Tata Steel: The Tata Group company and the UK government announced a joint agreement to invest 1.25 billion pound in electric arc furnace steelmaking at the Port Talbot site. This included a grant from the UK Government of up to 500 million pound. The Port Talbot project will reduce direct emissions by 50 million tonnes over 10 years. Further, the project would also involve Tata Steel’s balance sheet being restructured with potential elimination of the current cash losses in the UK operations and non-cash impairment of legacy investments.
Wipro: The technology services and consulting major has opened a new office in Jefferson city, Missouri. The office will serve as a base to more than 500 employees and will partner with the state’s Jobs for America’s Graduates (JAG) programme to attract local talent.
Jupiter Life Line Hospitals: The Mumbai-based healthcare services provider will list its equity shares on the BSE and NSE on September 18. The issue price has been fixed at Rs 735 per share.
Hindustan Aeronautics: The Defence Acquisition Council has accorded approval for Acceptance of Necessity (AON) for procurement of 12 Su-30MKI Aircraft from Hindustan Aeronautics, with associated equipment and avionics upgradation of Dornier Aircraft.
Bharat Electronics: The state-owned defence company has received an order of Rs 2,118.57 crore from Cochin Shipyard for supply of various equipment consisting of sensors, weapon equipment, fire control systems and communication…