Bombay Dyeing and Manufacturing Company: The firm authorised the proposal to promote the land parcel of about 22 acres in Worli, Mumbai to Goisu Realty Private Limited (a subsidiary of Sumitomo Realty & Development Company Limited) in 2 phases, for a complete consideration of about Rs 5,200 crore. BDMC will obtain about Rs 4,675 crore in Phase-I and the remainder in Phase-II.
Venus Remedies: The firm introduced its recent registration with the Department of Scientific and Industrial Research (DSIR), an Indian authorities physique. This will assist the corporate to avail customs obligation exemptions.
Wipro: The firm introduced the launch of its Cyber Defense Center (CDC) in Dusseldorf, Germany. Wipro’s CDCs are positioned across the globe to supply localised assist and fulfil prospects’ cybersecurity and compliance necessities.
NBCC (India): The firm has signed a quadripartite MoU with the Ministry of Steel (MoS) Govt. of India, Rashtriya Ispat Nigam Limited (RINL) and National Land Monetization Corp. Ltd. (NLMC) for monetization of the non-core belongings of RINL at Vishakhapatnam. As per MoU, NBCC would act as technical cum transaction advisor and help Ministry of Steel (MoS), RINL and NLMC within the monetisation of Non-core belongings of RINL available at Vishakhapatnam.
United Spirits: The beverage firm stated much like earlier monetary years, it has acquired VAT & CST evaluation orders for FY21. As per the orders, the tax authority has denied the enter tax credit score taken by the corporate on ENA (further impartial alcohol) bought on the bottom that ENA is topic to GST and raised VAT demand of Rs 98,48,321 (together with penalty of Rs 12,000) and CST demand of Rs 5,99,36,965 (together with penalty of Rs 2,000). The firm will probably be taking applicable steps sooner or later to contest the matter.
Shree Cement: CARE Ratings has reaffirmed the proposed Non-Convertible Debentures (NCDs) ranking of Rs 700 crore CARE AAA; Stable (Read as Triple A, Outlook: Stable).
Filatex Fashions: The firm authorised the allotment of 157 crore shares at Rs 14.08 per share elevating Rs 2,211 crore from as many as 197 buyers together with promoters, establishments and particular person buyers. Key buyers are Prabhat Sethia (Promoter) and Madhusudan Securities.
Vinati Organics: The firm has subscribed an extra 1,11,60,000 totally paid-up fairness shares of the face worth of Rs 10/- every at par, amounting to Rs 11,16,00,000/- by means of subscription in the direction of the rights problem of Veeral Organics Pvt. Ltd. an entirely owned subsidiary.
NIIT: NIIT Canada, an entirely owned subsidiary of NIIT Learning Systems, introduced the profitable implementation of its Xsel Learning platform in collaboration with CENTURY 21 Heritage Group. The firm stated that the launch of Xsel marks a major development in actual property training pedagogy and know-how, bringing revolutionary digital studying options to the CENTURY 21 Heritage Group.
Lloyds Steels Industries: Lloyds Engineering Works, previously generally known as Lloyds Steels Industries has entered into settlement with Bhabha Atomic Research Centre (BARC) for switch of know-how. The license will support the corporate in executing orders associated to desalination. Also, this license is legitimate for 5 years from the date of graduation of the settlement.
Bajaj Healthcare: The firm has acquired the Establishment Inspection Report (EIR) from the USFDA for the pre-approval inspection (PAI) at manufacturing website at Savli, Vadodara, Gujarat, with zero 483 observations. The pre-approval inspection was carried out by the USFDA in November 2022 on the stated API manufacturing facility.
Kirloskar Ferrous Industries: The decision plan submitted by Kirloskar Ferrous Industries, for Oliver Engineering (the company debtor), has been authorised by the National Company Law Tribunal, New Delhi Bench, and the stated order has been acquired by the corporate on September 13, 2023. The stated plan was authorised by the Committee of Creditors of the company debtor. Oliver Engineering is engaged within the business of ferrous casting and machining and has a producing facility in Punjab.
KPI Green Energy: The firm has commissioned 7.80MW wind-solar hybrid energy venture comprising 4.20MW wind and three.60MWdc photo voltaic capability for the shopper Mono Steel India, Surat beneath captive energy producer (CPP) business section.
Digispice Technologies: Binu Varghese has been appointed as Vice President – Legal, within the firm, with impact from September 13.
