Lupin, Tata Steel and Hester Biosciences to see some action today

Lupin has launched Merzee (norethindrone acetate and ethinyl estradiol capsules and ferrous fumarate capsules), 1 mg/20 mcg, in the US market, under exclusive license, marketing and distribution agreement with Slayback Pharma LLC (Slayback). Slayback had earlier launched this product in the US in February 2021.

The Kolkata bench of the National Company Law Tribunal (NCLT) has approved the resolution plan submitted by Tata Steel’s wholly-owned subsidiary Tata Steel Mining, for the acquisition of debt-laden Rohit Ferro-Tech. On June 6, 2021, Tata Steel had informed that the Committee of Creditors (CoC) in terms of the Corporate Insolvency Resolution Process of the Insolvency and Bankruptcy Code 2016, declared Tata Steel Mining as the successful resolution applicant for the acquisition of Rohit Ferro-Tech, subject to necessary regulatory approvals including approval from the NCLT Kolkata bench.

The Board of Directors of Hester Biosciences have approved the execution of Grantin-Aid Letter Agreement for grant of Rs 600 million (in phased manner) to the Company by Biotechnology Industry Research Assistance Council (BIRAC), a Government of India Enterprise to support COVID vaccine manufacturing under Mission Covid Suraksha.

Ashapuri Gold Ornament has received orders worth Rs 30 crore during country's first B2B jewellery Expo ‘India Gem & Jewellery Show (GJS 2022)’ held in Mumbai during April 3 to April 6, 2022. Leading corporate and jewellery brands from domestic and international markets including Malabar Gold, PNG Jewellers, TBZ, Sree Kumaran Thangamaligai, Lalithaa Jewellery Mart, Manappuram Gold among many others visited the company's stall during the four day exhibition. Over 30,000 visitors including leading National and International Jewellery Brands, Manufacturers, Retailers from all over the country and abroad visited GJS 2022. 

Energy Efficiency Services (EESL), a joint venture of four PSUs including NTPC, Power Finance Corporation, Rural Electrification Corporation & Power Grid Corporation, is looking to tie up with central and state agencies across the country with an aim to maximise the adoption of energy efficient products and services in India.

Infosys and Rolls-Royce has inaugurated their joint ‘Aerospace Engineering and Digital Innovation Centre’ in Bengaluru, India. This centre has been established to provide high-end research and development (R&D) services integrated with advanced digital capabilities to Rolls-Royce’s engineering and group business services from India. The company and Rolls-Royce’s collaboration has been reinforced through strategic deals, aimed at yielding mutual benefits to both organisations over the next seven years.

Orient Electric has launched its new Finstar range of table, wall and stand fans which offer the perfect combination of style, performance, and affordability. The launch is part of company’s plans to consolidate its portfolio and strengthen its presence in South India. These fans are available in three elegant finishes including Red, White, and Blue to complement any contemporary space.