Under the Independent Power Producer (‘IPP’) Segment, KPI Green Energy Limited has signed a new long-term (20-year) Hybrid Power Purchase Agreement (PPA) for 1.845 MWAc capacity with M/s. Garrison Engineer, Military Engineer Services, Air Force Station, Jamnagar. It is a great honour for the company to serve the nation by providing M/s. Garrison Engineer, Military
IndiGo announced on Sunday that it is considering enabling codeshare connectivity to the United States and Canada through its partnership with Turkish Airlines. According to a senior official, the airline has received permission from the civil aviation ministry to wet lease up to two planes for flights to the United States and Canada. In response
Olectra Greentech Limited, a subsidiary of Megha Engineering & Infrastructures Limited (MEIL), announced on Monday that it has received a 1,000 crore order from the Telangana State Road Transport Corporation (TSRTC) for 550 pure electric buses. The buses will be delivered over the course of 16 months. “These orders for 500 electric buses and 50
Alembic Pharmaceuticals has received final FDA approval for its Abbreviated New Drug Application (ANDA) Fluorouracil Injection USP, 2.5 g/50 mL (50 mg/mL) Pharmacy Bulk Vial. The approved ANDA is therapeutically equivalent to Spectrum Pharmaceuticals, Inc.’s reference listed drug product (RLD), Fluorouracil Injection, 2.5 g/50 mL (50 mg/mL) (Spectrum). Fluorouracil Injection is used to treat patients
Samvardhana Motherson Automotive Systems, a subsidiary of Samvardhana Motherson International Limited, has fully acquired SMR Jersy, increasing its stake to 100% in the latest 1.55 percent stake purchase. According to Samvardhan Motherson International Ltd’s most recent exchange filing, its subsidiary Samvardhana Motherson Automotive Systems purchased an additional 1.55 percent stake in SMR Jersy for 18.4
Bajaj Electricals gained 1.98% to Rs 1,125 after its EPC business segment (power distribution) secured contracts for supply of goods and services worth Rs 564.87 crore from the South Bihar Power Distribution Company (SBPDCL). SBPDCL received the contracts through national competitive bidding under the revamped reforms-based and results-linked distribution sector scheme (RDSS). The order calls
Neogen Chemicals Limited and Livent Corporation announced today that Neogen will acquire a 100% stake in BuLi Chemicals India Pvt. Ltd (BuLi Chem) from Livent. BuLi Chem owns the technology for producing N Butyl Lithium and other organolithium products from lithium metal, which are key reagents for the lithiation reaction used in the production of
The gold bond scheme, which is issued by the RBI on behalf of the government, is only available to residents, HUFs, Trusts, Universities, and Charitable Institutions. The Reserve Bank of India (RBI) will open subscriptions for the Sovereign Gold Bond (SGB) Scheme 2022-23 – Series IV from March 6-10. The central bank stated in a
Computer Age Management Services Limited (CAMS), India’s leading technology infrastructure and services provider for financial services industry catering to mutual funds, alternative investment funds, portfolio managers, pension funds and the insurance industry announced the acquisition of a majority stake in Think Analytics India Private Limited (Think360 AI), a full-stack AI and data sciences firm, which
Mahanagar Gas has entered into definitive documents to acquire 100% of the shareholding of Unison Enviro (UEPL) through the purchase of shares from its existing shareholders, which will occur upon receipt of approval from the Petroleum and Natural Gas Regulatory Board (PNGRB/ Regulator) for 100% transfer of shares (unless otherwise agreed between the Company, UEPL,
