NEW DELHI: Apollo HospitalsBSE 1.77 % today said its clinics subsidiary Apollo Health and Lifestyle has raised Rs 450 crore by selling 29 per cent equity stake to World Bank's arm IFC, to fund its growth plans.

Apollo Health and Lifestyle Ltd (AHLL) has received "investments of Rs 450 crore from International Finance Corporation (IFC) and IFC Asset Management Company. The investment will fuel AHLL's expansion plans", Apollo Hospitals Enterprise said in a BSE filing.

NEW DELHI: Diversified group ITCBSE 0.19 % will set up an integrated consumer goods facility and a five star hotel in Odisha at an investment of Rs 800 crore.

The integrated consumer goods manufacturing facility is being built on an area of 700,000 sq ft at Khordha district in Odisha. The firm will roll out ITC's food brands like Aashirvaad, Bingo, Sunfeast, YiPPee! from the unit, a company statement said.

The National Stock Exchange (NSE) has extended its concession scheme 'NSE MORE' in the transaction charges for the currency derivative segment till December 31.

Earlier, the scheme was available for a period of three months from July 1 to September 30, and was further extended till November 30.

Private sector HDFC Bank on Wednesday said it would offer cash withdrawal services in over 50 large stores across metro cities, where the customer can swipe their debit cards in the stores’ point of sales machines to withdraw cash up to Rs 2,000.

The facility will be available for non-HDFC Bank customers as well.

Country's largest car maker Maruti Suzuki on Thursday reported an impressive growth of 14.1% in domestic sales for November in spite of demonetisation. While retail sales at dealerships have been impacted, wholesale volumes have risen as dealers had relatively lower inventory post Diwali. Also, models like Brezza and Baleno have had a waiting period for a couple of months.

The Insurance Regulatory and Development Authority of India (Irdai) has allowed insurers to be part of the Joint Lenders’ Forum (JLF), formed under Reserve Bank of India (RBI) guidelines for loan accounts that could turn non-performing assets (NPAs).

“Through this mechanism, insurers may take need-based exposure with the prior approval of the insurer's board which may be in excess of exposures permitted under extant Irdai Investment Regulations,” said the circular that has been sent to insurers.

Wipro has sold off energy services business EcoEnergy to the Indian arm of United Technologies Corporation for an estimated Rs 465 crore as part of its strategy to exit noncore businesses.

Wipro said it was a strategic decision to divest from the energy business as the software major would focus on core IT services business. Both the companies signed a pact on Wednesday. In last financial year, EcoEnergy contributed nearly Rs 67.6 crore to the company’s overall revenue and its net worth was Rs 15.6 crore.

Mumbai: The Indian rupee on Wednesday closed at a one week high against the US dollar after domestic equity markets gained for the fourth consecutive session. This was the second consecutive sessions when the rupee closed higher.

The rupee closed at 68.39 a dollar—a level last seen on 22 November, up 0.39% from its previous close of 68.66. The home currency opened at 68.68 against the US dollar and touched a high of 68.37 a dollar during intraday trading. So far this year, it has fallen 3.27%.

You can now play “Pac-Man” with your Facebook Messenger buddies. Facebook is adding the option to play games with your contacts on the messaging app beginning today. You can access the feature in the latest version of the app by tapping a game controller icon.

Games available include classics such as “Pac-Man,” ”Space Invaders” and “Galaga,” as well as newer titles. It’s the latest effort by the world’s biggest social network to get people to spend even more time on its properties.

The Supreme Court on Wednesday ordered that the National Anthem should be played in all cinema halls across the country before the movie starts, accompanied by the national flag on screen. The apex court also stated that everyone present in the cinema hall must rise and pay respect to the national anthem. Meanwhile, the Central government has agreed to circulate the Supreme Court’s order to all States’ Chief Secretaries and to publish it on electronic and print media.

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