Tata Motors: board has approved to set up a wholly-owned subsidiary for its commercial vehicles business – ‘TML Commercial Vehicles’. The company also approved the merger of Tata Motors Finance with Tata Capital. Kotak Mahindra Bank: received RBI approval to sell a 70% stake in its general insurance subsidiary to Zurich Insurance Company. Torrent Pharma: signed an agreement with the Japanese pharma company ‘Takeda’ to market its acid reflux drug in India. KEC: got orders worth Rs 1,002 cr for civil and defence residential projects Tata Motors: board has approved to set up a wholly-owned subsidiary for its commercial vehicles business – ‘TML Commercial Vehicles’. The company also approved the merger of Tata Motors Finance with Tata Capital. Kotak Mahindra Bank: received RBI approval to sell a 70% stake in its general insurance subsidiary to Zurich Insurance Company. Torrent Pharma: signed an agreement with the Japanese pharma company ‘Takeda’ to market its acid reflux drug in India. KEC: got orders worth Rs 1,002 cr for civil and defence residential projects

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