Shriram Finance
Shriram Finance is planning to raise $1 billion (about Rs 8,300 crore) from overseas throughout 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 Movement Indicated (VAI) and has deemed it as closed.
Granules
Granules India’s Gagillapur Facility completes US FDA inspection with six observations
Tata Power
Tata Power-led Odisha Discoms have awarded contracts worth 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 assist of her reappointment.
Nazara Tech
Nazara Utilized sciences has picked up a 48.42% stake in Paperboat for about Rs 300 crore.
SpiceJet
SpiceJet said it ought to convert dues of Carlyle Aviation into equity. Carlyle Aviation will purchase SpiceJet shares to settle a part of its dues worth Rs 137.68 million.
Mazagon Dock
Mazagon Dock has bagged orders worth Rs 1,486 crore from Oil & Pure Gasoline Firm (ONGC).
RBM Infracon
RBM Infracon obtained orders worth Rs 3,498 crore along with Rs 3,371 crore for crude and Rs 127 crore for gasoline at Nandej from Oil and Pure Gasoline Firm.
JSW Energy
JSW Energy issued an organization guarantee of as a lot as Rs 450 crore to JSW Energy (Utkal) (JSWEL), a subsidiary of the company.
Suzlon Energy
Suzlon Energy acquired 51% of the equity share capital of Renom. With the said acquisition, Renom has now develop right into a subsidiary of the company.
(Disclaimer: Strategies, suggestions, views and opinions given by the consultants are their very personal. These don’t characterize the views of Monetary Cases)
