HDFC Bank Ltd.

SREI Infrastructure Finance’s wholly-owned subsidiary -- Srei Equipment Finance (SEFL) has received an expression of interest (EoI) for capital infusion from Cerberus Global Investments B.V. SEFL has also received EoIs for capital infusion of about $250 million from US-based multi-strategy investment firm Arena Investors LP and Singapore-based global financial services company Makara Capital Partners.

Ramkrishna Forgings has started commercial production of 7000T press from its Plant-V, situated at Jamshedpur in Jharkhand, w.e.f April 22, 2021. This will enhance the production capacity of the company by 17000 tons per annum.

HDFC Bank has deployed mobile automated teller machines (ATM) in 19 cities in view of the rising Covid-19 cases and lockdown-like restrictions in various parts of the country. This will help eliminate the need for the general public to move out of their locality to withdraw cash.

Ramco Systems has established Wholly Owned Subsidiary (WOS) in the name of ‘Ramco Software Japan Kabushiki Kaisha’ (in English, the name of the Company shall be Ramco Software Japan) in Japan. The subsidiary company established to carry on the business operations in Japan.

PNC Infratech has received appointed date for one of its EPC projects from National Highways Authority of India (NHAI). The project is for construction of Eight Lane access controlled expressway starting from Junction with NH-47 near Bhamaiya Village and ending at Junction with SH-175 in Baletiya Village in Panchmahal District (Ch.780+920 to Ch.803+420: Design Ch.328+500 to Ch.351+000) Section of Delhi - Vadodara Greenfield Alignment (NH148N) on EPC Mode under Bharatmala Pariyojana in the State of Gujarat for a contract value of Rs 748 crore.

ICICI Bank has reported results for fourth quarter and year ended March 31, 2021. The bank has reported around 4-fold jump in its net profit at Rs 4,402.61 crore for the quarter under review as compared to Rs 1,221.36 crore for the same quarter in the previous year. Total income of the bank increased by 2.17% at Rs 23,953.02 crore for Q4FY21 as compared Rs 23,443.66 crore for the corresponding quarter previous year. On the consolidated basis, the bank has reported around 4-fold jumps in its net profit at Rs 4,886.16 crore for the quarter under review as compared to Rs 1,251.32 crore for the same quarter in the previous year. Total income of the bank increased by 8.72% at Rs 43,621.29 crore for Q4FY21 as compared Rs 40,121.48 crore for the corresponding quarter previous year.

Hester Biosciences has launched a range of Herbal Veterinary Products. Globally, the trend of medication is shifting from allopathy to herbal therapy in humans as well in veterinary. In order to cater to this growing demand, Hester has embarked on a journey to produce research-based herbal products for poultry, cattle, sheep, goat and swine. Apart from allopathic health products, natural supplements are in demand by many animal health professionals, to help build immunity and improve the overall health of animals.