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Bank of India : BOI raised Rs 1,500 crore by allotting Basel-III compliant additional Tier-l bonds to seven investors.
Godrej Properties : The company bought an 18.6 acre land parcel at Kandivali, in Mumbai for Rs 750 crore to develop a housing project.
Dr Reddy’s Laboratories : The company is recalling over 48,000 cartons of drugs due to manufacturing issues according to USFDA.
Sun Pharma : The company is recalling 14,064 cartons of a medication because of manufacturing issues according to USFDA.
Power Grid Corporation of India : The company is carving out its telecom vertical to a new fully-owned subsidiary, Powergrid Teleservices.
Hindustan Aeronautics : Hindustan Aeronautics receives income tax refund of Rs 427 crore for the assessment year 2011-12.
Ion Exchange : The company received a contract worth Rs 343.36 crore from Indian Oil Corporation.
SJVN : The company’s arm SJVN Green Energy has bagged a 200 MW solar project from Maharashtra State Electricity Distribution Company Ltd.
Amara Raja Batteries : The battery firm will be investing over Rs 9,500 crore in 10 years for setting up research and development facility in Mahbubnagar district of Telangana.