RIL, Russian firm Sibur join hands for rubber plant and top corporate news of the day

India Infoline News Service | Mumbai | January 19, 2017 08:32 IST

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

Adani Ports and Special Economic Zone Ltd (Adani Ports) has figured among the 12 companies in Asia that are facing challenges in retaining investment grade ratings. (BL)
Panacea Biotec has inked a pact with UNICEF for the supply of Pentavalent Vaccine (Easyfive-TT) in the current year. (BL)
Warburg Pincus has acquired about 14% stake through its affiliates in the leading multiplex chain PVR Cinemas for about Rs8.20bn. (BL)
After exiting  the Light Commercial Vehicle (LCV) joint venture it had with Nissan in September last year, Ashok Leyland launched a newly modified LCV, 'Partner', and an Intermediate Commercial vehicle (ICV), 'Guru'. (BS)
Zydus Cadila has received approval from the US health regulator to market methotrexate tablets, a chemotherapy drug, in the American market. (BL)  
Reliance Industries and Russian petrochemical giant Sibur have signed an agreement to set up South Asia's first butyl rubber halogenation unit at Jamnagar in Gujarat. (ET)
Cipla said its subsidiary Goldencross Pharma has entered into a pact to sell its entire stake in Four M Propack to Shriji Polymers for a consideration of up to Rs192mn. (BL)
Indiabulls Real Estate said that its subsidiary firm has received Rs7.01bn refund from the Delhi Development Authority (DDA) following a judgement from the Supreme Court of India. (ET)
Zee Entertainment Enterprises Ltd has signed a deal for four television series with the international content distributor, Eccho Rights. (BL)

The Cabinet approved the listing of public sector general insurance companies through a combination of fresh issuance of shares or Offer for Sale. (BS)
The Cabinet approved the introduction of a Bill to repeal redundant and obsolete Central acts besides several other MoUs with countries including United Arab Emirates. (BL)


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