Check out the most important news stories which captured the headlines at the corporate level in India and internationally.
Corporation Bank said LIC will infuse Rs1.4bn into the bank by way of preferential equity.
Ashoka Buildcon Ltd said it has bagged two road projects worth Rs4.4bn from Karnataka Road Development Corporation Ltd (KRDCL).
Siemens Ltd said it has bagged an order worth Rs. 810mn from Diesel Locomotive Works (DLW), Varanasi.
Parry (India) Ltd is planning to expand its branded sugar portfolio with value added products. The company has launched Parry's Amrit, an original cane sugar, and plans to launch two more products in an years' time, said senior management from the company.
The Board of Approval (BoA) under the Union Commerce Ministry has extended the validity of the approval given for setting up of a Special Economic Zone (SEZ) by Tata Steel at Gopalpur in South Odisha up to 17th December, 2015.
The Mahindra& Mahindra Ltd group today announced its debut into the e-commerce space with the launch of M2ALL.Com, an e-marketplace for Mahindra products and services.
Bharat Aluminium Company Limited, a subsidiary of Vedanta Limited, has begun the official procedure to close down its sheet rolling division and foundry at Korba in Chhattisgarh.
Jet Airways might make Amsterdam its gateway for flights to America and Canada. At present, the airline flies daily from Mumbai and Delhi to Newark and Toronto via Brussels.
Dr Reddy’s Laboratories announced the signing of a commercialization deal with Hatchtech, an Australian pharmaceutical company that has developed a prescription head lice product, Xeglyze Lotion.
Essar Oil will shut its 4,05,000 barrel-per-day Vadinar refinery in Gujarat for about four weeks to carry out maintenance work.
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