Maruti Suzuki India

The country's largest car maker has planned to increase car prices across 7 models, effective April 8, due to rising input costs, operational expenses, regulatory changes, and feature additions.

HDFC Bank

The Securities and Exchange Board of India has issued an administrative warning letter to the bank, alleging certain non-compliances in relation to custodian activities being carried out by the bank.

Bharat Electronics

The company has signed a contract with the Indian Air Force valued at Rs 593.22 crore for providing maintenance services for the Akash Missile System, which was supplied by the company.

Kirloskar Oil Engines

The company has received an order worth Rs 270 crore from the Indian Navy for the design and development of a medium-speed marine diesel engine of 6MW capacity under the Make-I scheme.

Elpro International

The company sold its remaining shareholding (of 1.63 crore equity shares) in PNB MetLife India Insurance Company for Rs 134.4 crore.

Interarch Building Products

The company has received a Letter of Intent for a purchase order worth over Rs 300 crore involving a job of 30,000 MT from a new customer. The order involves design, engineering, manufacturing, supply, and erection of pre-engineered steel building systems.

VVIP Infratech

The company has received a Letter of Acceptance and Letter of Intent (LOA/LOI) amounting to Rs 414 crore for infrastructure works from government departments in Uttarakhand and Uttar Pradesh.

Mahindra Lifespace Developers

The company is the preferred partner for the redevelopment of two residential societies in the Lokhandwala Complex, Andheri West, Mumbai, with a project value of Rs 1,200 crore.

GE Power India

The company has received purchase orders worth Rs 38.2 crore from NTPC for the supply of generator parts for the Talcher site.

Authum Investment & Infrastructure

The company has emerged as the successful resolution applicant for the acquisition of Vas Infrastructure for Rs 86.04 crore due to the Resolution Plan submitted by the company.

Lupin

The company's subsidiary, Lupin Healthcare (UK), has entered into a definitive agreement and acquired the entire share capital of Renascience Pharma, United Kingdom, for GBP 12.3 million.

Tata Communications

The Board of TC Netherlands approved a proposal for the repurchase of issued share capital of TC Netherlands of 16.718 million euros held by Tata Communications International Pte (TC Singapore), a direct wholly-owned subsidiary of the company. After the share buyback, TC Netherlands would become a direct wholly-owned subsidiary of the company.

Chennai Petroleum Corporation

The government has appointed H Shankar as Managing Director of the company, effective April 2. At the time of appointment, H Shankar was Director (Technical) of the company and was also holding additional charge of Managing Director.

Hindustan Copper

The company has executed an agreement with Corporacion Nacional Del Cobre De Chile (CODELCO) for cooperation and exchange of information. The main objective of this agreement is to implement joint activities in exploration and exploitation of mining properties and mineral beneficiation through sharing experience and knowledge

Reliance Industries

The company laid the foundation stone of the first Reliance Compressed Bio-Gas (CBG) plant at Kanigiri, Andhra Pradesh. The project is being developed with a capital investment of Rs 139 crore and is the first in a series of 500 projects involving a total capital outlay of Rs 65,000 crore for Andhra Pradesh.

PNB Housing Finance

Amit Singh has resigned as Chief People Officer (Function Head) of the company due to personal reasons, effective May 30. Satish Kumar Singh, Function Head, will take charge as the Chief People Officer of the company, effective May 31.

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