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Strides Pharma Secures US FDA Approval for Generic Sucralfate Oral Suspension

Strides Pharma Secures US FDA Approval for Generic Sucralfate Oral Suspension

22 May 2024

On May 22, 2024, Strides Pharma Science Limited (Strides) informed in an exchange filing that its step-down wholly owned subsidiary, Strides Pharma Global Pte. Limited, Singapore, has got a nod from the United States Food & Drug Administration (US FDA) for the generic version of Sucralfate Oral Suspension, 1gm/10 mL. Sucralfate Oral Suspension is bioequivalent …

Indoco Remedies Receives FDA Nod for Pregabalin Capsules

Indoco Remedies Receives FDA Nod for Pregabalin Capsules

22 May 2024

On May 21, 2024, Indoco Remedies informed the exchanges that the company got final approval from the U.S. Food and Drug Administration (US FDA) for Abbreviated New Drug Application (ANDA) for Pregabalin capsules 25mg, 50mg, 75mg, 100mg, 150mg, 200mg, 225mg and 300mg. The company stated that the Pregabalin capsules are a generic equivalent of the …

VST Tillers Tractors and Axis Bank Partner to Provide Financial Solutions for Farmers

VST Tillers Tractors and Axis Bank Partner to Provide Financial Solutions for Farmers

22 May 2024

On May 21, 2024, VST Tillers Tractors Ltd informed the exchanges that it has partnered with Axis Bank. The company has signed a Memorandum of Understanding (MOU) with Axis Bank to provide financial solutions for farmers purchasing tractors and farm mechanisation products. According to the agreement, Axis Bank will offer financial solutions to VST’s prospective …

Royal Orchid Hotels to Open Regenta Resort at the Statue of Unity

Royal Orchid Hotels to Open Regenta Resort at the Statue of Unity

22 May 2024

On May 21, 2024, Royal Orchid Hotels Ltd (ROHL) announced via an exchange filing the signing of ‘Regenta Resort,’ a luxury 5-star retreat near the world’s tallest statue, the Statue of Unity, in Kevadia, Gujarat. This will be the 15th ROHL-branded hotel in Gujarat. Strategically situated close to this globally recognised tourist attraction, Regenta Resort …

Hindustan Zinc Circuit Limit Revised to 10%: Discover Other Stocks with Revised Circuit Limits

Hindustan Zinc Circuit Limit Revised to 10%: Discover Other Stocks with Revised Circuit Limits

22 May 2024

In the latest trading session, while the frontline indices ended with mixed results, the Nifty Metal Index emerged as the star performer. Metal stocks such as Hindustan Zinc, Hindalco, Hind Copper, and Vedanta captured significant attention as copper prices soared towards record highs. This surge was driven by the Chinese government’s decision to purchase unsold …

RIL Secures Exclusive License for Nel’s Alkaline Electrolysers in India

RIL Secures Exclusive License for Nel’s Alkaline Electrolysers in India

22 May 2024

On May 21, 2024, Reliance Industries Limited (RIL) informed the exchanges that the company and Nel Hydrogen Electrolyser AS had entered into a technology licensing agreement. The agreement offers RIL an exclusive licence for Nel’s alkaline electrolysers in India and also allows RIL to manufacture Nel’s alkaline electrolysers for captive purposes globally. Nel Hydrogen Electrolyser …

Paytm FY24 Q4 results – Loss Plummets to Rs.550 Cr

Paytm FY24 Q4 results – Loss Plummets to Rs.550 Cr

22 May 2024

Paytm reported its Q4 results today and saw a significant widening of losses in Q4FY24. The company’s net loss surged to Rs.550 Cr compared to Rs.219.8 Cr in the same period last year. This substantial increase in losses was attributed to temporary disruptions related to the Unified Payments Interface (UPI) transition and a more permanent …

Share Market Pre Open Updates – May 22, 2024

Share Market Pre Open Updates – May 22, 2024

22 May 2024

On May 21, 2024, the Nifty 50 rose 0.12% and closed at 22,529, and the Sensex declined 0.07%, closing at 73,953.  Top Gainers and Losers On the sectoral front, Nifty Metal, Nifty PSU Bank, Nifty Media and Nifty Oil & Gas ended in the green. Meanwhile, Nifty Private Bank, Nifty FMCG, Nifty Bank and Nifty …

IRCON International Ltd. Reported Q4 Results: Net Profit Slipped by 4%

IRCON International Ltd. Reported Q4 Results: Net Profit Slipped by 4%

21 May 2024

Ircon International, or Indian Railway Construction International Limited (IRCON), is an Indian engineering & construction corporation, specializing in transport infrastructure. The public sector undertaking was established in 1976, The Government company has received its Q4 FY 2023-24 results today. Q4 Performance of IRCON International Ltd. IRCON International Ltd. has reported a fall of 4% in …

Zeel Entertainment Aspires for Industry-Leading EBITDA

Zeel Entertainment Aspires for Industry-Leading EBITDA

21 May 2024

The stock of Zee Entertainment Enterprises Ltd (ZEEL) was seen buzzing on the bourses on Tuesday. The shares jumped about 4.8% and ended near the day’s high. However, the year 2024, up until the first half of May, had not been kind to ZEEL, with the stock price plummeting more than 40%. Yet, a recent …

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