Thursday 25 June 2015

Top corporate news of the day- June 25, 2015

Vedanta Resources plc is planning to invest close to Rs4.8bn in setting up modern anganwadi centres, village courtyards delivering mother and child care services, across India. 

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Vedanta Resources plc is planning to invest close to Rs4.8bn in setting up modern anganwadi centres, village courtyards delivering mother and child care services, across India. 

Zydus Cadila has received final approval from the US drug regulator, US FDA, to market Pyridostigmine Bromide Tablets USP, 60 mg.

Gujarat Pipavav Port said it has suspended port operations at Pipavav due to the cyclonic weather conditions prevailing and break down of power supply and communication that occurred Tuesday night. 

Adani Mining  it was rejigging the budget on the US$7.72 bn Carmichael coal mine project in Australia as it faces delays in government approvals.

Vaibhav Global Ltd (VGL), an electronic retailer of affordable fashion like jewellery, watches, bags, home decor etc, in US, Canada, UK and Ireland, is eyeing to grow 20 % year on year for the next three years, banking on the demand from the middle class consumers in these countries.

Crompton Greaves has signed a long term alliance pact with Spanish European consumer appliances company SOGO to sell kitchen appliances in India.

Bharti Airtel launched 4G services in Mysore that will allow its customers to access high speed access to the Internet.

Reckitt Benckiser said it has not received any recall orders for its Dettol soap, and denied having violated regulatory guidelines pertaining to the product.

Videocon Group will invest approximately Rs. 1.5 bn in West Bengal in ramping up two of its manufacturing facilities here in the State.

Escorts has partnered with Cognizant Technology Solutions in a multi-year, multi-million dollar engagement to digitally transform its businesses across all segments. This includes agri-machinery, material handling and construction equipment, railway equipment and auto components.

L&T Hydrocarbon Engineering Ltd has received a fresh order worth Rs 27.15bn from upstream major Oil & Natural Gas Corporation (ONGC) for creating new process platforms and other infrastructure at Bassein field, which is located in Western offshore basin. 

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