Adani Transmission has merged its WOS under Adani Cooling Solutions Limited (ACSL) to carry out the District Cooling Systems business. ACSL will commence its business operations in due course.

• Bharat Electronics Wins Rs 1,155 Crore Contracts, Shares End Flat
• Aurobindo Pharma Arm Gets USFDA Approval
• Gravita India Set to Acquire Recycling Facility in Europe; Shares Fall 
• Cleantech Startup Exposome Secured Funding of Rs 10 Crores from Colossa Ventures
• JSW Infrastructure to Raise Over Rs 5,000 Crore via QIP, Shares Up 6%

TVS Motor plans to launch the Euro-5 two-wheeler in Turkey. The company will further strengthen its presence in Turkey with the Euro 5-compliant TVS NTORQ Race Edition, TVS Jupiter, TVS Apache RTR 200 4V and TVS Raider.

Paytm has approved a share buyback program of over Rs 850 crore at a price not exceeding Rs 810 per share. Open market access through the stock exchange mechanism.

GMR Hyderabad International Airport (GHIAL), GMR Airports-subsidiary, and a step-down subsidiary of GMR Airports Infrastructure Limited announced fundraising through the issuance of 10 years of Redeemable, Listed, Rated and Secured NonConvertible, Debentures (NCDs) amounting Rs 11.50 billion, on private placement basis (PPB).

The operation of Bayer CropScience at the company’s crop protection formulations plant located at Himatnagar in Gujarat has been temporarily discontinued under the Directions of the Gujarat Pollution Control Board (‘GPCB’).