HCL Tech completes Butler America acquisition and other top corporate news of the day

India Infoline News Service | Mumbai | January 05, 2017 08:55 IST

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

Asian businessman reading newspaper on park bench
Godrej Properties Ltd (GPL) has sold more than 300 apartments within two months of launch at its project Godrej Greens in Pune. This represents more than 75% of the 400 apartments that were opened for sale. (BL)
Jubilant Life Sciences subsidiary has signed long-term contracts in the US for the supply of some of its diagnostic and therapeutic products. (BL)
IndiGo and SpiceJet have raised "security" concerns over the government's decision to allow 100% foreign ownership by non-airline players in the Indian carriers. (ET)
BGR Energy Systems has recently won two contracts worth Rs6.50bn for setting up water treatment plants. (BL)
Premier Explosives Ltd has received an order from ISRO (Indian Space Research Organisation) for production of developmental motor for use in the Polar Satellite Launch Vehicle. (BL)
Reliance Jio and Tata Tele Services Ltd (TTSL) opposed in the Delhi High Court the pleas filed by Bharti Airtel and Vodafone challenging Trai's interconnect usage charges regulations fixing termination charges for the landline to wireless as zero paise and wireless to wireless at 14p/min. (BS)
HCL Technologies has completed its USD85mn acquisition of Butler America Aerospace. (BS)
Maruti Suzuki India opened online booking for its premium hatchback 'Ignis' that it plans to launch next week. (BS)
Online automobile marketplace Droom as tied up with Axis Bank to provide quick sanction of loans on both new as well as used cars. (ET)
Sun Pharma announced successful Phase 3 confirmatory clinical trial results for Seciera for the treatment of dry eye disease. (BS)
JK Tyre & Industries has sought shareholders’ approval (through postal ballot) to raise up to Rs10bn by issuing securities. (BL)
NHPC has signed a power purchase agreement with the government of Mizoram for the upcoming hydroelectric projects Tawang-I and Tawang-II in Arunachal Pradesh. The agreement is for a period of 35 years. (BL)
Tata Elxsi inked a pact with Irdeto to provide secure in-car display systems for auto mobiles. (BL)
BGR Energy Systems Ltd, an EPC (engineering procurement and construction) company, has announced it entry into large size water treatment business after securing contracts worth Rs6.50bn. (BL)



  • Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
  • Now Save Rs.3150 on your Demat Account ...Click here
  • Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.