Shriram Finance
Shriram Finance is planning to lift $1 billion (about Rs 8,300 crore) from abroad within the subsequent 6 months to fund its enterprise progress.
Suven Pharma
Suven Pharma obtained EIR from US FDA for Hyderabad-based manufacturing facility oa Arm Casper Pharma. The regulator categorized the inspection as Voluntary Motion Indicated (VAI) and has deemed it as closed.
Granules
Granules India’s Gagillapur Facility completes US FDA inspection with six observations
Tata Energy
Tata Energy-led Odisha Discoms have awarded contracts value Rs 11,481 crore to native contractors and suppliers.Godfrey Phillips
Bina Modi reappointed as MD of Godfrey Phillips with over 86% of shareholders (86.64%) voting in help of her reappointment.
Nazara Tech
Nazara Applied sciences has picked up a 48.42% stake in Paperboat for about Rs 300 crore.
SpiceJet
SpiceJet stated it should convert dues of Carlyle Aviation into fairness. Carlyle Aviation will buy SpiceJet shares to settle part of its dues value Rs 137.68 million.
Mazagon Dock
Mazagon Dock has bagged orders value Rs 1,486 crore from Oil & Pure Fuel Company (ONGC).
RBM Infracon
RBM Infracon obtained orders value Rs 3,498 crore together with Rs 3,371 crore for crude and Rs 127 crore for gasoline at Nandej from Oil and Pure Fuel Company.
JSW Power
JSW Power issued a company assure of as much as Rs 450 crore to JSW Power (Utkal) (JSWEL), a subsidiary of the corporate.
Suzlon Power
Suzlon Power acquired 51% of the fairness share capital of Renom. With the stated acquisition, Renom has now develop into a subsidiary of the corporate.
(Disclaimer: Suggestions, recommendations, views and opinions given by the consultants are their very own. These don’t characterize the views of Financial Instances)