Zee Entertainment: The company has received the NCLT’s approval to convene a shareholders’ meeting to consider approving the Sony deal. The NCLT has directed that the shareholders’ meeting be held on October 14, 2022.
Interglobe Aviation: The Gangwal family, one of the promoters of Interglobe Aviation Ltd., will to unload 2.8% of the airline through a package deal, according to Bloomberg News. Rakesh Gangwal, co-founder of IndiGo, along with Shobhai Gangwal and the Chinkerpu Family Foundation are offering 1.08 crore shares, it said.
LIC Housing Finance: The company has appointed Ashwani Ghai as Chief Operating Officer.
IRCTC: The company was the successful bidder for the sale of a commercial development in WTC Nauroji Nagar, New Delhi.
Zydus Lifesciences: The company announced that it achieved a positive proof-of-concept in a Phase 2 clinical trial of ZYIL1 in patients with cryopyrin-associated periodic syndrome.
Reddington India: Apple has launched the iPhone 14 series. It intends to manufacture it in India in about two months, according to Bloomberg. Redington is a reseller of Apple products in India.
Aditya Birla Fashion and Retail: SEBI has allowed the company to relax the rules on securities contracts under the concessional distribution of Caladium Investment.
Concord: Union cabinet approved reducing rail land license fees to 1.5%, which is expected to ease Concor’s disinvestment process.
AAVAS financiers: CARE Ratings has upgraded the company’s long-term credit rating from CARE AA- to CARE AA. The forecast for the long-term rating of objects has been revised from positive to stable.
Yes, the bank: SEBI imposes Rs 2 crore fine on former Yes Bank CEO Rana Kapoor
TCS: To deploy cloud platform in Nokia.
Chicken: Receives US FDA approval for generic version of Revlimid.
