demerger of Madura Fashion and Lifestyle into Aditya Birla Lifestyle Brands, a distinct listed entity, was approved by the board.
Allcargo Gati: The overall volume, which includes air express and surface cargo, was 111 kt, a 3% YoY increase.
Sterlite Technologies: An Rs 145 crore lawsuit was turned down by the arbitrator against BSNL.
Ujjivan Small Finance Bank: The National Company Law Tribunal approved the company’s plan to amalgamate with Ujjivan Financial Services.
Sanghvi Movers: Sham Dattatraya Kajale, who was joint MD and CFO, has resigned from that role and will remain CFO.
USFDA approves Lupin’s generic tablet launch for overactive bladder.
Geeta Mathur is once again named as an independent director by InfoEdge.
JSWEnergy | Arm NTPC sends JSW Neo Energy an award letter for 700 MW of connected solar capacity via ISTS.
HDFC Bank intends to use debt instruments to raise ₹60,000 crore.
Q4 performance for HDFC Bank: While provisions increase, net profit is unchanged, and the lender declares a ₹19.5 per share dividend.
Starting today, Axis Bank will devalue several credit cards, add additional reward exclusions, and change the conditions for lounge access.
For ₹315 crore, UltraTech Cement will purchase a grinding facility from India Cements.
India Cements will sell a grinding machine to UltraTech Cement with an installed capacity of 1.1 mtpa. for 315 crore rupees. For the aforementioned transaction, the corporation and the seller have engaged into an Asset Purchase Agreement.
Preliminary Reliance Jio Q4 results: Addition of about 11 million users is anticipated; focus is on rate increases and IPO plans
Zomato is hit with a ₹11.81 crore GST demand and penalty order covering the period from July 2017 to March 2021.
ICICI Bank would think about using debt securities to raise money.
IREDA Q4 Findings Net interest income rises 35% while net profit soars 33%.
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