: IT Indian IT major has launched the Quantum Computing Lab on Amazon Web Services to help enterprises explore, develop, and test and accelerate the adoption of quantum computing.
HCL Technology: The IT company has signed a multi-year contract with Switzerland-based maintenance, repair and overhaul service provider SR Technics to digitally transform its operations. SR Technics works with a network of partners and business development offices in Europe, Americas, Asia and the Middle East.
Lupin: The drug firm said its Brazil-based unit has inked a pact to acquire rights nine products from a subsidiary of Bausch Health Companies Inc. The company’s wholly-owned subsidiary in Brazil, MedQuimica Industria Farmaceutica, has signed a definitive agreement to acquire all rights to nine medicines from BL Industria Otica Ltd.
& Retail: Aditya Birla Groups brand picked up significant minority stakes in eight digital-first lifestyle brands for Rs 290 crore. The eight investments include Berrylush, Bewakoof, Juneberry, Natilene, Nauti Nati, Nobero, Urbano and Veirdo. It did not disclose the quantum of money invested or the stake picked up.
BSE: Markets regulator Sebi approved the appointment of Sundararaman Ramamurthy as the Managing Director & Chief Executive Officer of leading stock exchange. BSE said the appointment is subject to acceptance of the offer made to him and fulfillment of terms and conditions including approval from the shareholders.
: Small Cap World Fund offloaded 12,72,000 shares or 3.5 per cent stake in pharma company Ami Organics at an average price of Rs 920 apiece for Rs 117 crore through an open market transaction, according to the block deal data available with the National Stock Exchange (NSE).
NBCC (India): The state-owned construction firm said it has got work orders worth Rs 271.62 crore in projects of erstwhile realty firm Amrapali Group. The company informed that it has got an order of Rs 42.44 crore for construction of balance works works of Amrapali corporate Hub at IMT Manesar, Gurugram in Haryana.
Five Star Business Finance: The recently listed NBFC declared 22 per cent QoQ growth in its PAT to Rs 144 crore while its disbursements jumped 127 per cent QoQ to Rs 803 crore. The AUM for the company stood at Rs 5,732 crore, up 24 per cent YoY, whereas The net interest margin came in at 17.6 per cent.
Can Fin Homes: The housing finance company declared an interim dividend of Rs 1.50 per equity share of Rs 2 each. The company has fixed December 9, 2022 as the record date for the payment of this interim dividend and the dividend will be paid to the eligible shareholders by December 26, 2022.
Dredging Corporation of India: The state-owned dredging player plans to foray into the foreign dredging market. The initiatives taken for setting our foot once again in foreign waters is likely to materialise. DCI has already been executing the dredging contract for Mongla Port, Bangladesh.
: The realty firm has sold 400 plots for over Rs 200 crore in its new project in Bengaluru. The company informed that its wholly-owned subsidiary Arvind Homes Pvt Ltd has launched and sold the entire first phase of its residential plotting project ‘Arvind Greatlands’ at Devanahalli in Bengaluru on November 26, 2022.
Fashions: The Hyderabad based manufacturer is planning a capex of Rs 300 crore over next 18 months towards installation of another 500 machines to meet the growing demand for products. It is in the process of acquiring 100 units of cut and sew machines for manufacturing of T-shirts and tracks, dyeing plant and covering plants.