Vodafone Idea, Biocon and Bajaj Auto to see some action today

Tata Power Company Ltd. | Power Generation/Distribution | Power | BSE: 500400 | NSE: TATAPOWER

27 Jul 2021 Evaluate

Vodafone Idea’s (VIL) enterprise arm -- Vodafone Idea (VIL), Vi Business has lined up a range of new postpaid plans for corporate customers. The upgraded plans will be bundled with range of exclusive benefits. Vi 'Business Plus' plans would enable corporate customers to strike the right balance between business objectives and employee preferences in an increasingly hybrid working environment.

U.S. based Adagio Therapeutics has granted an exclusive license to Biocon Biologics, a fully integrated biosimilars company and a subsidiary of Biocon, to manufacture and commercialize an antibody treatment based on ADG20 for India and select emerging markets. ADG20, a novel monoclonal antibody targeting the spike protein of SARS-CoV-2 and related coronaviruses, is in global clinical development by Adagio as a single agent for both the treatment and prevention of COVID-19, the disease caused by the SARS-CoV-2 virus, its variants, as well as future variants that may emerge.

Bajaj Auto has reached an agreement its Austrian partner Pierer Industrie AG for simplifying their shareholding pattern in premium bike maker KTM through a two-step transfer of their stakes to a new holding company.

GlaxoSmithKline Pharmaceuticals has decided to transfer its rights in relation to the Iodex and Ostocalcium brands to GlaxoSmithKline Asia, subject to shareholder approval, for an aggregate consideration of Rs 1649 crore. The transaction is expected to be completed before the end of the year, subject to shareholder approval and the customary closing conditions, including relevant regulatory approvals.

Prataap Snacks has commenced commercial production at its newly set up Unit situated at Mouza - New Kolorah, Police Station - Domjur, District - Howrah, West Bengal on July 26, 2021.

Sharika Enterprises has received the order from LS Cable India for Supply of Cable Accessories amounting 1.67 crore Including Taxes. Earlier, the company had received the order amounting Rs 4.23 crore.

Tata Power has committed to reducing emissions in alignment with the Science-Based Targets initiative (SBTi). SBTi is a project which drives ambitious climate action in the private sector by enabling companies to set science-based emissions reduction targets.

Tata Power Share Price

436.00 -3.20 (-0.73%)

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Peers

Company Name	CMP
NTPC	402.20
Tata Power	436.00
Adani Power	225.15
Power Grid Corp	313.90
Torrent Power	1724.80
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