Dilip Buildcon, Sun Pharma and Indian Bank to see some action today

Dilip Buildcon has received the letter of acceptance (LOA) from the National Highways Authority of India (NHAI) for two new HAM projects viz 4 Laning from km 0.000 to km 26.400 (along with 0.700km approach towards NH 207 with interchange on NH4 at start point) of Bangalore to Malur Section of Bangalore Chennai Expressway on Hybrid Annuity Mode under Bharatmala Pariyoina in the state of Karnataka (Phase- 1, package I) and 4 Lane Expressway from km 26.400 to km 53.500 of Malur to Bangarpet Section of Bangalore Chennai Expressway on Hybrid Annuity Mode under Bharatmala Pariyojna in the state of Karnataka (Phase- 1, package II).

Sun Pharmaceutical Industries’ one of the wholly owned subsidiaries has agreed to acquire by way of allotment to it, 428,571 ordinary shares (equivalent to 12.5% fully diluted equity stake) of WRS Bioproducts Pty, Australia. WRS Bioproducts Pty develops novel technologies to produce and commercialize supplements and nutraceutical ingredients from diverse algae species in Australia.

Indian Bank’s board has accorded in-principle approval for partial/full divestment of the bank's stake in joint venture ASREC (India), as part of the monetisation of the bank's non-core assets. The bank holds a 38.26 percent stake in ASREC (India). ASREC is an asset reconstruction company in which Bank of India, Union Bank of India, LIC and Deutsche Bank are the shareholders. The board of directors of the bank in its meeting held on March 5, 2021, accorded in-principle approval for the same.

PVR has launched a six-screen property at Forum Centre City Mall, strengthening its presence in Karnataka with 109 screens in 16 properties. Located in the heart of silk city, the new PVR Cinema is spread across 32,240 square feet and can accommodate a total of 1,078 audiences.

Sandhar Technologies’ wholly owned subsidiary - Sandhar Technologies, Barcelona, S.L. has incorporated a new subsidiary namely ‘Sandhar Technologies RO SRL’, a Company in Romania. The incorporation of Sandhar Technologies RO SRL has been registered on the March 04, 2021 and accordingly it has become a step down wholly owned subsidiary of company effective from the March 04, 2021.

Dabur India has expanded its Vatika brand with the launch of premium range of shampoos. The recently launched products by Dabur will be, as of now, available on the e-commerce platform Flipkart exclusively. Also, the brand will be rolling out its products across the regular retail channels in the upcoming few months.

Orient Electric has launched its new line of kitchen appliances, starting with Miracle Diva Mixer Grinder which has been designed keeping in view the needs of nuclear and dual-income working families. With cutting-edge features and the looks to match them, Orient Electric Miracle Diva Mixer Grinder is capable of mixing and grinding the toughest ingredients with ease and perfection so that one can enjoy the authentic taste, textures, and flavours of Indian food. The company is launching this new line on the occasion of International Women’s Day, exclusively on Amazon.