According to market rumors, Verlinvest Asia plans to sell Sula Vineyards shares at around Rs 473 per share in a block deal.
In a speech to company shareholders in its 2022-23 annual report, Biocon Biologics executive chairman Kiran Mazumdar-Shaw said the company was on track to integrate a major part of the biosimilars business acquired by longtime partner Viatris this fiscal year, which was released on Wednesday.
Gallantt Ispat Ltd has entered into an agreement with East Coast Railway, Bhubaneswar, Odisha to buy and own railway wagons to address shortage of wagons in Indian Railways. One of two rail rakes (a set of wagons pulled by an engine) has been delivered. The railroad rake so delivered is working and running.
DreamFolks announces a strategic partnership with one of the leading Visa service providers to offer Premium Lounge and Doorstep Visa services at Visa Centers. The partnership is an important milestone for DreamFolks as clients, including banks, card networks and corporations, have been eagerly waiting to include Visa services as part of their offerings to clients.
WS Industries India Ltd has secured an order from CMK Projects Private Limited to construct a railway flyover in Tiruchirappalli, Tamil Nadu, worth approximately Rs. 306.3 crore including GST.
Ajanta Pharma Limited has received final approval from the United States Food and Drug Administration (USFDA) to market topiramate extended release capsules (25mg, 50mg, 100mg and 200mg). Topiramate is the generic version of Trokendi XR™ from Supernus Pharmaceuticals Inc.Ajanta can launch topiramate on February 1, 2026 or sooner, according to settlement with innovators
Andhra Paper said the Andhra Pradesh Pollution Control Board has approved the installation of a PCC plant for efficient carbon capture and reuse to reduce carbon emissions and support climate change initiatives.
BHEL won the order to build the second phase of the 2x800MW supercritical thermal power project in Lala, Chhattisgarh through international competitive bidding. The scope of work included design, engineering, fabrication, supply, construction, installation, testing and commissioning as well as civil and structural engineering, including EPC packages for biomass co-firing steam generators, steam turbines, generators and auxiliaries, emission control systems, controls. And instrumentation, equipment package balance, etc.
The board of Kamat Hotles has approved the acquisition of 100% equity interest in Envotel Hotels Himachal Private Limited, making it a wholly-owned subsidiary of the company.
Avro India’s board has approved raising up to Rs 350 crore through a rights issue, subject to obtaining the necessary approvals.
The Competition Commission of India (CCI) has fined NTPC Ltd Limited Rs 40 lakh for failing to notify the competition watchdog before the completion of the acquisition of 35.47 shares in Ratnagiri Gas & Power Pvt Ltd (RGPPL) on December 31, 2020
Johnson & Johnson and Indian drugmaker Lupine will supply their respective versions of the tuberculosis drug bedaquiline to low- and middle-income countries at significantly cheaper prices, the Global Fight Against TB said on Wednesday.
The Board of Directors of Mahindra Logistic has appointed Saurabh Taneja as the company’s chief financial officer and key management, effective 1 September. The board also appointed Ashay Shah as a senior executive of the company and head of LMD and strategy, effective October 1.
Natco Pharma informed exchanges that it has made a $2 million strategic investment in Delaware-based ISCA Inc, which had a turnover of $9.3 million in the last fiscal year ending December 2022. ISCA is in the business of agricultural pest control.
Rail Vikas Nigam Ltd has emerged as the lowest bidder (L1) for the Maharashtra Metro Corporation’s Rs 2,562 crore project. The above projects will be implemented within 30 months.
