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National Company Law Tribunal, Mumbai Bench (NCLT) has sanctioned the Scheme of Amalgamation of Hinduja Global Solutions' (HGS) wholly owned subsidiary -- HGS International Services with the Company and their respective shareholders.

HGS is a global leader in business process management (BPM) and optimizing the customer experience lifecycle, HGS is helping make its clients more competitive every day.

Nandan Denim’s Promoter Vedprakash Chiripal has acquired 43,500 equity shares or 0.09% in the company through open market on June 18, 2018. With this acquisition, the entity’s stake has been increased from 20,34,285 equity shares or 4.23% to 20,77,785 equity shares or 4.32%.

Nandan Denim is an India-based denim manufacturer. The company's products include shirting fabrics, engineered khakis and denim home.

Southern Petrochemicals Industries Corporation (SPIC) has entered into Gas Transportation and Tie-in Agreements with Indian Oil Corporation (IOCL) on June 18 for transportation of Natural Gas (NG) from the gas fields of ONGC in Ramanathapuram to the company’s plant in Tuticorin, as and when the NG pipeline infrastructure is completed and NG is made available.

SPIC since its founding has been providing product and services that feed, nourish, and protect the agriculture and rural ecosystem. The company is now a well diversified one with area of businesses spreading from fertilizers to pharma.

SpiceJet has launched 14 new domestic flights. The company will strengthen its network across South and West India using a mix of its fleet of Boeing 737 and Bombardier Q-400 aircraft. The company is set to introduce new direct flights on the Chennai-Rajahmundry, Hyderabad-Calicut, Bengaluru-Tuticorin and Pune-Patna sectors, effective from July 1.

Further, budget passenger carrier will also enhance its operations on the Delhi-Patna (second frequency), Bengaluru-Rajahmundry (second frequency) and Mumbai-Bengaluru (fifth frequency) sectors with non-stop additional frequencies.

SpiceJet is among the first private companies that stepped into the Indian aviation sector.

Hi-Tech Pipes has started commercial production of galvanising facility of ERW steel pipes in full swing at Hindupur in state of Andhra Pradesh. The total installed galvanising capacity is 25,000 mtpa. This facility will enable the company to produce value added products with higher margins and target new markets.

Hi-Tech Pipes, is one of India's leading producers and suppliers of steel pipes, hollow sections, tubes, cold rolled coils and strips and a variety of other galvanized products. 

Amarjothi Spinning Mills has enter into partnership with Kanagathra Wind Farms, partnership firm and to make investment of Rs 74,000 with 27% controlling interest by way of Capital contribution as a partner.

Amarjothi Spinning Mills is engaged in the manufacturing and marketing of melange Yarn in India and internationally.

PTron has appointed Playtime Electronics as its 6th lead distributor in India, covering Hyderabad/ Telangana regions. The other 5 lead distributors of PTron are located in New Delhi, Chennai, Ahmedabad, Pune and Jaipur. The total count of distributors for PTron products has crossed 40, spread over 12 states in the country, in a short span of 6 months.

The existing distribution channel is able to reach over 700 retail outlets and sell 15,000 pieces per month. PTron is targeting to establish a network of 120 distributors and sell 50,000 pieces per month by end of this financial year.

PTron is a brand owned by Palred Online Technologies which is a subsidiary of Palred Technologies.

Palred Technologies is a provider of software solutions for transportation and logistics industry. It offers solutions in the areas of freight forwarding industry, customs brokerage, contract logistics, shipper logistics and services. The firm also provides services like consulting, software development and system integration and implementation.

JTL Infra has received a prestigious order for supplying 'Solar Module Mounting Galvanized Steel Structure' to Larsen & Toubro (L&T) for their 100MW Solar Power PV Project at Bhadla-Phase III Solar Park in the state of Rajasthan.  This Solar Park is awarded to 'L&T Construction' by SB Energy One, a subsidiary of Japanese major 'Soft Bank'.

JTL Infra is an India-based company engaged in manufacture and sale of ERW Black and Galvanized steel pipes and Tubes, hollow sections and structural steel that are used in engineering and construction projects. The Company products include galvanized steel tube and pipe, scaffolding fittings and system, hollow sections, LTZ section and mild steel angles/channels.

Unichem Laboratories has entered into a settlement agreement with Eli Lilly & Company and ICOS Corporation to resolve their patent litigation in the United States District Court for the District of New Jersey regarding Unichem's Abbreviated New Drug Application (ANDA) for generic tadalafil (Cialis).

As per the agreement, the company expects to launch its generic tadalafil product in the United States on or not before March 26, 2019 under certain circumstances.

Unichem Laboratories is an international, integrated, specialty pharmaceutical company. It manufactures and markets a large basket of pharmaceutical formulations as branded generics as well as generics in India and several other markets across the world.

Mahindra Lifespace Developers is all set to launch its upcoming residential project ‘Roots’ at Kandivali, Mumbai on June 22, 2018.

Mahindra Lifespace Developers is the real estate and infrastructure development business of the $19 billion Mahindra Group, and a pioneer of sustainable urbanization in India.

