Ashok Leyland Ltd
Commercial vehicle maker Ashok Leyland, the flagship company of the Hinduja Group, has raised Rs 210 crore from sale of the its residential properties at Chennai.
Karur Vysya Bank Ltd
The bank said it lanuched a share sale on Tuesday to raise up to Rs 10 billion ($165 million) from institutional investors. The floor price for the sale is Rs 461.70, the lender said in a regulatory filing.
Wipro Ltd
The IT major is betting on two of its largest verticals serving the financial services and oil and gas sectors as India's third largest software exporter scouts for opportunities in Canada to offset lackluster performance in the US.
NTPC
The government plans to create public sector energy giants with a massive restructuring exercise that will amalgamate all state-run hydropower firms and transfer their thermal projects to NTPC to create strong companies that can take on the rapidly growing private conglomerates.
Ranbaxy Laboratories Ltd
Ranbaxy Laboratories' global HR head Sandeep Girotra has stepped down while its president of global pharma business, Rajiv Gulati, plans to leave soon, continuing the shake-up in senior management at the drugmaker that began a few months ago.
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Mahindra & Mahindra (M&M) is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumba...
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