Stocks to watch: L&T, LTI Mindtree, Sun Pharma

India's most valuable company Reliance Industries Limited has started the process of demerger of its financial services business. A meeting of the creditors and shareholders of Reliance Industries will be held on May 02, 2023, to consider and approve the proposed scheme of arrangement between Reliance Industries Limited and Reliance Strategic Investments (RSIL).

RIL calls shareholder meeting on May 2 to approve demerger of financial services arm

IT-giant Wipro on Thursday announced that Badri Srinivasan will lead the India and Southeast Asia businesses under the company’s APMEA (Asia Pacific, Middle East, India, and Africa) Strategic Market Unit. Badri joined Wipro in January last year as the Managing Director for Southeast Asia.

Wipro says Badri Srinivasan will lead India and Southeast Asia businesses

Unsubscribe to continue This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp Insolvency appellate tribunal NCLAT has dismissed the plea of Jindal Stainless Ltd, one of the bidders for debt-ridden Mittal Corp, challenging the issuance of a fresh Request for Resolution Plan (RFRP) by the lenders.

NCLAT drops Jindal Stainless plea over Mittal Corp, asks to approach NCLT

India's largest two-wheeler maker Hero MotoCorp Ltd on Thursday announced that its board has appointed Niranjan Gupta as the new chief executive officer (CEO) of the company, effective from 1 May, 2023. Niranjan Gupta is currently the Chief Financial Officer (CFO), Head of Strategy and M&A, said Hero MotoCorp in its filing.

Hero MotoCorp appoints Niranjan Gupta as CEO from 1 May

Unsubscribe to continue This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp Last Updated: First Published: Mar 30 2023 | 8:43 PM IST View More View More

Godrej group and SBI sign a strategic MoU to deepen partnership

The fiscal year FY23 is coming to an end, and the largest lender State Bank of India (SBI) is offering a host of concessions in various home loan interest rates whose first disbursement in the loan account is to be done by March 31st.

SBI gives 30-55 bps concession on various home loan rates, first disbursement to be done by 31 Mar

The Medicines Patent Pool (MPP), United Nations-backed public health organisation, on Thursday announced that it has signed sublicensing agreements with pharmaceutical companies, Aurobindo Pharma, Cipla, and Viatris, for the manufacturing of generic variants of ViiV Healthcare's long-acting medication for HIV prevention.

MPP signs supply pact with Aurobindo Pharma, Cipla and Viatris for HIV drug

Tata Power has re-appointment Dr. Praveer Sinha as CEO & Managing Director of the company for a period of four years, the company said today. The re-appointment will take effect from May 1, 2023 to April 30, 2027 (i.e. date of superannuation from the Company).

Tata Power re-appoints Praveer Sinha as CEO & MD for four years

Tata Motors continues its association for the sixth consecutive year as the official partner for the Tata Indian Premier league with the Tiago ev as the official partner for this year’s league. Commenting on this partnership, Vivek Srivatsa, Head, Marketing, Sales and Service Strategy, Tata Passenger Electric Mobility Ltd. said, “After 5 consecutive successful runs, we are back with the Tata IPL showcasing our newest EV offering, our premium electric hatch – the Tiago.ev.

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