The Board of Bajaj Electricals at its meeting held on 29 September 2022 has approved the Scheme of Merger by Absorption of Nirlep Appliances (Transferor Company) with Bajaj Electricals (Transferee Company) and their respective shareholders under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 (Scheme).

The Board of Bayer CropScience on 28 September 2022 has approved the sale of its Environmental Science Business which offers solutions to control pests, diseases and weeds in non-agricultural areas such as vector control and professional pest management to 2022 ES Discovery India on a slump sale basis, for a consideration of Rs. 111.1 crore pursuant to the terms and conditions of a Business Transfer Agreement to be executed between the Company and 2022 ES Discovery India.

Gujarat State Fertilizers & Chemicals announced that CARE Ratings has reaffirmed the credit ratings assigned to debt facilities of the company as under:

Long term rating - CARE AA+
Short term rating - CARE A1+

Hero MotoCorp announced the appointment of Indian actor, Ram Charan as the new brand ambassador. The energized high-decibel campaign of Glamour XTEC - Gazab Style, Gazab Technology features Ram Charan riding stunning Glamour in Nexus Blue Colour.

Larsen & Toubro has organized the visit of institutional shareholders and sell side analysts to its A. M. Naik Heavy Engineering Complex, Hazira today (29 September 2022), to showcase the manufacturing and fabrication facilities of its various businesses (Power, Heavy Engineering and Hydrocarbon).