Ø ONGC to invest INR 35bn in extracting gas lying below coal seams (CBM) in three coal-bed methane blocks in eastern India.
Ø Indian Railway signs INR 5bn pact with Coal India for the supply of 2,000 wagons.
Ø Tree House Education to merge with Zee Learn. Post this transaction with Zee Learn, promoters will hold 36.23% while the rest 63.77% will be held by public.
Ø Tech Mahindra to form JV with Mahindra Finance for payments bank.
Ø Wipro to acquire US-based business process as-a-service (BPaaS) provider Viteos Group for INR 8.6bn.
Ø Idea announced the launch of 4G LTE services in all five telecom service areas of South India. Telegana, Andhra Pradesh, Karnataka, Kerala and Tamil Nadu.
Ø Lupin received final approval from the US health regulator to market Potassium Chloride extended release capsules, used to treat potassium deficiency in the body, in the American market.
Ø Reserve Bank allowed foreign institutional investors to buy up to 49% stake in V-Mart Retail under Portfolio Investment Scheme.
Ø Piramal Enterprises announced acquisition of five brands from Organon India and MSD BV for INR 0.92bn to beef up its offerings in the OTC healthcare segment.
Ø Sanofi Pasteur received Food and Drug Administration of Philippines approval to market its Dengvaxia vaccine to be licensed for the prevention of dengue in Asia.
Ø L&T bagged orders worth INR 11.78bn across various segments in December, 2015.
Ø Azure Power won projects with 100 mw solar power capacity, which was recently put up for action by NTPC.
Ø Reliance Defense, Russia's USC to build four frigates for Indian Navy. warships will be built for ~$5bn at the shipyard at Pipavav in Gujarat that Reliance Defence acquired.You received this message because you are subscribed to the Google Groups "LONGTERMINVESTORSRESEARCH" group.
To unsubscribe from this group and stop receiving emails from it, send an email to longterminvestorsresearch+unsubscribe@googlegroups.com.
Visit this group at https://groups.google.com/group/longterminvestorsresearch.
For more options, visit https://groups.google.com/d/optout.
No comments:
Post a Comment