From Cipla receiving seven observations from the US Food and Drug Administration to Varun Beverages plans to enter the alcoholic beverages business; t…
1/8Cipla | The firm has received seven observations from the US Food and Drug Administration (USFDA) following a follow-up inspection of its manufacturing facility in Pithampur, Madhya Pradesh.
2/8Varun Beverages | The firm is set to enter the alcoholic beverages business, marking a diversification beyond the soft drinks and non-alcoholic beverages it is best known for.
3/8Billionbrains Garage Ventures | Ribbit Capital has launched a block deal to sell a 1.6% stake in Billionbrains Garage Ventures, the parent company of investment platform Groww, in a transaction valued at ₹1,914 crore. The shares are being offered at a floor price of ₹195 apiece, according to the terms of the deal. The floor price is the minimum price at which Ribbit Capital is offering the shares to investors.
4/8Tata Motors Passenger Vehicles | TMPV and Tata Communications have announced a collaboration to power the newly launched Sierra.ev with built-in 5G cellular connectivity, as the automaker looks to enable connected and software-defined vehicle capabilities.
5/8Hindustan Copper | The OFS in Hindustan Copper received a strong response from institutional investors, with the issue oversubscribed 3.41 times on the first day. DIPAM Secretary said the government has decided to exercise the entire green shoe option, while retail investors and employees will be eligible to bid in the OFS on August 26.
6/8JSW Energy | The Supreme Court has deferred the hearing of a plea filed by Maharashtra State Electricity Distribution Company (MSEDCL) against a Maharashtra Electricity Regulatory Commission (MERC) order directing it to pay around ₹600 crore to JSW Energy in a tariff dispute.
7/8Advait Energy Transitions | The firm has received a ₹134.62 crore turnkey contract, including taxes, from Madhya Pradesh Power Transmission Co. Ltd. (MPPTCL) for the design, manufacturing and supply of Emergency Restoration Systems (ERS) suitable for 400kV, 220kV and 132kV extra-high voltage (EHV) lines, along with accessories. The domestic order is to be executed within 18 months.
8/8United Breweries | The firm, part of HEINEKEN, has expanded Heineken Silver to Kerala, Odisha and Madhya Pradesh. The company said the expansion follows demand for the brand in markets where it is already available.
