* Pidilite: they launched its new product Fevikwik Gel. Read more on what Manish Dubey, chief marketing officer (CMO) of Pidilite Industries said.
* PatelEngineering: JV receives Letter of Acceptance for the project worth Rs 525.4 cr, co’s share is Rs 268 cr.
* Zee Entertainment Enterprise: A Delhi court has ordered Bloomberg to take down an article that alleged corporate governance issues at the company and reported that the market regulator has found a $241 million accounting issue at the company.
* SMSPharma: says the European Directorate for the Quality of Medicines & Health conducted a GMP inspection of the Company’s Active Pharmaceutical Ingredient (API) manufacturing facility located in Andhra Pradesh from February 28 to March 1. The report is awaited.
* One 97 Communications: The Financial Intelligence Unit of India has imposed a penalty of Rs 5.49 crore on Paytm Payments Bank for violations of the bank's obligations under the Prevention of Money Laundering Act, 2002.
* Jio Financial Services: The Bombay Stock Exchange announced its periodic reconstitution of S&P BSE Indices on Thursday, with Jio Financial Services being the only addition to the S&P BSE Large Cap.
* PFC: The company incorporated Bhuj II Transmission for the development of 'Augmentation of Transformation Capacity at Bhuj-11 PS and Angul Sundargarh Transmission for the development of 'Eastern Region Transmission Limited Generation Scheme-l'.
* Axis Bank: The company approved the raising of Rs 4,000 crore via long-term bonds, non-convertible debentures, and other debt instruments. The fundraiser will have a base issue size of Rs 1,000 crore and a green shoe option of Rs 3,000 crore.
* Lemon Tree: The company signed a franchise agreement for an upcoming hotel in Udaipur, Rajasthan, under its brand, 'Keys Lite'.
* Asian Paints: The company will set up a new water-based paint manufacturing facility in Madhya Pradesh with a capacity of 4 lakhs KL per annum. The approximate investment for the facility is Rs 2,000 crore.
* Info Edge: Google removes Info Edge's job search app Naukri and property search app 99acres from Play Store enforcement action.
* Torrent Power: The company received a Rs 2,700 crore order from Railway Energy Management for installing about 325 MW of renewable capacity. The company received a letter of award from NTPC Vidyut Vyapar Nigam to supply power from a gas-based power project.
* Tanla Platforms, Vodafone Idea: Tanla Platforms has signed a definitive Memorandum of Understanding with Vodafone Idea Business Services Ltd. to deploy 'Messaging as a platform' in India.
* Cipla: The U.S. FDA conducted a pre-approval inspection at the manufacturing facility in China from Feb. 26 to March 1 and concluded with zero Form 483 observations.
* Rainbow Children Hospital: The company has inaugurated a new 80-bed hospital in Tamil Nadu. After this, the total bed capacity of the company will increase to 1,885 beds. The total project cost is Rs 60 crore.
* PVR Inox: The company opened a 4-screen multiplex in Patna and a 14-screen multiplex in Pune.
* Larsen and Turbo: The company's arm has transferred the remaining 25% stake in step-down unit IIML to Allianz Infrastructure Luxembourg on Feb. 29.
* Hero MotoCorp: The company reported total sales at 4.68 lakh units vs. 3.94 lakh units year-on-year and total exports at 23,153 units vs. 12,143 units.
* Maruti Suzuki India: The company reported a total production volume of 1.78 lakh units vs. 1.59 lakh units year-on-year for February.
* Welspun Corp.: The company's unit proposed to set up a manufacturing facility for plastic pipes and water storage tanks in Madhya Pradesh for an investment of Rs 400 crore.
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