Reliance Industries, Lupin and Rail Vikas Nigam to see some action today

Reliance Industries’ retail arm -- Reliance Retail Ventures (RRVL), through its wholly owned subsidiary, 7-India Convenience Retail, has entered into a master franchise agreement with 7-Eleven, Inc. (SEI) for the launch of 7-Eleven convenience stores in India. The first 7-Eleven store is set to open on October 9 in Andheri East, Mumbai. This will be followed by a rapid rollout in key neighborhoods and commercial areas, across the Greater Mumbai cluster to start with.

Lupin has received tentative approval from the United States Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) Brexpiprazole Tablets, 0.25 mg, 0.5 mg, 1 mg, 2 mg, 3 mg, and 4 mg, to market a generic equivalent of Rexulti Tablets, 0.25 mg, 0.5 mg, 1 mg, 2 mg, 3 mg, and 4 mg, of Otsuka Pharmaceutical Co. This product will be manufactured at Lupin's Pithampur facility In India.

Rail Vikas Nigam (RVNL) has entered into Memorandum of Understanding (MoU) with Braithwaite (BCL). The said consortium will explore the 400 KV/220 KV GIS, AIS substation works, 400 KV/220 KV/132 KV transmission line, HV/EHV underground cables, Railway 25 KV OHE work and Railway traction substation works, Metro station E&M work and tunnel ventilation work, Electrical substations 132KV/66KV/33KV, modification, shifting & relocation of existing EHV transmission line all MEP projects, Smart city Works, Signalling and Telecom work, IT/Non-IT infrastructure works, integrated traffic management service, projects in Govt/Semi Govt/State Govt/PSUs etc, utilizing the credentials of each other and execute the same utilizing the expertise of each other.

Tata Consultancy Services (TCS) is working with Scotland's local government Improvement Service (IS) to accelerate its digital transformation programmes. The company has been helping the IS achieve this goal, using its DigiGOV framework to make digital services faster to configure, easier to use and more accessible. This includes the National Entitlement Card (NEC), Scotland's national multi-application smart card.

Tata Steel India’s crude steel production grew 2% QoQ and 3%YoY in 2QFY22. Despite seasonal weakness, overall deliveries increased by 12% QoQ on the back of economic recovery post 2nd wave of COVID-19; deliveries were lower by 8%YoY due to lower exports and stock liquidation focus in the previous year.

Tata Power has signed a three year commercial agreement with BluWave-ai, the world’s first renewable energy AI company. This agreement was signed after successful trial project, during which Tata Power evaluated the performance of the BluWave-ai cloud platform to generate intra-day and day-ahead dispatches for use in its power scheduling operations.

Nazara Technologies’ board  have approved the acquisition of 1601 equity shares of Rs 10 each representing 5.54% of the paid up share capital of Rusk Media for a total consideration not exceeding Rs 2.02 crore, payable in cash. Rusk Media is a digital entertainment company which creates content IPs for the Gen-Z and millennial audiences in India.