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Hero MotoCorp, Biocon and Wipro to see some action today

Date: 20-05-2022

Reaffirming its commitment to an exciting and comprehensive product portfolio, Hero MotoCorp has launched the new edition of iconic motorcycle Splendor - the Splendor+ XTEC. Progressive and innovative, offering everyday practicality, the new Hero Splendor+ ‘XTEC’ is packed with features such as Full Digital Meter with Bluetooth connectivity, Call & SMS alert, RTMI (Real Time Mileage Indicator), low fuel indicator, LED High Intensity Position Lamp (HIPL) and exclusive graphics. Additionally, it also comes with an Integrated USB Charger, Side-Stand Engine Cut-off and Hero’s revolutionary i3S Technology, (Idle Stop-Start System).

Biocon’s subsidiary -- Biocon Biologics and Viatris Inc. have launched Abevmy (bBevadzumab) in Canada. Abevmy is a biosimilar to Roche's Avastine (Bevacizumab) and has been approved by Health Canada across four oncology indications. Abevmy follows the launch of Viatris’ two oncology biosimilars in Canada, Ogivri (bTrastuzumab) in 2019-the first Trastuzumab approved in the country - and Fulphila (bPegfilgrastim), which was launched in 2020. In addition to the therapeutic area of oncology, Viatris Canada launched Hulio (bAdalimumab) in February 2021 for chronic inflammatory conditions.

Wipro has launched latest Innovation Studio in Austin, TX. Situated in a brand new 40,000 sq. ft. Class-A office building in Austin’s premier technology and research park, Wipro’s Innovation Studio is designed to be a productive, state-of-art collaborative space of 36 huddle rooms, 12 conference rooms and 330 individual think spaces, energizing community spaces, and areas for focused collaboration.

HDFC Bank has carved out rural banking as a separate vertical and will be opening over 1,060 branches in mofussil areas and semi-urban pockets as part of the increased focus in FY23. The move is a part of making the bank future ready, and will address the untapped opportunities in the market.

Pidilite Industries’ wholly owned subsidiary -- Madhumala Ventures has agreed to make an investment in tranches not exceeding Rs 14 crore in Buildnext Construction Solutions (the Investee Company), which is engaged in the business of providing IT Enabled Home Design and Project Management Services.

Archies has entered into public relations services agreement with Mileage Media Mantra, a communication management advisory company with effect from May 19, 2022 to provide the services related to media presence and/or product of the company. The said agreement shall be valid for a period of 12 months from May 19, 2022 to May 18, 2023.

Marine Electricals has received orders amounting to total of Rs 22.70 crore (exclusive taxes). Out of which, order of Rs 5.08 crore (excluding GST) received from Web Werks India, Mumbai for supply of Bus Duct, order of Rs 10.72 crore received from Cochin Shipyard Limited, Kochi for supply of Power Package for ASW SWC (8 ship sets), order amounting to Rs 2.37 crore received from Hindustan Shipyard Limited, Andhra Pradesh for supply of Power Panels and order of Rs 4.53 crore received from GE Energy Power Conversion UK, UK for supply of Main switchboard for Marine application.