The provided content covers various business-related updates in India. Several companies, including Vedanta Limited, Reliance Industries, Lupin, and others, have made major announcements regarding their financial status, strategic acquisitions, contracts, and fundraising plans.
Vedanta Limited has called a board meeting to discuss its fourth interim dividend for the financial year 2024-25.
Reliance Industries has purchased a majority stake in Mumbai Industrial Developer for ₹16.28 billion (approximately USD 192 million)
Lupin has broadened its presence in the pharmaceutical market with the acquisition of three diabetes-related trademarks worth approximately USD 2-3 million.
Rites has bagged a prestigious border infrastructure project worth over ₹297 crore ( approximately USD 37 million ).
Other highlights include Aurobindo Pharma facing ₹10.48 crore as GST demand, Aeroflex Industries planning to raise up to ₹400 crores, Afcons securing ₹1,007 crorE Bhopal Metro Rail Contract, HBL Power Systems winning €1,522.3 crores train safety order. These updates demonstrate growing companies with diverse business developments and are expected to increase transparency