Bharat Heavy Electricals (BHEL) has bagged two major orders for emission control equipment from Telangana State Power Generation Corporation (TSGENCO). Valued at Rs 1,000 crore, the orders involve supply and installation of Flue Gas Desulphurization (FGD) systems for control of SOx emissions at TSGENCO’s 1x800 MW Kothagudem Thermal Power Station (TPS) and 4x270 MW Bhadradri TPS in Telangana.

The order for Bhadradri TPS also includes modification in Boiler and ElectroStatic Precipitators (ESPs) to meet the revised emission norms. BHEL is presently executing these projects on Engineering, Procurement, Construction (EPC) basis.

BHEL is India’s largest engineering and manufacturing company of its kind. It is a power plant equipment manufacturer and operates as an engineering and manufacturing company.

Oberoi Realty has raised Rs 1,200 crore by sale of shares to institutional investors. The company had launched its Qualified Institutional Placement (QIP) on June 13 and the issue has been closed on June 19.

The company has issued 2.4 crore shares at Rs 500 per scrip. The issue price is lower than the floor price of Rs 509. 29.

Oberoi Realty is engaged in construction and real estate development, and hospitality. The company’s segments include Real estate and Hospitality.

Zensar Technologies has joined the Oracle Cloud Excellence Implementer (CEI) program and has achieved CEI status in Oracle ERP Cloud's financial management application, Oracle Financials Cloud (General Ledger, Payables, Receivables and Collections) in North America geography.

Oracle launched the CEI partner program at OpenWorld 2017 to accelerate customers' digital transformation in the cloud. The program recognizes and rewards partners that continually demonstrate expertise, a successful track record, and superior customer satisfaction in delivering high quality Oracle Software as a Service (SaaS) Cloud implementations to customers.

Zensar Technologies operates as a software service company. It is engaged in software development, networking, e-commerce, and systems integration services. It also provides consulting, collaboration services and business process outsourcing services.

BASF India is reportedly planning to launch 20 new agricultural chemical protection products in India, one fifth of total 100 such products the company has lined up for launching in Asia-Pacific region in the next five years.

The company’s Research and Development (R&D) team in India is aiming on basic crops such as rice, cotton, soybean, corn, fruits and vegetables.

BASF India is a chemical manufacturing company. It operates in the business segments of agricultural solutions, performance products, plastics businesses and chemicals. The agricultural solutions include insecticides, herbicides, fungicides and specialties.

Parmax Pharma has received an approval for expansion of plant for manufacturing of API products under Goods Manufacturing Practices. The Board of Directors at their meeting held on June 17, 2018, approved the same.

Parmax Pharma deals in all kinds of drug and drugs used in pharmaceutical, medicinal biological immunological, contraceptive and therapeutim preparations, substance materials and articles of all classes and description.

Power Grid Corporation of India (PGCIL) and Nagpur Municipal Corporation (NMC) propose to generate 3MW solar power from floating solar panels in Gorewada lake. The estimated cost of the project is Rs 18 crore.

PGCIL is an Indian state-owned electric utilities company headquartered in Gurgaon, India. Power Grid transmits about 50% of the total power generated in India on its transmission network.

Blue Star is planning to reduce import dependence for air-conditioners (ACs) in the near future. The company has decreased import dependence for air conditioners to 30% from 40%.

Blue Star is also deepening its roots in the overseas markets of Middle East, Saarc and North African countries.

Blue Star is India’s leading central air-conditioning and commercial refrigeration company fulfilling the cooling requirements and providing end-to-end solutions as a manufacturer, contractor and after-sales service provider to corporate, commercial, institutional and residential customers.  

ITC has reportedly entered into an agreement with Karamadai Panchayat Union in Coimbatore district to maintain zero garbage in Thekkampatti, Kemmarapalayam, Kallampalayam and Maradhur panchayats.

As per the agreement, the company would create awareness on garbage segregation at the household level and guide the panchayat staff on scientific management of waste in those panchayats.

ITC has business a interests in cigarettes, hotels, paperboards and specialty papers, packaging, agri-business, packaged foods and confectionery, information technology, branded apparel, personal care, stationery, safety matches and other FMCG products.

City Union Bank has inaugurated 601st branch located at Padmavathi colony, Mahabubnagar, in the state of Telangana on June 20, 2018.

Earlier in March, the Bank had inaugurated 600th branch located at Meera complex, Sardarpura, Udaipur in the state of Rajasthan.

City Union Bank offers a suite of products across deposits, loans, investment solutions, payments and cards and the Bank also offers services, such as internet banking, mobile banking, including online funds transfer and fixed deposit operations. The Bank operates in four segments, which includes Corporate/Wholesale banking, Retail Banking, Treasury and Other Banking Operations.

Steel Authority of India (SAIL) has delivered 60,000 tonnes steel for 111 km long Jiribam-Imphal broad gauge railway project in Manipur. The said project is being constructed by Northeast Frontier Railway (NFR).

SAIL is India’s largest steel producing company. The company is among the five Maharatnas of the country’s Central Public Sector Enterprises. The company has five integrated steel plants, three special plants, and one subsidiary in different parts of the country.

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