BHEL commissions thermal unit in Telangana
Bharat Heavy Electricals Ltd (BHEL) has commissioned another 600 MW coal based thermal power plant in state of Telangana. The unit has been commissioned at the 2×600 MW Singareni Thermal Power Project located in Adilabad district in Telangana.
The project has been developed by Singareni Collieries Company. This is the second 600 MW unit commissioned by BHEL at Singareni TPP. The first unit of the project was earlier commissioned in March 2016.
Lupin gets tentative nod for Generic Giazo Tablets
Lupin has received tentative approval for its Balasalazide Disodium Tablets, 1.1 gm from the United States Food and Drug Administration (USFDA) to market a generic version of Salix Pharmaceuticals Incs Giazo® Tablets, 1.1 gm. The filling is from Lupins Goa manufacturing facility.
Ashok Leyland launches Oyster brand of bus
Ashok Leyland has launched the Oyster brand of bus (with a seating capacity of 33 people) in the Saudi Arabia markets.
This is the 3rd product launch by the company in the Saudi markets. Positive
JK Tyre board approves fund raising
JK Tyre & Industries at its board meeting held on December 28, 2016, approved raising up to Rs1000 crore by issuing securities, convertible / non-convertible, with or without warrant with right exercisable by the warrant holder to convert or subscribe to equity shares, by way of public and/or private offerings and/or qualified institutions placement ( QIP), including Global depository receipts ( GDRs), American depository receipts ( ADRs), foreign currency convertible bonds ( FCCBs), or any combination thereof, in one of more tranches.
IRB surges after securing road project from NHAI
IRB Infrastructure Developers has announced that it has received letter of award from National Highways Authority of India (NHAI) for six-laning of 90 km stretch of National Highway (NH) 79A and NH 79 in Rajasthan on design-build-finance-operate-transfer (DBFOT) (Toll) under National Highways Development Project (NHDP) Phase V package – I project.
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