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Reliance Infra in spotlight after completing sale

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Reliance Infrastructure announced the successful completion of the sale of its 100% shareholding in Integrated Mumbai Power Distribution Business to Adani Transmission. The total transaction value is Rs 18800 crore. The announcement was made after market hours yesterday, 29 August 2018.

Laurus Labs announced that the company has received an approval from United States Food and Drug Administration (US FDA) for Metformin Hydrochloride Tablets USP 500mg, 850mg and 1000mg which are used for treatment of diabetes. The Product and API will be commercialized from Company's Unit 2 located at APSEZ, Atchutapuram, Visakhapatnam, Andhra Pradesh. The announcement was made after market hours yesterday, 29 August 2018.

 

Greaves Cotton board of directors has approved the proposal of investment in Ampere Vehicles. The announcement was made after market hours yesterday, 29 August 2018.

National Fertilizers (NFL) has signed Memorandum of Agreement (MoA) with RFCL to market RFCL Products including 12.71 LMT urea to be produced by RFCL Plant at Ramagundam. NFL would market RFCL Urea under its brand 'Kisan'. The announcement was made after market hours yesterday, 29 August 2018.

Jain Irrigation Systems announced award of $18.27 million contract by Rwanda Agriculture Board (RAB), Kigali, Rwanda for irrigation and watershed development in Mahama Sector under Export Targeted Modern Irrigated Agriculture Projects in Rwanda. The announcement was made after market hours yesterday, 29 August 2018.

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First Published: Aug 30 2018 | 8:54 AM IST

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