LT Foods inked a 51:49 JV with Kameda Seika and other top corporate news of the day

India Infoline News Service | Mumbai | November 25, 2016 08:33 IST

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

Canadian Pension Plan Investment Board (CPPIB) has emerged as a strong contender to clinch a Rs20bn (USD300mn) deal to buy into select mall assets of Atul Ruia-led Phoenix Mills. (ET)
 
The board of directors of Tata Motors had decided to convene an extraordinary general meeting, or EGM, on December 22 to pass a resolution to remove Cyrus Mistry and Nusli Wadia as directors of the company. (ET)
 
The US FDA recorded seven observations as part of its recent inspection of Sun Pharma’s manufacturing site at Mohali. (ET)
 
A fire incident was reported at the refinery complex of Reliance Industries Ltd (RIL) at Jamnagar. (BL)
 
LT Foods has inked a 51:49 joint venture with Kameda Seika, to sell rice-based snacks in India. (ET)
 
Natco Pharma has received final approval from the US health regulator for generic version of Budesonide capsules used for treatment of active Crohn's disease for the American market. (ET)

JSW Group plans to diversify into electric car manufacturing. (BS)
 
Talcher Thermal Power Station of NTPC achieved its ever best highest single day generation of 11.496mu of electricity at 104.13% capacity utilisation on November 23, 2016. (ET)
 
YES Bank announced a partnership with Gujarat State Road Transport Corporation (GSRTC) to digitise payment of bus tickets for its customers. (BL)

 

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