The Reserve Bank of India (RBI) has approved the reappointment of Baskar Babu Ramachandran as MD & CEO of Suryoday Small Finance Bank for three years, effective from January 23, 2023.

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Rail Vikas Nigam has received a Letter of Agreement for appointment as Project Implementation Agency for implementing the UTF Harbor Project in Maldives. This is a strategic project of the Government of India, and the project cost is Rs 1,544.60 crore.

On December 30, 2022, Punjab & Sind Bank scheduled a board meeting to consider and approve raising capital to an amount aggregating to Rs 250 crore.

India Pesticides’ wholly owned subsidiary named, Shalvis Specialities Limited (SSL), has received environmental clearance from the Ministry of Environment for setting up the Manufacturing Plant of API Ingredients & Intermediates, Agrochemicals & Intermediates and Fine Chemicals Manufacturing Unit’ at UPSIDC Industrial Area of Uttar Pradesh (UP) in Sumerpur, District Hamirpur.

Hariom Pipe Industries entered into an Asset Transfer Agreement with R.P. Metal Sections to purchase their operating Asset, which manufactures Galvanized Pipe and Cold Roll coil.

Kwality Pharmaceuticals has submitted the EU Compliance application to the Republic of Bulgaria to inspect Unit II of Kwality Pharmaceuticals in Himachal Pradesh.