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Wipro: The IT services major announced the launch of the Wipro-Google Cloud Innovation Arena in Bengaluru to accelerate the adoption of cloud services.
Tata Consulting Services: In a big boost to the Kerala government’s attempt to attract investment, leading IT service provider TCS has agreed to invest Rs 690 crore to set up an innovation park in Kochi.
MotoCorp Heroes: The leading two-wheeler manufacturer is launching a retro-styled Harley-Davidson model at full throttle as it seeks to enter a highly profitable segment in the premium motorcycle space.
Vodafone idea: The debt-ridden telecommunications operator claimed to have recorded a top speed of 3.7 gigabits per second (gbps), the highest of any operator in India, during 5G trials in Pune.
Cadila Health: Pharmaceutical company Zydus Cadila said it has received approval from the U.S. health regulator to bring vortioxetine tablets, used to treat depression, to the U.S. market. The company has received final approval from the United States Food and Drug Administration (USFDA) to market vortioxetine tablets.
Zomato: The online food delivery platform did not disclose the exit of its co-founder Gaurav Gupta to the exchanges because he was not named as a key management staff, nor as a promoter of the company.
Sobha: The real estate company announced the appointment of Yogesh Bansal as the company’s chief financial officer. The company informed that the board of directors at the meeting appointed Yogesh Bansal as CFO.
IDBI Bank: Most of the investment bankers who had submitted bids to facilitate the strategic sale of the PFR-controlled IDBI bank indicated a one-year deadline to complete the elaborate process, sources said.
Parabolic television: The direct-to-home delivery service provider faces special notice from shareholder Yes Bank to dismiss CEO Jawahar Goel and four other directors, has requested an extension of the deadline for holding the annual general meeting of the company.
Bank: The state-owned private lender reduced the interest rate on mortgage loans above Rs 50 lakh from 0.50% to 6.60%.
Force motors: The auto actor highlighted unscientific and “ill-founded” prejudices against diesel utility vehicles and called for the free movement of such vehicles within cities.
Clothes: The Telangana government and the Kitex group of Kerala signed a memorandum of understanding for the establishment of two integrated clusters of clothing fibers manufacturing.
India welspun: The textiles player said he plans to invest around Rs 800 crore in expanding the capacity of his home textiles and flooring business over the next two years.
Hindustan copper: The public metals player is taking the necessary steps to increase production at its mines and is also increasing mining capacity through expansion plans.
MAS Financial Services: The non-bank finance company said it had raised Rs 100 crore through a private placement of market-linked non-convertible debentures (NCDs).
Moneyboxx Finance: NBFC said it raised Rs 7.5 crore through a DCB Bank term loan for on-lending to individuals for agricultural and related activities.
