Cipla, Deep Industries and Bharti Airtel to see some action today

Cipla Health (CHL), the wholly owned subsidiary and consumer healthcare arm of Cipla, has signed a business transfer agreement (BTA) for purchase of the distribution and marketing business undertaking of cosmetics and personal care business (Undertaking) of Ivia Beaute, India (IVIA) including IVIA’s brands namely Astaberry, Ikin and Bhimsaini on a worldwide basis. This strategic move is aligned with Cipla’s focus on enhancing its consumer healthcare and wellness portfolio.

Deep Industries has received a Letter of Award from Oil India for Charter Hiring of 01 No. of 1000 HP Mobile Rig package for 2 years (with the provision of 1-year extension) for Drilling and Workover jobs in Tulamara DSF Block, Tripura under OIL, Duliajan. The total estimated value of the said award is approximately Rs 81 crore.

Bharti Airtel has deployed additional sites in various districts such as Nanded, Palakkad, Purba & Paschim Medinipur and Shajapur under its rural enhancement project. In this year alone, Airtel has doubled down on its commitment to the states and has invested additional capex to enhance its network connectivity for seamless experience on 4G, 5G, Broadband and Fiber. The addition of fresh fiber capacity will support the growth of demand for high-speed data services in these regions.

Thomas Cook (India) has opened a counter at its franchise outlet at Laxmi Nagar, in its focus to leverage the growing market of Delhi-NCR. This expands the company’s forex network in Delhi-NCR to 12 locations: 11 branches and 1 airport outlet. In addition to the commercial hub of Laxmi Nagar, the outlet will serve residential/ business areas of Preet Vihar, Nirman Vihar, Pandav Nagar, Patparganj, Mayur Vihar, Shakarpur and Geeta Colony. Thomas Cook’s data has highlighted Delhi NCR as a high growth market and Laxmi Nagar offers the company a range of valuable consumer segments including students, business and leisure travellers.

Bank of India (BoI) and India Mortgage Guarantee Corporation (IMGC) have entered into partnership to offer innovative mortgage guarantee-backed home loan products. This collaboration focuses on salaried and self-employed home loan customers in the affordable housing segment. Leveraging IMGC's guarantee expertise and BoI's extensive network of over 5,100 branches across India, this collaboration will enable the bank to provide home loan products with greater flexibility and security to potential home owners.

Tata Consultancy Services (TCS) has unveiled a new delivery center in Londrina, Parana, Brazil. This new center will create more than 1,600 new job opportunities over the next five years, contribute to the local economy and strengthen TCS’ presence in the region. Present in Londrina since 2018, TCS employs around 1,700 people in the city. The new centralized campus will bring the city workforce under one roof, creating a vibrant hub for collaboration and innovation in Londrina.

Hitech Corporation has received an approval for incorporation of a Wholly Owned Subsidiary (WOS) in the United States of America (USA).The WOS is being incorporated in USA with object to explore the opportunities for upgrading manufacturing technology and newer technical knowhow, improve designing capabilities of products and moulds, research and development of innovative materials and sustainable alternatives for circular economy, sourcing new products for the company and expanding the base of vendors and customers globally as well as for finding new business opportunities.