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

Rail Vikas Nigam (RVNL) has been awarded contract for Construction of 4 Lane highway from Samarlakota to Achampeta Junction (for 12.25 km) by National Highways Authority of India (NHAI) as a part of Kakinada port to NH - 16 connectivity in the State of Andhra Pradesh under Bharatmala Pariyojana on EPC mode at a total awarded cost of Rs 408 crore.

Ircon International has completed commissioning of doubling work of Hajipur- Bachhwara of 72 Route Km including electrification on September 28, 2022. IRCON was appointed by East Central Railways for this work. With this commissioning entire work of this project has been completed. After doubling of the Hajipur-Bachhwara section, it will save the detention time/ crossing time in train movement in this section and will facilitate NE bound Goods and Traffic movement in much lesser time.

Reliance Industries’ subsidiary company -- Reliance Retail has launched premium fashion and lifestyle store brand AZORTE, which will house the global trends and contemporary Indian fashion. Reliance Retail has opened its first AZORTE store at MG Road, Bengaluru and plans to ramp up the store presence across key markets over the coming months.

Tata Communications has launched a dedicated Private 5G Global Centre of Excellence (CoE) in Pune, India to accelerate Industry 4.0 applications and capabilities for enterprises. This new CoE is an agile, secure and indoor facility to test and trial industry use cases. The company has developed use cases across automotive, metals and mining, airports and seaports, manufacturing, logistics and healthcare sectors. The company will be well positioned to enable and empower global enterprises to seamlessly progress into the hyperconnected world.

Karnataka Bank, with an aim to harness the power of data, has opened Analytical Centre of Excellence (ACoE) at Electronic City, Bengaluru. The centre which is developed in association with Ernst and Young (EY) as project partner, will help in accelerated incubation of AI/ML models along with their integration to business, on a scalable analytical data platform.

Adani Ports and Special Economic Zone (APSEZ) has incorporated a Wholly Owned Subsidiary (WOS) namely, Adani Aviation Fuels (AAFL), on September 29, 2022 with an Initial Authorized Share Capital of Rs 5,00,000 and Paid-Up Share Capital of Rs 5,00,000 each to, inter alia, carry on business of sourcing, transporting, supplying & trading of Aviation related fuels, constructing, developing, managing, maintaining, building, equip, hiring of infrastructure related to the business within and outside India. AAFL will commence its business operations in due course.

Lupin has received approval from the United States Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA), Mirabegron Extended-Release Tablets, 25 mg and 50 mg, to market a generic equivalent of Myrbetriq Extended-Release Tablets, 25 mg and 50 mg, of Astellas Pharma Global Development, Inc. The product will be manufactured at Lupin’s facility in Nagpur, India.