Cipla in focus after USFDA inspection at Goa facility

Cipla informed that the United States Food and Drug Administration (USFDA) conducted a cGMP inspection at our Goa manufacturing facility from 16 to 27 September 2019. The inspection ended with 12 observations, none of which are related to data integrity. The company will respond to the agency within the stipulated timeline. The announcement was made on Saturday, 28 September 2019.

Tata Power Company said its wholly-owned subsidiary Tata Power Solar Systems has won bid of one of the largest floating solar plants in the world worth approx. Rs 343 crore to be installed at NTPC Kayamkulam in Kerala. The announcement was made after market hours on Friday, 27 September 2019.

Kajaria Tiles (formerly known as Kajaria Floera Ceramics) [KTPL], a wholly-owned subsidiary of the Kajaria Ceramics, will start the commercial production of tiles on 29 September 2019 at its manufacturing facility situated at Survey No. 129, Industrial Park, Opp. Bhavanisankarapuram, Thatiparthi( V), Thottambedu(M), Near Srikalahasti, Chittoor Dist., A.P. The announcement was made on Saturday, 28 September 2019.

The Board of Directors of IDBI Bank has granted in-principle approval to divest 6.23 crore equity shares (19.18%) of Asset Reconstruction Company (India). The announcement was made after market hours on Friday, 27 September 2019.

Lakshmi Vilas Bank said that prompt corrective action plan is initiated by Reserve Bank of India with effect from 27 September 2019. The announcement was made on Saturday, 28 September 2019.

Punjab & Sind Bank has received an amount of Rs 787 crore from the Government of India in connection with the capital infusion. The announcement was made after market hours on Friday, 27 September 2019.

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