Exide Industries will hold a meeting of the Board of Directors of the Company on 29 July 2022.

The Board of Indian Card Clothing Company at its meeting held on 27 June 2022 has approved the proposal of acquiring balance 40% equity stake in Garnett Wire, UK – foreign subsidiary of the Company, from the Joint Venture Partner – Joseph Sellers & Son.

JK Tyre & Industries announced that India Ratings and Research has affirmed long term issuer rating at IND A- and revised the outlook to Negative from Stable of Cavendish Industries, a subsidiary of the company. The instrument-wise ratings action are as follows:

Long term loans - IND A-/Negative
Fund-based and non-fund based working capital limits - IND A-/ Negative/ IND A2+

Tata Power Solar Systems, a wholly-owned subsidiary of Tata Power, has accomplished a remarkable feat by commissioning India's largest floating solar power project in Kayamkulam, Kerala on a 350-acre water body, backwaters area, having an installed capacity of 101.6 Megawatt Peak.

This installation was completed within the stipulated period, despite the arduous challenges of variable water depths, high sea tides, and severe water salinity concerns faced throughout the project's construction duration.

Tata Power Solar successfully built a scaffolding platform on the water body to make the entire solar plant float on water. This project is the first one in the Floating Solar Photovoltaic (FSPV) through Power Purchase Agreement category. This plant boasts a floating inverter platform having a 5 Megawatt (MW) capacity. The large-scale installation and commissioning of this 101.6 MWp capacity solar plant have been the fastest in the FSPV category, with ready a Commercial Operation Date (CoD) certification, which means the project has been nodded as complete and operational. The entire project is anchored to the waterbed of Kerala backwater using 134 cast pile foundations that are bored to a depth of 20 meters underwater to support the Central Monitoring and Control Stations (CMCS) and the 33/220 kilovolts switchyard. All this was done by dredging soil strata underwater, wherein the high groundwater was also a deterrent.

The entire array involving floats and solar panel modules had to be towed for 3 kilometers on a sea-linked National waterway, which was 15 meters deep, exposing the solar modules to high winds and gushing tides often reaching a height of about 3.5 meters. To operationalize the project, Tata Power Solar 's execution team was successfully able to synchronize the 33/220 Kilovolts Air Insulated Substation (AIS) with 220 Kilovolts existing Gas Insulated Substation (GIS)

Thomas Cook (India) has launched FX-Now - a pioneering digital tool that empowers its corporate segment with convenient, customizable and contactless end-to-end foreign exchange services.

Foreign exchange procedures require careful documentation and approvals - resulting in complex/cumbersome processes. In an initiative to simplify the process, yet maintain necessary checks and balances, Thomas Cook India's FX-Now ushers in a digitized foreign exchange model that ensures speed, accuracy and seamless services for its on-the-go business travellers.

Saianand Commercial will hold a meeting of the Board of Directors of the Company on 4 July 2022.

Waltham Forest Council, based in East London, England, has selected Oracle Fusion Cloud Applications Suite to streamline operations. By using Oracle Fusion Applications for finance, procurement, and HR the Council will be able to improve insights, reduce costs, and enhance its employee experience. The implementation will be delivered by Oracle Partner Network (OPN) member, Evosys, a Mastek company.

Evosys will be leveraging its successful GLIDE programme which is a proven and tested methodology to successfully migrate Waltham Forest Council from SAP to Oracle Cloud and at the same time deliver increased productivity, efficiency, and improved delivery across the Council's different service areas.

Lupin has allotted 70,724 equity shares under ESOP on 27 June 2022.

In view of the above, the issued and paid-up capital of the Company has been increased tot 90,92,46,822 consisting 45,46,23,411 equity shares oft 21- each.

The Board of Hindustan Copper will meet on 30 June 2022 to consider (i) raising funds by issue of equity shares through Qualified Institutional Placement method to the extent of 9,69,76,680 equity shares of face value of Rs.5/- each of the Company in one or more tranches (ii) to offer, issue and allot secured or unsecured non-convertible debentures or bonds on private placement basis up to Rs.500 crore.

Kutch Copper (KCL), a subsidiary of Adani Enterprises (AEL), is setting up a greenfield copper refinery project for production of refined copper with 1 MTPA (million tons per annum) in two phases. For the phase1 capacity of 0.5 MTPA, KCL has achieved financial closure through a syndicated club loan for the greenfield copper refinery project at Mundra, Gujarat, with the execution of financing documents with the consortium of banks led by State Bank of India (SBI). The other consortium members are Bank of Baroda, Canara Bank, EXIM Bank of India, Indian Bank, Punjab National Bank, and Bank of Maharashtra. The consortium of banks has sanctioned and signed agreement for the entire debt requirement of Rs 6071 crore for the Phase1 of the KCL Project.