Produced by: BT Desk Designed by: Muskan Arora
Firm has inked a deal for 51 per cent stake in TSA Process Equipments for high-purity water requirements in sectors such as pharma, biopharma, personal care and food & beverages. Thermax will fully acquire the balance stake of the company over the next two years.
Lender will acquire SBI CAPS subsidiary for Rs 708.07 crore. SBI plans to acquire 100 per cent of SBICAPS Venture Ltd (SVL) for which all regulatory approvals are in place, the bank said in a filing.
Firm baggedorder worth ₹214 crore from Union Bank of India for Hyper-converged Infrastructure and Software Solution for cloud tech.
Its arm has inked a deal with Aptos, a subsidiary of Taiwan Mask Corporation, for cooperation training on semiconductor packaging and testing technology.
Lender has raised $750 million from GIFT City International Financial Services Centre. The fund was raised through the US dollar-denominated senior unsecured bonds, HDFC Bank said in a regulatory filing.
IRDAI okayed an infusion of ₹1,612 crore in the insurance firm. Last year in August, the company announced a capital infusion by Axis Bank by issuance of 14.25 crore equity shares to help Max Life to improve solvency margins
Firm has bagged nod from the USFDA, US drug regulator, for Dasatinib tablets used to treat Philadelphia Chromosome Positive Chronic Myeloid Leukemia.
Firm has okayed share purchase agreement with Onsite Electro Services for the sale of its stake in Qdigi for ₹80 crore. Quess Corp will invest ₹35 crore to subscribe to 56,500 Compulsory Convertible Preference Shares of Onsite.
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