Shriram City Union Finance: Acacia II Partners LP & Others sold 3 lakh shares in the company via an open market transaction on September 17, reducing shareholding to 3.01% from 3.46% earlier.
Indiabulls Housing Finance: BlackRock Inc sold 6,43,970 equity shares in the company via open market transaction, reducing shareholding to 3.56% from 3.7% earlier. Indiabulls Housing Finance has sold a portion of its stake in OakNorth Holdings for approximately Rs251cr.
Alankit has entered into a project from Punjab National Bank related to request for proposal for engagement of corporate business correspondents for financial inclusion by providing banking services through Kiosks. The company will be entitled to receive substantial amount from Punjab National Bank.
Biocon: The US Food and Drug Administration has issued a Form 483 with a total of 6 observations across drug substance, drug product and devices facilities after completion of on-site pre-approval inspection at Biocon Biologics' Insulin manufacturing facility in Malaysia.
SJVN has bagged the full quoted capacity of 1000 MW at a Viability Gap Funding (VGF) support of Rs44.72 lakh per MW from Government of India, through Request for Proposal (RFP) floated by Indian Renewable Energy Development Agency Limited (IREDA). The tentative cost of construction and development of this project is Rs5,500cr.