RIL
Reliance Industries Ltd (RIL) and Walt Disney Co signed a non-binding term sheet in London last week to move ahead with plans to create India’s largest media and entertainment business, ET reported.
Aurobindo Pharma
The US FDA conducted a pre-approval inspection (PAI) at a new injectable facility of Eugia US Manufacturing LLC (a step-down wholly owned subsidiary of Aurobindo Pharma). The inspection closed with 10 observations.
Vedanta
Vedanta arm Bharat Aluminium Co (BALCO) received Rs 84 crore GST demand from Bilaspur authorities for FY17-18 on account of various interpretational issues.
Infosys
A global company terminated the MOU for a $1.5 billion deal with Infosys.