Wipro to settle National Grid lawsuit for $75mn in the US.
ICRA proposing a buyback of shares on Aug 9.
IDBI Bank’s one section of officers proposes to go on strike for five days from August 6-10, 2018, while other section to go on strike for two days from August 9-10, 2018.
Premier Explosives bagged orders worth Rs68.9cr from Coal India.
Puravankara’s Goa arm received bookings for more than 800 units for residential project.
Tata Group and Dabur India to bid for Kraft Heinz $1 billion sale of India business. Cadila Healthcare arm shows interest in the Kraft Heinz offer for sale, a media report said.
Tata Consultancy Services’ board approved buyback. Record date fixed at Aug 18.
Thyrocare Technologies’ board has decided to buy back equity shares for an amount not exceeding Rs63cr (14.97% of equity capital) from shareholders (other than promoters & promoter group) at a price of Rs730 per share, through open market route through stock exchanges.
Indian Hume Pipe has received a letter of award for the work order of Rs468.58cr from Karnataka Power Corporation, Bangaluru for manufacture and supply to site, laying, jointing, testing and commissioning of 1,600/1,700 mm dia PCCP pipeline.
Birla Corporation's subsidiary RCCPL received an approval of board of directors to set up a 3.90mn tonnes greenfield integrated cement plant at Mukutban with 40MW captive power plant and 10.60MW waste heat recovery system.
Adani Enterprises incorporated a wholly owned subsidiary, Adani Agri Logistics (Dahod) to develop, operate and maintain Silos for storage of food grains at Dahod on DBFOO basis under PPP mode.
ENIL commenced broadcast from its radio station at Bharuch (92.3 FM), acquired under Phase 3 auctions.
Valecha Engineering bags an order worth Rs57.61cr.
Hinduja Ventures’ board approved to subscribe 4,48,00,602 equity shares of subsidiary IndusInd Media & Communication (IMCL) offered to the company on rights basis in the proportion of 5 new equity share for every 11 equity shares held (5:11) at a price of Rs100 per share.
Websol Energy System has commenced optimum production from August to operationalise 280MW of cell and 250MW of module line capacity.
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