Wipro, Sun Pharma, APSEZ, Indiabulls Housing Finance in focus


Wipro announced the signing of an agreement to acquire LeanSwift Solutions, an Infor Products systems integrator based in Florida, USA, whose service capabilities include ERP, e-commerce, digital transformation, supply chain, warehouse management systems, business intelligence and integrations.

ICICI Bank said that the Reserve Bank of India imposed a fine of Rs 30 lakh on the bank for failing to comply with certain instructions issued by the RBI on “levying criminal charges on failing to meet minimum balance of bank accounts savings ”.

The Board of Directors of Power Grid Corporation of India has approved the payment of an interim dividend of Rs. 7 per share for fiscal year 2021-2022.

Sun Pharmaceutical Industries announced that one of its wholly owned subsidiaries has received final approval from the United States FDA for its Abbreviated New Drug Application (ANDA) for Generic Amphotericin B Liposome for Injection, Vial single dose of 50 mg / vial.

Cipla announced that it has acquired up to 33% stake in Clean Max Auriga Power LLP (Limited Liability Partnership). Clean Max Auriga Power LLP is a special purpose vehicle engaged in the activities of generation, supply and distribution of solar and wind power plants or other renewable energy production plants.

Adani Ports and Special Economic Zone (APSEZ) signed a share purchase agreement with Adani Transmission (ATL) on December 15, 2021 for the sale of 100% of the capital of MPSEZ Utilities Limited (MUL).

Indiabulls Housing Finance founder Sameer Gehlaut is reportedly selling an 11.9% stake in the company via a block window deal on December 16. The size of the deal is expected to be around Rs 1,500 crore.

Vakrangee Digital Ventures Limited (100% subsidiary of Vakrangee) has partnered with PharmEasy (Axelia Solutions Private Limited) to provide medicines and e-health services to the unserved and underserved Indian population.

Powered by Capital Market – Live News

(This story was not edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear reader,

Business Standard has always strived to provide up-to-date information and commentary on developments that matter to you and have broader political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these difficult times resulting from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative views and cutting-edge commentary on relevant current issues.
However, we have a demand.

As we fight the economic impact of the pandemic, we need your support even more so that we can continue to provide you with more quality content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscriptions to our online content can only help us achieve the goals of providing you with even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital editor

Source link


About Author

Comments are closed.