Cipla sold majority stake in CQCIL, Uganda, for $25-30 million, companies in news

Companies and stocks in the news today include Cipla, which has sold a majority stake in CQCIL, Uganda, for $25-30 million

RailTel Corporation of India has received a work order worth Rs 287.57 crore from the Centre for Development of Advanced Computing (C-DAC) for the supply, installation, integration, testing and commissioning of IT infrastructure in greenfield data centres at New Delhi and Bengaluru.

M R Kumar has resigned as Chairman [Non-Executive (Nominee) Director] from the board of LIC Housing Finance.

PNC Infratech has been declared the L1 bidder for a National Highways Authority of India (NHAI) project for the construction of the 6-lane Greenfield Varanasi-Ranchi-Kolkata Highway under Bharatmala Pariyojana in Bihar in the hybrid annuity mode.

TVS Motor Company has received board approval for the allotment of non-convertible debentures worth Rs 125 crore.

Capri Global Capital has announced that its gold loan AUM has crossed the business of Rs 1,000 crore.

Elgi Equipments' wholly-owned subsidiary, Elgi Compressors USA, has acquired a 33.33% stake in CS Industrial Services LLC.