Spandana Sphoorty’s board to consider fund raise on September 21
Happiest Minds Technologies announces commissioning of a 183kWp Solar Power Plant at its Smiles 2 campus in Madivala, Bengaluru
The 183 kWp solar power plant deployed by EcoSoch Solar will generate 256 MWh of electricity per year and is estimated to reduce 210 MT of carbon emissions annually and 5200 MT over its lifecycle.
Shilpa Medicare gets tentative US FDA nod for Tenofovir Alafenamide tablets, used for treatment of chronic Hepatitis B virus infection
European markets slide 1%Following global cues, European markets too are trading lower. The pan-European Stoxx 600 fell 1.1 percent, with all sectors in the red. U.K.’s FTSE 100 was down 0.4 percent, Germany’s DAX down 1.19 percent and France’s CAC 40 fell 0.95 percent in the opening session.
Patanjali Foods’ five-year plan fails to enthuse D-StreetVision 2027-Expect Patanjali’s Group turnover to reach Rs 1 lakh crore in next 5 years
-Will list Patanjali Ayurved, Patanjali Medicine, Patanjali Wellness & Patanjali Lifestyle
-Target is to set up 1 lakh Patanjali Wellness centers
Holcim closes India divestment: Adani Group has acquired Holcim’s full stakes in Ambuja Cement and ACC
Holcim has closed the sale of its business in India to the Adani Group, comprising its full stakes in Ambuja Cement at a share price of Rs 385 and in ACC at a share price of Rs 2,300, resulting in cash proceeds of $ 6.4 billion for Holcim.
“This transaction strengthens Holcim’s balance sheet and enables the company to continue its acquisition strategy, building on recent investments of over CHF 5 billion in Solutions & Products,” the company said in a press release.
Tata Metaliks gains 2.5 percentThe company announced that Phase-I of expansion project of Ductile Iron (DI) pipe plant at Kharagpur has been inauguarated. This Rs 600 crore expansion project will take the company’s Ductile Iron Pipe plant capacity to over 4 lakh tonnes per annum in two phases.
Zydus receives tentative approval from the USFDA for Sugammadex Injection, used to reverse the effects of muscle relaxants
United Breweries Large Trade | 3.67 lakh shares worth Rs 60.59 crore change hands at Rs 1,650.5 per share
Enforcement Directorate freezes Rs 46.66 crore held in merchant accounts of Paytm, Cashfree, Easebuzz and Razorpay; Paytm down 3 percent in trade
Nifty IT down 2.3 percent; Tech Mahindra, Infosys, TCS top losers
MC Exclusive | Manforce condoms maker Mankind Pharma files papers for $700 mn plus IPO; one of the biggest ever in sector
In 2015, Capital International had purchased a 11 percent stake in Mankind Pharma from ChrysCapital for $200 million. In April 2018, a ChrysCapital-led consortium, which included GIC and CPPPIB, made…