Thursday 9 July 2015

Top corporate news of the day- July 9, 2015

To strengthen its presence in the east coast, the Adani Group is likely to take over the operational and management control of Larsen & Toubro (L&T) Kattupalli International Container Terminal near Chennai.


Corporate News
To strengthen its presence in the east coast, the Adani Group is likely to take over the operational and management control of Larsen & Toubro (L&T) Kattupalli International Container Terminal near Chennai.

Eicher Motors-owned Royal Enfield has hopped on the e-commerce bandwagon with the commercial launch of the limited edition Classic 500. Priced at Rs 224k, 400 war-inspired camouflage Classic 500 bikes will be opened for online bookings on July 15. 

Infosys said it has won a multi-year outsourcing contract from Deutsche Bank. Infosys did not disclose the deal value or the tenure of the engagement. 

Titagarh Wagons announced that it has received an industrial license for manufacturing defence items. 

ANVISA, the Brazilian drug regulator said in a statement that it has suspended imports of all beta-lactam cephalosporin pharmaceutical ingredients and all imported drugs using these inputs, which are manufactured by Lupin.

Yes Bank said that it has raised Rs 5.54bn through a tier-II bond issue. The 10-year bonds were raised at a coupon of 9.15% and saw subscription from investors including insurance firms and pension and provident funds.

KNR Constructions Ltd has been awarded a Rs. 2.55bn road contract in Madhya Pradesh for widening and reconstruction of Mohanpur, Behat Mau, Murar Chitora, Mohana Pogri roads under the district connectivity project of the Madhya Pradesh Road Development Corporation Ltd.

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