Kotak Mahindra | IndiGo
Kotak Mahindra Bank and InterGlobe Aviation (IndiGo) have launched a travel credit card – ‘Ka-ching’. Designed for those who love to travel, Ka-ching empowers customers to spend anywhere and redeem rewards for free IndiGo air tickets.
Adani Ports and Special Economic Zone
The company has signed a Share Purchase Agreement with Adani Transmission for divestment of a 100% equity stake of MPSEZ Utilities (MUL).
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State Bank of India (SBI)
The bank has received the executive committee of the central board’s approval to offload a 6 percent stake in its mutual fund subsidiary SBI Funds Management through an initial public offer (IPO).
Wipro
The company will acquire LeanSwift Solutions, a Florida, US-headquartered system integrator of Infor Products whose service capabilities include ERP, e-commerce, digital transformation, supply chain, warehouse management systems, business intelligence, and integrations.
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NTPC
The company has awarded the project of ‘Standalone Fuel-Cell based Micro-grid with hydrogen production using electrolyser’ at NTPC Simhadri (Andhra Pradesh). This will be India’s first Green Hydrogen-based Energy Storage Project.
Cipla
The company has acquired up to 33% of the partnership interest in Clean Max Auriga Power LLP. This agreement is in line with the company’s commitment to enhance the share of renewable power sources in its operation and to comply with the regulatory requirement for being a captive user under electricity laws.
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Jubilant Industries
After the permission from National Capital Region and Adjoining Areas (Commission), subsidiary Jubilant Agri and Consumer Products has restarted manufacturing operations of its Sahibabad plant.
TVS Motor Company
TVS Motor Company and BMW Motorrad are expanding their long-term partnership with the joint development of new platforms and future technologies, including Electric Vehicles.
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Sun Pharma
Its subsidiary has received final approval from US FDA for its abbreviated new drug application (ANDA) for generic Amphotericin B Liposome for injection.
Vakrangee
The company partnered with Pharmeasy to provide online medicines & healthcare services across its platform.