KEC International Limited informed on Wednesday after the market hours that it has secured new orders worth Rs 1,514 crore across its various businesses.

The leading Indian WiFi brand, Input-Output (IO) by HFCL Limited announced the launch of its Telecom Infra Project (TIP) Open WiFi compliant access points for PM-WANI deployments.

Dr Reddy’s Laboratories Limited along with its subsidiaries today announced the launch of Ertapenem injection, which is a therapeutic equivalent generic version of Invanz (Ertapenem injection). The company received approval from US Food & Drug Administration (USFDA).

Hinduja Group’s, NXT Digital Limited has entered into a partnership with one of the largest multi-system operators (MSO) in the country i.e. SITI Networks Ltd for sharing its infrastructure facility via headend-in-the-sky (HITS) platform. 

Ruchi Soya Industries Limited has signed a business transfer agreement (BTA) with Patanjali Natural Biscuits Pvt Ltd (PNBPL) to acquire its business of manufacturing, packing & labelling of biscuits, cookies, rusk and other associated bakery products.

UPL Limited has informed the bourses that its subsidiary has entered into a licence agreement with the Japanese company, Meiji Seika Pharma Co., Ltd. for exclusive access to Flupyrimin for rice in Southeast Asia.

Generic Engineering Construction & Projects Limited has bagged new work orders worth Rs 101.77 crore for various institutional projects from reputed clients, existing as well as new, which inter alia includes residential, commercial, industrial and educational projects.

TelOne, one of Zimbabwe’s largest telecom entities has deployed Tejas Networks’ 100G/100G+ coherent DWDM solution.

A summary of the most important economic news that moved markets during the week.

Tata Motors Limited has announced that it will increase prices of its passenger vehicles, averaging 1.8 per cent, depending upon the variant and model, with effect from May 8, 2021.