To Watch

To Watch

Yes Bank: The private lender has concluded assignment of Rs 48,000 crore worth of stressed assets to JC Flowers Asset Reconstruction Co.

Sun Pharmaceuticals: The company received warning letter from USFDA for the Halol facility, which is under import alert by the regulator, summarising violations with respect to Current Good Manufacturing Practice regulations.

GMR Airports Infrastructure: GMR Airports International BV, a stepdown subsidiary of the company, y received Rs 1,389.90 crore against the sale of shares in GMR Megawide Cebu Airport Corporation and the issuance of exchangeable notes to Aboitiz InfraCapital Inc.

Shilpa Medicare: The company launched Capecitabine 1000 MG dispersible tablet with faster dispersion technology. 

Tata Motors: Bengaluru Metropolitan Transport Corporation signed a definitive agreement with the company’s subsidiary TML Smart City Mobility Solutions for operating 921 electric buses in Bengaluru

The Phoenix Mills: The company completed acquisition of a 7.2-acre land parcel in Surat, Gujarat for Rs 510 crore. 

Dilip Buildcon: The company received an new order worth Rs 1,647 crore for four-laning of Karimnagar Warangal Section of NH-563 in Telangana. The company also received an order worth Rs 1,955 crore for construction of four lane Urga-Pathalgaon section of NH-130A under Bharatmala Pariyojana' in Chhattisgarh. It received another order worth Rs 1,589 crore for development of six-lane Maradgi S Andola to Baswantpur (Package -III of Akkalkot-KNT/TS Border) in the state of Karnataka.

Tech Mahindra: The company will sell 100% stake in subsidiary Dynacommerce Holdings to step down subsidiary Comviva Netherlands BV for €6.6 million. 

HDFC Bank: The board will meet on Jan. 14 to consider and approve the financial results for quarter ended Dec. 31, 2022.