Key Business Updates
| Company | Update |
|---|---|
| Tata Steel | India’s steel output is at 5.32 million tonnes, up 6% YoY. Deliveries at 4.88 million tonnes, up 10% YoY. |
| JSW Steel | Received 2,678 acres of forest land from the Odisha government for a new steel plant. |
| Bank of Baroda | Global business at Rs 22.95 lakh crore, up 10.7% YoY. Advances at Rs 10.49 lakh crore, up 13.6% YoY. Deposits at Rs 12.45 lakh Crore, up 8.3% YoY. |
| Film Industries | Board of Directors meeting on Jan 15 to consider issuing bonus shares. |
| Jupiter Wagons Ltd | Received contract for 4 rakes of Double Decker Automobile carrier wagons worth Rs. 100 crores. |
| SJVN Limited | Signed power usage agreement with UPCL for 200 MW solar power. |
| Karnataka Bank | Entered co-lending agreement with Satin Creditcare Network Limited. |
| Narayana Hrudayalaya Limited | Subsidiary Narayana Health Insurance Limited was granted a license by IRDAI to carry on health insurance business. |
| Brigade Enterprises Limited | Appointed Arvind Rao as VP to head Commercial business. |
| CIPLA | Cipla Technologies LLC to have exclusive rights (except in the USA) for the development and commercialization of Pulmazole. |
| Dynamatic Technologies Limited | Completed sale of wind farm lands for Rs. 107 crores for Southern Defence Industrial Corridor. |
| S.P.Apparels Limited | Entered MoU to purchase/transfer garment unit and 6.43 acres of land. |
| ONGC | Commenced first oil production from KG-DWN-98/2 Deepwater block in Krishna Godavari. |
Emphasizing Growth and Progress:
- Indian Steel Giants Surge Ahead: Tata Steel and JSW Steel Report Strong Q3 Performance
- Banking on Growth: Bank of Baroda Expands Global Business by 10.7%
- Full Steam Ahead: Jupiter Wagons Secures Major Contract with Leading Automaker
- Powering Up: SJVN Limited Signs Agreement for 200 MW Solar Power
- Brigade Enterprises Taps New Leadership to Drive Commercial Success
- ONGC Strikes First Oil in KG-DWN-98/2 Deepwater Block, Boosting India’s Energy Prospects
Highlighting Strategic Partnerships and Expansions:
- JSW Steel Secures Land for Mega Steel Plant in Odisha, Setting Stage for Expansion
- Karnataka Bank and Satin Creditcare Network Join Forces to Expand Financial Inclusion
- Narayana Hrudayalaya Ventures into Health Insurance with IRDAI License
- Dynamatic Technologies Paves Way for Southern Defence Industrial Corridor with Land Sale
- S.P.Apparels Strengthens Foothold in Tamil Nadu with Garment Unit Acquisition
Focusing on Innovation and Exclusivity:
- Cipla Takes the Reins for Pulmazole Development and Commercialization Outside the US
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