Zomato:
Zomato Australia Pty Limited, a subsidiary based in Australia, has been deregistered effective from June 11, 2023.
Tata Chemicals:
Tata Group’s subsidiary, Tata Chemicals, has reduced the prices of Soda Ash by Rs 2,300 per metric tonne. Nirma, a renowned detergent manufacturer, has also announced a price cut of Rs 2,000 per metric tonne for Soda Ash.
Kotak Mahindra Bank:
The private sector lender, Kotak Mahindra Bank, will hold a meeting on June 16 to discuss raising funds through the issuance of non-convertible debentures or bonds on a private placement basis.
Capacite Infra:
NewQuest Asia Investments has sold 32 lakh shares, equivalent to 4.7 percent equity, of Capacite Infra at a price of 190 per share. Societe Generale purchased 24.1 lakh shares in this transaction.
KEC International:
KEC International has secured new orders worth Rs 1,373 crore across its railways, civil, transmission and distribution, and cables businesses.
Zydus Lifesciences:
The US FDA has completed its inspection at Zydus Biotech Park’s injectables manufacturing facility in Changodar, Ahmedabad. The facility received no observations during the inspection, which took place from June 5 to June 13, 2023.
LTIMindtree:
LTIMindtree, an IT major, has joined the Microsoft Intelligent Security Association (MISA). This collaboration will enable LTIMindtree to enhance its MDR platform by leveraging Microsoft’s security product portfolio to better defend against cyberattacks in real time.
Dhampur Sugar Mills:
Dhampur Sugar Mills has completed the expansion of its grain-based distillery capacity of 100 KLPD at its unit in Dhampur, Uttar Pradesh. The enhanced capacity can be utilized for molasses, syrup, and grain interchangeably.
Anupam Rasayan:
Anupam Rasayan has received a Letter of Intent for a project worth Rs 2,186 crores from a leading Japanese Speciality Chemical company. The project involves the supply of a new age patented life science active ingredient, which will undergo validation for the next eighteen months before commencing supply in CY2025.