Vodafone Concept: Debt-ridden Vodafone Concept Ltd (Vi) reported a web lack of ₹4,532 crore for the December quarter, decrease than the ₹6,439 crore a yr in the past, pushed by larger 4G wi-fi buyer additions, improved service high quality and value optimization. India’s third-largest telecom operator by market share had posted a web lack of ₹7,218 crore within the September quarter.

Lupin: Baltimore-based Lupin Prescribed drugs Inc, an arm of the Mumbai-based drug maker, is recalling 46,479 bottles of anti-viral medicine Oseltamivir Phosphate for Oral Suspension within the US market. USFDA famous that Lupin has initiated the recall of the affected lot because of,”Failed Impurities/Degradation Specs”.

Aurobindo Pharma: AuroMedics Pharma LLC, a unit of Hyderabad-based Aurobindo Pharma, is recalling 3,094 cartons of Acetaminophen injection within the US market. The corporate is recalling the lot because of “discoloration and failed pH specs”, in keeping with a US FDA report. AuroMedics Pharma is recalling affected a number of Acetaminophen injection which have been produced in India, US FDA stated.

ONGC: State-owned Oil and Pure Fuel Company (ONGC) is forming a brand new subsidiary for fuel enterprise that may very well be used to bid and purchase fuel from the agency’s personal fields. The board of ONGC at its assembly on 13 February permitted creation of a brand new wholly-owned subsidiary firm for fuel and liquefied pure fuel (LNG) enterprise worth chain topic to mandatory approvals.

Kalpataru Energy Transmission: The corporate posted greater than two-fold leap in consolidated web revenue to ₹308 crore for the December quarter in comparison with the year-ago interval primarily on the again of upper revenues. The consolidated web revenue of Kalpataru Energy was ₹133 crore within the quarter ended on 31 December 2019.

Edelweiss Monetary Companies: The corporate reported a consolidated web lack of ₹63 crore for the third quarter led to December 2020. It had registered a web revenue of ₹35.32 crore in the identical quarter final yr. Sequentially, the loss widened from ₹56.12 crore in quarter ended September 2020.

Godfrey Phillips: Cigarette maker Godfrey Phillips India Ltd reported an 8.09% enhance in its consolidated web revenue to ₹123.10 crore for the third quarter led to December 2020. The corporate had posted a web revenue of ₹113.89 crore in the course of the October-December quarter of the earlier fiscal.

Glenmark Prescribed drugs: Drug agency Glenmark Prescribed drugs reported a 30.04% rise in its consolidated web revenue to ₹248.17 crore for the quarter ended December 2020, primarily on account of strong gross sales in India and progress within the API section. The corporate had posted a web revenue of ₹190.83 crore for the corresponding interval of the earlier fiscal.

Indiabulls Housing Finance: The mortgage lender is seeking to elevate ₹5,000 crore by the securitisation route in fourth quarter of the present monetary yr, in keeping with a PTI report. Within the three months ended December 31, 2020, it had raised round ₹2,000 crore by the route.

Bharti Airtel: The corporate’s board will meet on February 17 to debate the longer term strategic plans and reorganisation of the shareholding framework of subsidiary firms. This may increasingly result in consolidation/ acquisition of shares of subsidiary firms, “the consideration of which can be discharged by the issuance of fairness shares of the corporate on a preferential foundation and/or money”, the corporate stated in a regulatory submitting.