Bajaj Finance: The Reserve Bank of India has lifted restrictions on the company’s eCOM and online digital Insta EMI card products with immediate effect.
* Adani Energy: * The company has signed an agreement with Windson Project to acquire Pointleap Projects for Rs 1,315 crore.
* Max Estates: * The company’s unit has signed a contract for a residential development project in Gurugram with a GDV potential of over Rs 9,000 crore.
* UGRO Capital: * The company plans to raise Rs 1,323 crore through CCD and warrants and acquisitions.
‘MyShubhLife’ has a total value of 45 billion rupees.
* Mazagon Dock Shipbuilders: * The company has received an international shipbuilding order worth $42 million to build three hybrid-powered ships.
*Hindustan Unilever:* HUL has appointed Vipul Mathur as Executive Director, Personal Care with effect from June 1.
* Wipro: * The company plans to introduce Wipro’s Medicare prescription payment plan platform for the upcoming open enrollment period.
* Indian Energy Exchange: * The company achieved an overall trading volume of 9,044 MU in April, up 14.1% YoY, and REC trading volume of 618 MU (up 211% YoY).
* Jubilant Pharmova: * The company has appointed Harsher Singh as CEO of its radio pharmaceutical business.
* Gujarat Industries Power:* The company has signed a loan agreement worth Rs 283.2 billion with the National Bank to finance infrastructure and development.
* Moil: * The company reported a 22% year-over-year increase in April production and a 17% year-over-year increase in sales.
* KEl Industries: * The company partners with BRUGG to manufacture EHV cables up to 400 kV.
* Zydus Lifesciences: * Company to sell shares worth Rs 282 million in joint venture Bayer Zydus Pharma
After the share sale, Bayer Zydus Pharma will no longer be a joint venture of the company.
* Birla Corporation: * The company has approved scope restructuring for second phase expansion of existing capacity of its crushing cement plant in Uttar Pradesh. An investment of Rs 425 million will be made in this expansion.
* Suzlon Energy:* The company has approved its merger with Suzlon Global Services.
* TVS Holdings:* The company plans to acquire the remaining 10.74% stake in Emerald Haven Realty from Sandwood Investments for Rs 4,116 crore.
* Aptech: * The Board of Directors has approved the merger of Arm MEL Training and Assessments, Aptech Ventures, and Aptech Investment Enhancers.
* Goodyear India: * CFO Manish Mandla resigns effective June 30th.
