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RIL’s 531 bln rupees Rights Issue get subscribed 1.59 Times @ 840 bln rupees

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Mukesh Ambani led Diversified Indian Conglomerate Reliance Group’s flagship company Reliance Industries Ltd said of having received overwhelming response to the company’s rights issue of 531.24 billion (~53,124.20 crore) rupees, which was offered to existing shareholders, which got

PERSISTENT SYS and IBM to accelerate Cloud Deployment & IT Modernization

PUNE / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Pune headquartered IT Consulting & Software services providing Indian company, Persistent Systems Ltd said of accelerating IBM Cloud Pak Deployment and Core IT Modernization for Enterprises alongwith IBM. In a press-release titled, “IBM and Persistent Systems to Accelerate

JINDAL STEEL’s MAY 2020 sales up 28% YoY @ 640K tonnes

NEW DELHI / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, New Delhi headquartered Diversified Indian Conglomerate Jindal Group’s steel & power arm Jindal Steel & Power Ltd (JSPL) said of having touched 640,000 tonnes mark sales in the month of May 2020, which is 28% high on

ZENSAR supports Destination:Home COVID19 relief initiatives in US

SAN JOSE (US) / PUNE / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Pune headquartered IT Consulting & Software services providing Indian company Zensar Technologies Ltd, said of having supported Destination:Home COVID19 relief initiatives in US. In a press-release titled, “Zensar supports Destination: Home in the US

GAIL inks pact with EESL for Trigeneration projects

NEW DELHI / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, New Delhi headquartered hydrocarbon sector public sector undertaking arm of Indian Government – GAIL (India) Ltd said of having inked pact with Energy Efficiency Services Ltd (EESL) for co-operation in development of Trigeneration projects in India. In

IEX electricity market MAY’20 volumes up 47% @ 6,005 MU

NEW DELHI / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, New Delhi headquartered Energy & Power trading platform Indian Energy Exchange (IEX) Ltd said of having traded 6,005 Million Units (MU) in May 2020, which is 20% up year-on-year (YoY) at an average pricing of 2.75 rupees

AMARA RAJA announces Performance linked Remuneration during COVID19 Crisis

HYDERABAD / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Hyderabad headquartered auto parts & equipment manufacturing Diversified Indian Conglomerate Group Amara Raja’s automobile battery manufacturing arm – Amara Raja Batteries Ltd said of having announced innovative performance linked annual remuneration during COVID19 crisis. In a press-release titled,

To treat neuromascular disorders, LUPIN inks drug distribution pact in EU

ZUG (SWITZERLAND) / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered pharmaceutical products manufacturing Indian company Lupin Ltd said of having inked distribution agreement in key European Union (EU) territories for a medicine to treat neuromascular disorders. In a press-release titled, “Lupin Signs Distribution Agreement in

HCL TECH inks 7yrs pact with SWISS Co, to sell its software to non-fin service cos

NOIDA / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Noida (Uttar Pradesh) headquartered IT Consulting & Software services providing Indian company HCL Technologies Ltd said of having inked exclusive agreement to market Temenos’ Multiexperience Development platform to non-financial services enterprises. In a press-release titled, “Temenos and HCL

L&T CONSTRUCTION converts Healthcare units into COVID19 Care Facilities

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Construction & Engineering major Indian company Larsen & Toubro Ltd said of its construction arm L&T Constructions having converted healthcare units into COVID-19 care facilities across New Delhi, Champaran, Madhepura in Bihar, Puducherry, Diamond Harbour in West Bengal

ASTER DM envisages business recovery from COVID19 by Q2FY2021

KOCHI / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Kochi (Kerala) headquartered pharmaceutical products manufacturing company Aster DM Healthcare Ltd said of having been impacted due to COVID-19 pandemic and envisages improvement in performance in second quarter (Q2 ~ Jul-Sep Quarter) of financial year 2020-2021. In a

IEX launches the much awaited real-time electricity market (RTM)

NEW DELHI / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, New Delhi headquartered Indian Electricity Exchange (IEX) said of having launched real-time electricity market, with an intent to help the power utilities buy & sell electricity just an hour before the requirement in 48 auction sessions during

US Court rules in favor of BIOCON’s partner MYLAN, for device patent dispute

BENGALURU / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Bengaluru headquartered biotechnology sector Indian company engaged in pharmaceutical products manufacturing Biocon Ltd said of its partner Mylan having received favorable ruling from US Patent and Trademark Appeal Board (US PTAB) on Sanofi’s Four Device Patents for Lantus®

TCS venture DIGITATE announced the release of SaaS based version of ignio™

SANTA CLARA (US) / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Diversified Indian Conglomerate headed by Sir Ratan Tata the Tata Group’s IT Consulting & Software Services arm Tata Consultancy Services (TCS) Ltd said of its software venture Digitate having announced the release of Software-as-a-Service

SUN PHARMA gets DCGI nod for clinical trials of med to treat COVID19 patients

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Vadodara (Baroda) Gujarat headquartered pharmaceutical products manufacturing Indian company headed by Dilip Sanghvi – Sun Pharmaceutical Industries Ltd said of having got a nod from DCGI (Drugs Controller General of India) for clinical trials of medicine to treat COVID19 infected

SUN PHARMA and its R&D arm ink global license pact for skin treatment

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Vadodara (Baroda) Gujarat headquartered pharmaceutical products manufacturing company Sun Pharmaceutical Industries Ltd and its research & development (R&D) arm Sun Pharma Advanced Research Company (SPARC) Ltd said of having entered into license agreement for SCD-044, a potential treatment for atopic

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