JSW bids Rs 25,000 crore for Bhushan Steel and other top corporate news of the day

India Infoline News Service | Mumbai | January 25, 2017 08:44 IST

Check out the most important news stories which captured the headlines at the corporate level in India and internationally.

Businesswoman sitting on bench reading newspaper, News
Cyient said its subsidiary has signed a definitive agreement to acquire 100% equity in the Certon Software Inc. in an all-cash deal. (ET)
 
Ajanta Pharma said that there is no import alert by the USFDA on the company's manufacturing unit in Aurangabad and it continues to supply to the US market. (ET)
 
Lupin has launched generic version of contraceptives Ortho-Cyclen tablets after getting approval from the US health regulator. (BL)
 
BASF, whose global business portfolio includes chemicals, agricultural solutions, and oil and gas, plans to launch five products for rice crop protection in India. (BL)
 
North Eastern Carrying Corporation announced that it has bagged a contract worth Rs4bn from Tata Steel for transportation of raw materials. (BL)
 
BHEL, in association with ABB, has bagged a project worth Rs13.60bn from Power Grid Corp. (BS)
 
JSW Steel has submitted a bid of Rs250bn to banks for debt-ridden Bhushan Steel. (BS) 
 
Indian firms in December 2016 raised USD2.8bn in overseas borrowings, including that from rupee denominated bonds (RDB). (ET)
 
Investments in domestic capital markets through participatory notes (P-Notes) have plunged to 41-month low of Rs1.57trn in December. (ET)

 

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