Ethos Limited has acquired a 100% stake in SILVERCITY BRANDS AG, a Swiss stock corporation with its registered office at Allerheiligenstrasse 30, 2540 Grenchen, Switzerland. As a result, as of March 31, 2023, SILVERCITY BRANDS AG has become the Company’s wholly owned subsidiary body corporate.
Power Grid Rampur Sambhal Transmission, (a wholly owned subsidiary of Power Grid Corporation of India, secured an intra-state TBCB project in Uttar Pradesh through tariff-based competitive bidding) has been tasked with establishing a transmission system for the construction of 765/ 400/ 220 kV (GIS) substations in Rampur and Sambhal, as well as associated transmission lines,
The Life Insurance Corporation of India has increased its stake in Bata India from 57,48,071 to 64,36,692 equity shares, increasing its stake in the company’s paid-up capital from 4.472% to 5.008%, according to ET NOW. On Friday, Bata India shares closed at Rs 1,417 on the NSE, up Rs 10.25 or 0.73%. Meanwhile, LIC’s stock
Bharat Heavy Electricals (BHEL) has received a letter of intent (LOI) for the supply of strategic equipment for the defence sector worth Rs.3,700 crore over the next 12 years.
In the month of March 2023, NCC Limited received 5 new orders totaling Rs. 1919 crore (excluding GST). There are two orders worth Rs. 952 crore in the Transportation Division, two orders worth Rs. 792 crore in the Electrical Division, and one order worth Rs. 125 crore in the Building Division. These orders are from
Godrej Properties has increased its stake in Wonder City Buildcon (WCBPL) and Godrej Home Constructions (GHCPL) equity share capital from 25.10% to 74%. As a result of the acquisition, WCBPL and GHCPL have become subsidiaries of the Company as of March 29, 2023. Existing shareholders acquire 5,45,82,762 equity shares of Rs 10 each, representing 48.90%
The approved ANDA is a generic version of Gilead Sciences, Inc.’s Vemlidy Tablets. In patients with compensated liver disease, tenofovir alafenamide is used to treat chronic hepatitis B virus (HBV) infection. The drugmaker stated that the product will be manufactured in India at its Nagpur facility.Tenofovir Alafenamide Tablets had an estimated annual sales of $531
Bharat Dynamics Limited (BDL) has signed a contract with the Ministry of Defence, Government of India, for the production and supply of the Akash Weapon System to the Indian Army worth Rs 8161 crore. The contract, which was signed in New Delhi, is for two Indian Army regiments. The order must be carried out within
Tata Power Solar Systems Limited (TPSSL), one of India’s largest integrated solar companies, has received a Rs 1,755 crore Letter of Award (LoA) for a 300 MW Domestic Content Requirement (DCR) based EPC project for NLC India Limited (NLCIL), formerly known as Neyveli Lignite Corporation Limited, as part of the CPSU scheme. The project, located
ONGC Limited has placed orders with Maharashtra Seamless Limited for the supply of seamless casing pipes totaling Rs. 537 crores. As required by ONGC Ltd, these pipes must be supplied in a number of states, including Maharashtra, Gujarat, Rajasthan, West Bengal, Andhra Pradesh, Assam, and Tripura.
