Cipla, TVS Motor Company and Shyam Metalics to see some action today

28 Jul 2026 Evaluate

Cipla has received U.S. Food and Drug Administration (USFDA) approval for its Abbreviated New Drug Application (ANDA) for Generic Advair Diskus (fluticasone propionate and salmeterol inhalation powder) in all three strengths - 100/50 mcg, 250/50 mcg, and 500/50 mcg. The product is a therapeutically equivalent version of Advair Diskus, a widely prescribed combination therapy indicated for the treatment of asthma and chronic obstructive pulmonary disease (COPD).

TVS Motor Company (TVSM) has acquired 1,13,37,297 equity shares of TVS Credit Services (TVS CS), a subsidiary of the Company from Lucas-TVS (Lucas TVS) constituting 4.39% of the paid-up share capital in TVSCS for an aggregate consideration of Rs 711 crore. Consequent to the above, the shareholding of the company in TVSCS shall increase from 80.76% to 85.15% (on a fully diluted basis).

Shyam Metalics and Energy’s wholly owned subsidiary -- Shyam Sel and Power has successfully commissioned an 8.90 MWp Solar Power Project at its manufacturing plant located in Jamuria, West Bengal. This step represents a significant step forward in the group's ongoing initiatives to transition toward greener energy sources and reduce its environmental footprint across operational facilities.

Tata Power Company is planning to set up a solar wafer/ingot plant on the Tata Steel SEZ land in Odisha. The work on the plant will start in October this year and it will be operational by January 2028. Earlier, there were discussions about whether the plant would be set up in Odisha or Andhra Pradesh.

AKME Fintrade (India) has partnered with Finayo to launch AKME GreenX - Powered by Finayo, a dedicated Green Finance platform to support Electric Mobility and Renewable Energy financing. Over the next two year, the platform will build a Rs 200 crore Green Asset Portfolio, with Rs 100 crore for EV Financing and Rs 100 crore for Solar & Distributed Renewable Energy Financing. Over the next five years, the partners aim to build a Rs 1,000 crore EV & Solar Financing Portfolio.

Om Infra has emerged as the Lowest Bidder (L1) by the Water Resources Department (WRD), Chhattisgarh. The bid is for a major commercial infrastructure contract involving the construction of Mohmela Sirpur Barrage Project and all appurtenant works including pipe irrigation network, operation and maintenance for five years after completion of construction work on Mahanadi River in Tahsil-Arang, Dist. Raipur (Chhattisgarh). The contract value is Rs 568.98 crore.

Waaree Renewable Technologies (WRTL) has signed an Early Contractor Involvement (ECI) Agreement with a Special Purpose Vehicle of a leading global Independent Power Producer (IPP) (Principal), for development of utility-scale solar photovoltaic (PV) project integrated with a Battery Energy Storage System (BESS) in New Zealand, in consortium with two experienced local companies. This marks the company’s strategic entry into the Australia and New Zealand (ANZ) renewable energy market.

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