ONGC : ONGC signed a Heads of Agreement (HOA) with ExxonMobil Corp for exploration of oil and gas in the deepsea on the country’s east and west coasts.
GAIL : Gail has received the board approval for fundraising of up to $25,000 crore via non-convertible debenture.
Mahindra & Mahindra : Mahindra & Mahindra has started talks with various state governments in India to set up manufacturing infrastructure for its upcoming range of electric sports utility vehicles.
Adani Green Energy : Sri Lanka has granted provisional approval to Adani Green Energy for two wind projects of 286 MW and 234 MW for an investment of over Rs 3,973 crore
Bank of Baroda : Bank of Baroda has raised 1,000 crore through the issuance of bonds for financing infrastructure and affordable housing project
Reliance Industries : Reliance Jio added 4.22 million mobile phone users in June taking its subscriber base to 413.01 million
Airtel : Airtel added 0.79 million users in June taking its subscriber base to 362.96 million
Vodafone Idea : Vi lost 1.8 million users in June taking its subscriber base to 256.64 million.
RBL Bank : RBL Bank offloaded 12% stake in Kilburn Engineering for a total consideration over Rs 17 crore.
Indo Amines : Indo Amines has received environmental clearance for the expansion of ‘synthetic organic chemical’ production at its manufacturing plants in Thane and Dhule, Maharashtra.