Larsen & Toubro: The engineering major said its wholly-owned arm has won an order from
. The contract is for engineering, procurement, construction and commissioning of two LNG storage tanks with a capacity for Phase III B of the Dahej Expansion Project at Dahej, Gujarat, the company said.
Adani Ports: The fair trade regulator CCI approved acquisition of over 10 per cent stake in Gangavaram Port Ltd by and Special Economic Zone Ltd. The 10.4 per cent equity shareholding would be acquired from the government of Andhra Pradesh.
HCL Technologies: The company announced a five-year, digital transformation deal with MKS Instruments Inc., a global provider of instruments, systems, subsystems, and solutions for advanced manufacturing processes, to improve performance, productivity, and speed to market.
Yes Bank: The private sector lender announced a partnership with Visa for credit card issuances, in line with peers who are signing up with the payments major after a regulatory ban on Mastercard.
& Power: The metal maker said it has upgraded the rail inspection technology at its Raigarh plant in Chhattisgarh. The inspection capacity of rails has increased to one million tonnes per year, the company said.
Cadila Healthcare: The drug maker said its subsidiary has inked a pact with Integrace to sell two brands — Mifegest and Cytolog. Zydus Healthcare Ltd, a wholly-owned subsidiary of the company, has inked the agreement with Integrace.
AU Small Finance Bank: The private lender said it has issued over 40,000 credit cards since its launch a few months back, and more than half of them are first time users.
Venture: Ace investor Rakesh Jhunjhunwala has offloaded additional 0.44 per cent stake or 98,094 equity shares in the textile and garments manufacturer.
Tata Communications: The Tata Group firm announced `pay-as-you-go’ feature on Ethernet network services in India. This enables enterprises to self provision additional capacity on a pay-as-you-go model to meet short term bandwidth needs conveniently through a self-service customer portal, the company said.
Action Construction Equipment: The company launched its Qualified Institutions Placement for fundraising. The floor price has been fixed at Rs 254.55 per share for the offer.
Texmaco Rail & Engineering: The flagship company of the Adventz Group plans to diversify into the services segment, primarily in areas like track maintenance, and expand in rail signaling.
