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

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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.

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

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