ADANI POWER: The Securities and Exchange Board of India is examining the company’s proposal to delist its shares from exchanges, potentially intensifying woes for the Adani Group, which is currently facing a wider probe by the markets regulator. (Mint)
The Adani Group has been allowed a three-month extension to take over the airports at Jaipur, Guwahati and Thiruvananthapuram, Civil Aviation Minister Jyotiraditya Scindia told the Lok Sabha on Thursday. (Mint)
AUROBINDO PHARMA: Said that its near-term focus would be to launch COVID-19 vaccine UB612 in India and UNICEF markets, besides working on key growth areas. (Informist)
The company has secured the US Food and Drug Administration's nod for Nicotine Polacrilex drug. (Informist)
AXIS BANK: After shareholders' approval on Friday, the bank submitted an application to BSE and National Stock Exchange on Thursday to classify four state-owned insurance companies as public shareholders. (Informist)
BANK OF BARODA: Baroda Asset Management India has appointed Suresh Soni as chief executive officer, with effect from Tuesday. (Informist)
BANK OF MAHARASHTRA: Is set to waive its processing fee for gold, housing and car loans from Monday till Sep 30 under its Retail Bonanza-Monsoon Dhamaka offer. (Informist)
B.L. KASHYAP AND SONS: Has bagged orders worth 1.9 bln rupees, including 1.05-bln-rupee order for concrete and block work package at Bengaluru and 848.3-mln-rupee order for civil and block work. (Informist)
BRIGADE ENTERPRISES: Booked sales worth 4.8 bln rupees in the Apr-Jun quarter, up 92% from a year ago. The average price realisation was 6,275 rupees per sq ft, up 5% on year and 2% on quarter. (Informist)