Reliance Industries clarified on the news regarding Department of Telecommunications rejecting Reliance Communication-Jio spectrum deal stating that a correspondence was received by the company from DoT on Dec. 18 with respect to application and the company is seeking appropriate clarifications in this regard.
Pfizer Inc entered into a joint venture agreement with GlaxoSmithKline Plc to create a global consumer company.
Jet Airways stocks in focus as board to meet today to discuss fund raising.
Alembic Pharma received zero observations under Form 483 from the USFDA for its API facility in Gujarat.
Canara Bank board decided to raise additional Tier I capital through Basel III compliant additional Tier I perpetual bonds in rupee terms for an amount not exceeding Rs3,000cr in single tranche or in multiple tranches, depending on the market conditions & subject to necessary approvals.
Uflex launched three packaging foil solutions for pharma companies. Executive Director Amitava Ray said that the ‘fast tear strip’ foil will prove to be a game-changer for the pharma industry globally and they saw a potential growth market of 5,000 tons annually in India.
Coal India seeks to buy coking coal mines in Australia and Canada. The state run-miner has identified “certain assets’, which are under different stages of due diligence, Coal Minister Piyush Goyal tells lawmakers in a written reply to questions, as per media reports.
Allcargo Logistics board decided to explore the emerging business opportunities related to Container Freight Stations, Inland Container Depots and Logistics Parks in India.
Tata Consultancy Services launched Cloud Solutions Program in Canada. This solution provides cloud infrastructure and secured functioning between premise and public cloud environment.
JSW Steel said that NCLT approved the resolution plan in the insolvency resolution process for Vardhman Industries.
KPIT Technologies said that NCLT approved the merger plan with Birlasoft, which will then split into two-publicly traded companies.
Thomas Cook board approved amalgamation of its three arms with self. The board also gave a nod to the demerger of the inbound business of the company to SOTC Travel and demerger of company’s Human Resources Services Business to Quess Corp.
Om Metals received Rs615cr EPC contract from water resources department, Government of Rajasthan.
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