Check out the most important news stories which captured the headlines at the corporate level in India and internationally.
Strides Shasun got competition watchdog CCI's approval to acquire seven brands from consumer healthcare firm Johnson and Johnson.
Zensar Tech reported consolidated net profit for Q3 is registered at Rs 71.5 crore vs Rs 91.3 crore QoQ, down by 21.4% while the consolidated Total Income was posted at Rs 762 crore vs Rs 758.6 crore QoQ.
IDFC Bank is in advanced talks to acquire Royal Bank of Scotland's (RBS) corporate banking portfolio in a deal worth up to INR 3,000 crore, reports a business daily.
Century Plyboards acquired 51% stake in a Singapore-registered trading company for Rs. 1.07 crore.
SBI informed Alok Industries that as decided by the Joint Lenders' Forum, Strategic Debt Restructuring has been invoked on the Company with the reference date being November 27, 2015. Further, at its meeting held on January 16, 2016, it has been further decided that the JLF will acquire up to 65% stake in the company by converting its debt into equity.
Ashok Leyland's electric vehicles (EV) arm Optare has taken up a project to increase the range of its MetroCity and Solo buses to 200 miles without intrusion into passenger space, as per media reports.
Atlanta has secured letter of award for four laning of end of Moran Bypass to Bogibeel Junction of NH-37 in the State of Assam under SARDP-NE Package (II).
Looking to add $1bn in revenues from inorganic growth to reach its target turnover of $5bn by 2018, Lupin says it is open to late stage specialty assets.
ITC's instant noodles brand Yippee is inching closer to become a Rs 10bn brand, making the most out of the controversy that hit rival Nestle's Maggi.
The Supreme Court restrained the government from going ahead with any further disinvestment of its stake in Hindustan Zinc Ltd, the management of which is under the control of a Vedanta subsidiary.
Indian Oil Corporation aims to operate its largest grassroot refinery at Paradip at the full 15MTPA capacity from next fiscal, a top company official said.
Godrej Properties said that it has entered into a joint development agreement with Pratap Sarnaik’s Vihang Group to develop 15 acres of land off Ghodbunder Road in Thane.
State Bank of Mysore has raised Rs 2bn by issuing Basel-III compliant bonds.
Precision Camshafts fixed the price band between Rs 180-186 per share for its initial public offer (IPO) which will hit the capital market on January 27.
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