Hindustan Unilever (HUL) has completed the acquisition of 19.8% shareholding of Nutritionalab for a total consideration of Rs 70 crore following the terms and conditions of the Definitive Agreements dated 8 December 2022.

NTPC Green Energy (NGEL) wholly owned subsidiary of NTPC, signed a non-binding Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Ltd (HPCL) for the Development of Renewable Energy based Power Projects to tap Business opportunities in RE and supply of 400 MW round the clock renewable power for requirements of HPCL.

Hindustan Petroleum Corporation (HPCL) has forayed into the petrochemical business with the pre-marketing of ‘HP DURAPOL brand polymers. Rajasthan Refinery Limited (HRRL) is setting up a new 9 MMTPA capacity grass root Refinery-cum petrochemical complex at Pachpadra in District Barmer, Rajasthan.

Marico announced that the sector witnessed some improvement in demand, which was more visible in specific categories of the festive fervour and oncoming winter season. Revenue grew in low single digits on YoY.

Likhitha Infrastructure has received total orders worth approximately Rs 457.39 crore, excluding GST, from various Oil or Gas Distribution Companies In Q3FY23.

The board of directors of IRB Infrastructure Developers considered and approved the subdivision of one equity share of Rs 10 each into 10 equity shares of Re 1 each.