BHEL commissioned 4x30MW Pulichintala hydroelectric project in Telangana and other top corporate news of the day

India Infoline News Service | Mumbai | December 02, 2016 08:38 IST

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

Apollo Hospitals said its clinics subsidiary, Apollo Health and Lifestyle, has raised Rs4.50bn by selling 29% equity stake to World Bank’s arm IFC, to fund its growth plans. (BL)
Lupin announced a new partnership with Eli Lilly India to market and sell the latter’s diabetes treatment drug ‘Eglucent’ in the country. (BL)
Bharat Heavy Electricals Ltd has commissioned the first unit of the 4x30MW Pulichintala hydroelectric project in Telangana. (BL)
The government has restricted coal production from Reliance Power’s Moher and Moher Amlohri extension blocks attached to the Sasan ultra mega power project (UMPP) in Madhya Pradesh. (ET)
KPIT has completed an agreement to invest in a Germany-headquartered automotive engineering services company. (ET)
Mukesh Ambani, chairman and managing director, Reliance Industries (RIL) said that all Reliance Jio's new users will get free voice calls and data from December 4 to 31 March 2017 as part of the company's new year offer. (BS)
ITC will set up an integrated consumer goods facility and a five star hotel in Odisha at an investment of Rs8bn.  (ET)
Sun Pharma is eyeing a controlling stake in Bolt Equity Limited which is backed by AAC Capital. (ET)

Surana Solar Ltd has received an order from Aryavaan Renewable Energy Pvt Ltd, one of the subsidiaries of Surana Telecom and Power Ltd, for the supply of solar modules for a 5MW solar power plant. (BL)
Vedanta group has lined up Rs300bn investments to ramp up the capacity of Cairn India. (BS)
Wipro Limited has been awarded a three-year IT infrastructure services and digital transformation contract by Woodside, an Australian oil and gas company with a global presence. (BS)



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