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November 22, 2021

Reliance Industries: Reliance and Saudi Aramco have mutually determined that it would be beneficial for both parties to re-evaluate the proposed investment in O2C business in light of the changed context.


IRCTC: Ministry of Railways has withdrawn its decision to terminate all existing contracts of mobile catering (currently kept in abeyance) involving scope of work of providing cooked food to passengers prepared from base kitchens as per the existing terms and conditions. In a separate release, Ministry of Railways has conveyed the decision to resume the services of cooked food in trains.


Cadila Healthcare: Zydus Cadila has received final approval from the USFDA to market Decitabine for injection in the strength of 50 mg/vial single-dose vial. Decitabine is used to treat myelodysplastic syndromes, certain types of blood or bone marrow cancer. Telegram: Neerajjoshi5014


Motherson Sumi Systems: Ningbo SMR Huaxiang Automotive Mirrors (SMR-NBHX), a 50:50 joint venture in China between Samvardhana Motherson Reflectec and Ningbo Huaxiang Electronic Co (NBHX Trim Group), has completed acquisition of 60% stake in Nanchang JMCG Mekra Lang Vehicle Mirror Co Ltd.


IRB Infrastructure Developers | The company said that its shareholders have passed a resolution which will enable capital inflow of Rs 5,347 crore into the company.


Biocon: Arohi Asset Management Pte Ltd acquired 0.108% stake in the company via open market transaction, increasing shareholding to 5.071% from 4.963% earlier.


HealthCare Global Enterprises: The company has completed the investment of Rs 33 crore for 78.6% stake in Suchirayu Health Care Solutions.