Hindustan Zinc Ltd.

Hindustan Zinc (HZL) is planning to invest Rs 350 crore to develop up to 200 megawatt (MW) renewable energy capacity through a special purpose vehicle. The project will be built under group captive norms on Build-Own-Operate (BOO) basis through a special purpose vehicle (SPV). HZL will own 26 per cent equity in the SPV with contributions of up to Rs 350 crore.

Lupin’s New Jersey facility has received thirteen observations from the US drug regulator. The facility accounts for less than 5 percent Lupin's global turnover. The observations do not, however, imply any restriction on supplies.

Adani Enterprises has received Letter of Award (LoA) for six laning of Kagal-Satara section of NH-48 (old NH-4) [Package - II from km 658.000 to km 725.000] in the State of Maharashtra to be executed on BOT Toll mode under Bharatmala Pariyojana. With this project award, Adani's Road Portfolio will have total 14 projects with more than 5,000 lane kms and asset value exceeding 41,000 crore spread over 10 states in India i.e. Chhattisgarh, Telangana, Andhra Pradesh, Madhya Pradesh. Kerala, Gujarat, West Bengal, Odisha. Uttar Pradesh, and Maharashtra.

SJVN has incorporated a Wholly Owned Subsidiary Company named ‘SJVN Green Energy’ vide certificate of incorporation dated March 30, 2022 issued by the Ministry of Corporate Affairs, Government of India. The wholly owned subsidiary company shall carry out business in the field of Power Generation in particular Solar Parks/Projects, Wind Projects & Hybrid Projects including Battery Energy Storage System (BESS), assets creation in Wave, Biomass, Small Hydro (being RE) and Green Hydrogen based business ventures.

Bharat Dynamics (BDL) and Tawazun Economic Council (TEC), United Arab Emirates (UAE) have exchanged Memorandum of Understanding (MoU) to explore new business opportunities in various areas of mutual interest in the field of defence.

RailTel Corporation of India is implementing modern signalling projects worth Rs 224 crore on Northern Railway Zone of replacing obsolete mechanical signalling by state- of-the-art Electronic Interlocking system. It covers 26 stations- 3 on Delhi division, 9 on Ambala Division and 14 on Firozpur division. This modern technology shall enhance safety and efficiency of train operation.

UCO Bank has raised Rs 100 crore through private placement of 8.51% Basel III Compliant Tier II bond having face value of Rs 1 crore each. Maturity date of the said bond will be March 31, 2032.