Idea from Vodafone, Bharti Infratel: The merger of Bharti Infratel and Indus Towers to create a mega tower company was completed, and the indebted Vodafone Idea (VIL) received around Rs 3,760 crore in cash for its 11.15 percent stake in Indus, according to a regulatory document.
LVB: Suggestions and objections from Lakshmi Vilas Bank and DBS Bank India members, depositors and other creditors on the draft merger scheme will be submitted before 5pm on November 20.
Gland Pharma: The company, whose IPO took place from November 9 to 11, will debut on the market today. The issue, sold in the range of Rs 1,490-1,500, was subscribed 2.06 times in the three-day bidding process with HNI and largely unsubscribed retail fees.
L&T, GMR Infra and Welspun: Companies such as L&T, GMR and Welspun are among the top companies that have been eligible to participate in the RFP stage for private participation in passenger train services in 12 groups comprising 151 trains, according to an official statement Thursday.
Mphasis: The IT firm said its subsidiary Mphasis Consulting Ltd has acquired UK-based Datalytyx for up to 13.3 million pounds (approximately 130.4 million rupees). The acquisition is expected to provide access to strengthen Mphasis’ next-generation Data GTM strategy and provide a higher-value partnership status. with Snowflake and Talend for cloud-based data services, a regulatory document said.
Apollo Hospitals: The main group of hospitals Apollo Hospitals Group and Tata Medical and Diagnostics (TataMD) announced a collaboration to introduce the ‘TataMD CHECK’ diagnostic test for Covid-19 in the country, which will provide faster results.
Syngene International: Syngene International said it has signed an agreement with Deerfield Discovery and Development Corporation (3DC) to collaborate for five years to promote therapeutic discovery projects.
Mahindra Holidays and Resorts: PPFAS Mutual Fund sold 21,30,236 shares of Mahindra Holidays and Resorts at Rs 183.04 per share, while Unifi Capital bought 15.50,000 shares at Rs 183 per share.
Dependency Industries: Billionaire Mukesh Ambani’s Reliance Industries said it has completed the sale of about 10 percent of its retail unit to a group of foreign investors for 47,265 crore.
Muthoot Finance, Manappuram Finance: The RBI said it imposed a 10 lakh rupee fine on Muthoot Finance, Ernakulam, for failing to comply with instructions on maintaining loan-to-value on gold loans and obtaining a copy of the borrower’s PAN card while granting gold loans of more than Rs. 5 lakh. The central bank also imposed a fine of Rs 5 lakh on Manappuram Finance, Thrissur, for failing to comply with instructions on verifying ownership of gold jewelry.
Infosys: Simplus, an Infosys company, said it has collaborated with Salesforce for a vaccine management cloud solution. The solution has been built on the Salesforce platform to support Salesforce Work.com for vaccines as the COVID-19 pandemic continues.
OSE: State Bank of India, the country’s largest lender, said it signed a memorandum of understanding (MoU) with the Luxembourg Stock Exchange (LuxSe) to establish a long-term cooperation mechanism and promote ESG (environmental, social and social governance). corporate) and Finance.
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