One 97 Communications, Marksans Pharma and Rama Phosphates to see some action today

One 97 Communications’ wholly-owned subsidiary -- Paytm Payments Bank has been included in the 'Second Schedule to the Reserve Bank of India Act, 1934'. Being a scheduled payments bank, Paytm Payments Bank can now explore new business opportunities.

UK MHRA has granted Market Authorisation to Relonchem, a wholly owned subsidiary of Marksans Pharma, for Loperamide 2mg Hard Capsules. Marksans will manufacture the products at its UK MHRA approved state-of-the-art oral dosage facility located at Goa, India.

Rama Phosphates has taken on lease a Manufacturing unit for a period of seven years with effect from December 09, 2021 from Arihant Phosphates & Fertilizer. The Plant is located at Nimbahera in the district of Chittorgarh, Rajasthan which is bordering the State of Madhya Pradesh and has a Manufacturing Capacity of 66,000 MTPA of Single Super Phosphate (Powder & Granulated) which would enhance company’s total aggregate existing manufacturing capacity to 6.98 lakh MTPA.

Dispatch of coal by Coal India (CIL) to the power sector increased 22.5 per cent to 340 million tonne (MT) during April-November period of the ongoing fiscal year. CIL's despatches to coal-based power plants in the year-ago period stood at 277.4 MT.

The Adani Group has removed a ban on exports and imports to and from Afghanistan, Pakistan and Iran to its Mundra port reversing an order made in October. The ban was removed after consultations with terminal and vessel operators, customs broker associations and importers who had agreed to adhere to security compliance. The Adani Group had banned the import and export of containerised cargo from Afghanistan, Iran and Pakistan at its Mundra port on October 11.

Bajaj Electricals is planning to review its existing corporate structure due to the nature and potential opportunities of each of its business segments. The review will encompass an evaluation of full range of options and alternatives including demerger, subsidiarisation and strategic partnerships among various possibilities.

Infosys has collaborated with Packable, a leading e-commerce company with a proprietary tech-enabled offering, sitting at the intersection of brands, marketplaces and customers. Packable recently announced merger with Highland Transcend Partners, setting it on the path to becoming a public company. Through the collaboration with Packable, Infosys will integrate its flagship human-centric digital commerce platform, Infosys Equinox, with Packable IQ (Packable's proprietary ecommerce platform). The strategic collaboration will strengthen Packable's ability to offer its brand partners an engaging, innovative, and agile Direct to Consumer platform (D2C): D2C-in-a-box.