Alkem Laboratories (Alkem) has launched Brivasure, an affordable anti-epileptic drug for the treatment of Epilepsy in India. Brivasure, Alkem’s anti-epileptic drug (AED) is a generic version of the parent molecule. Alkem has launched the drug in the market at price, Brivasure 25mg - Rs.79.50/strip, Brivasure 50mg - Rs. 148.50/strip, Brivasure 75mg - Rs. 230/strip, Brivasure 100mg - Rs. 295/strip, post patent expiry of innovator product, of Brivaracetam as on February 21, 2021.
Adani Ports and Special Economic Zone (APSEZ) will partner with John Keells Holdings PLC and Sri Lankan Port Authority to develop the West Container Terminal (WCT) at the Colombo port in Sri Lanka. As the first-ever Indian port operator in Sri Lanka, Adani Ports will hold 51 per cent in the terminal partnership and WCT will be developed to reach a capacity of 3.5 million TEUs (Twenty-Foot Equivalent Units).
Godawari Power & Ispat has received approval from Chhattisgarh Environment Conservation Board, Raipur for ‘Consent to Operate’ enhanced capacity of Iron Ore Pellet Plant from 21,00,000 to 24,00,000 Tons Per Annum with immediate effect. Similarly, the Chhattisgarh Environment Conservation Board, Raipur has also accorded its ‘Permission to Establish’ the proposed expansion and modernization of existing manufacturing facilities along with integration of existing environmental clearances at exiting plant location. The capex required for the above expansion will be invested out of internal accruals of the company.
AU Small Finance Bank has completed the allotment of equity shares under its Qualified Institutions Placement (QIP) and has successfully raised Rs 625.5 crore through the issuance of 50,00,000 equity shares at an issue price of Rs 1,251 per share.
HFCL has signed a Share Subscription and Shareholders' agreement on March 15, 2021, with Nimpaa Telecommunications. In terms of the agreement, the company intends to acquire up to 50% of the paid-up equity share capital (on a fully diluted basis) of Nimpaa, in one or more tranches, by way of subscribing its equity shares. The Company is acquiring stake in Nimpaa, keeping in line with thrust on addition of new telecom network products in the field of communications, specifically Aramid Reinforced Plastic (ARP) rods.
Best Agrolife has received approval from board of directors to grant loan or give guarantee or provide security to Seedlings India, a wholly owned subsidiary of the Company for an amount not exceeding Rs 50 crore in one or more tranches, pursuant to Section 179 read with Section 186 of the Companies Act, 2013. The Board of Directors at its meeting held on March 15, 2021 has approved the same.
As part of its Corporate Social Responsibility (CSR), NTPC has partnered with Archery Association of India. Continuing with the partnership, the 41st NTPC Junior National Archery Championship is presently underway at Survey of India ground in Dehradun, Uttarakhand.
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