Dilip Buildcon: The Supreme Court has in effect confirmed appointment of Dilip Buildcon & VPR Mining Infrastructure, as the mine developer cum operator, by Punjab State Power Corporation at the Pachhwara Central Coal Block Mine. The total contract value of the tender is Rs 32,156.04 crore, excluding taxes.
YES Bank, Dish TV: YES Bank, the largest shareholder of Dish TV India, has asked the satellite television service provider to hold an extraordinary general meeting (EGM) of shareholders and act on its recommendations to reconstitute the company’s board.
Vodafone Idea, Bharti Airtel: India’s largest telecom operator Reliance Jio added mobile subscribers at a scorching pace in July, outpacing rivals, and Airtel also spruced up its user tally, even as Vodafone Idea lost 14.3 lakh customers, according to data released by regulator Trai on Thursday.
Adani Enterprises: The company announced the incorporation of wholly-owned arm ‘Adani Digital Labs Pvt Ltd’ (ADLPL). ADLPL is yet to commence its business operations, the company said in a filing to the BSE.
Vedanta: The company said it is looking to delist its American depositary shares. Upon delisting of its ADS program, the company will concentrate all trading of its equity shares on BSE and the NSE in India. The company’s board has taken into account the recent low trading volume of its ADSs on the NYSE and the associated costs of maintaining the listing and related obligations.
Coal India: State-owned CIL on Thursday said its subsidiary Northern Coalfields Ltd (NCL) has joined hands with power major NTPC to install a 50 MW solar power project in Madhya Pradesh.
UltraTech Cement: The cement maker has set a target to source 100% of its electricity requirement through renewable energy by 2050 as the company commits to Climate Group’s RE100 initiative at Climate Week NYC 2021.
SBI Card: Fuel retailer BPCL and SBI Card on Thursday announced the launch of a co-branded RuPay contactless credit card, offering fuel and other benefits. Bharat Petroleum Corporation Limited (BPCL) and SBI Card have joined hands to launch the ‘BPCL SBI Card co-branded RuPay Contactless Credit Card’, according to a joint release.
