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HCL Technologies, HPCL and Cadila Healthcare to see some action today

21 Sep 2021

HCL Technologies has entered into a five-year, digital transformation deal with MKS Instruments Inc., a global provider of instruments, systems, subsystems and solutions for advanced manufacturing processes, to improve performance, productivity and speed to market.

Hindustan Petroleum Corporation (HPCL) is planning to commission 5,000 electric vehicle charging stations in the next three years. Over the past few months, HPCL has tied up with three entities--Convergence Energy Services (CESL), Tata Power, and Magenta EV Systems--for setting up charging infrastructure at its retail outlets.

Zydus Healthcare, a wholly-owned subsidiary of Cadila Healthcare, has inked the agreement with Integrace, a part of the portfolio companies of private equity firm True North. The said transaction is expected to be completed within 30 days from the date of execution of agreement, subject to customary approvals.

Zomato has partnered with InCred to help cash-strapped food businesses, operating under Zomato food delivery platform across India, by offering zero processing fees on credit from September 01 2021 till October 31, 2021. The partnership will support over 50,000 businesses working with Zomato to overcome any credit crunch with tailor-made solutions.

Dabur India is foraying into the face wash category by extending the Vatika brand into the segment. The company expects Dabur Vatika Face Wash range, which has been exclusively launched on e-commerce platform Flipkart, would strengthen its presence in the personal care market.

KP Energy has received LOI aggregating Rs 119.73 crore from captive customers in Gujarat for executing wind power project under the wind power policy 2016 which is getting expired on March 31, 2022. The orders will be executed within the current financial year. In view of showel readiness, company is confident of completing execution ahead of schedule. This is first instance where Company has offered EPCC services of Project with supply of turbine to customers.

Gensol Engineering has purchased 51.68% equity shares amounting to 4,83,020 equity shares of Solarig Gensol Utilities, which is registered with the Registrar of Companies, Ahmedabad. The company is holding 48.32 % equity shares amounting to 4,51,475 equity shares by virtue of this transaction the target will become the wholly owned subsidiary of the company.

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615.65 -7.85 (-1.26%) Oct 14, 18:01
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