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Aurionpro Transit Teams Up with Fime for Transit Solutions

Aurionpro Transit Teams Up with Fime for Transit Solutions

24 May 2024

On May 24, 2024, Aurionpro Solutions Limited informed the stock exchanges that the company’s subsidiary, Aurionpro Transit, has entered into a strategic collaboration with Fime to explore opportunities in transit ticketing, payments, and fare collection projects worldwide. Fime is a leading provider of consulting and testing services for payment systems. Aurionpro Solutions Limited stated that …

Azad Engineering Secures Defence Contract From Research Arm Of Drdo And Ministry Of Defense

Azad Engineering Secures Defence Contract From Research Arm Of Drdo And Ministry Of Defense

24 May 2024

Nation Pride Contract with GTRE AZAD Engineering has recently secured a prestigious nation pride contract from the Gas Turbine Research Establishment (GTRE), a pioneering Research and Development Organization under DRDO (Defence Research and Development Organisation) and the Ministry of Defence, Government of India. The contract involves the end-to-end manufacturing, assembly, and integration of a complete …

Phenylephrine Hydrochloride Eye Drops by Caplin Steriles Receive USFDA Nod

Phenylephrine Hydrochloride Eye Drops by Caplin Steriles Receive USFDA Nod

24 May 2024

On May 24, 2024, Caplin Point Laboratories Limited informed the stock exchanges that the company’s subsidiary, Caplin Steriles Limited, has received final approval from the United States Food and Drug Administration (USFDA). The approval is for its Abbreviated New Drug Application (ANDA) for Phenylephrine hydrochloride Ophthalmic Solution USP 2.5% and 10% (eye drops). Phenylephrine hydrochloride …

DroneAcharya and Airbots Forge Strategic Partnership for Agricultural Drone Solutions

DroneAcharya and Airbots Forge Strategic Partnership for Agricultural Drone Solutions

24 May 2024

On May 24, 2024, DroneAcharya Aerial Innovations Limited, in a stock exchange filing, announced a strategic partnership with Airbots Aerospace Technologies Private Limited via a Memorandum of Understanding (MOU). The company stated that this collaboration aims to enhance their combined initiatives in the drone sector, particularly agricultural applications. As per the agreement between DroneAcharya Aerial …

Jagsonpal Introduces India’s First Hormone Replacement Therapy

Jagsonpal Introduces India’s First Hormone Replacement Therapy

24 May 2024

On May 24, 2024, Jagsonpal Pharmaceuticals Limited informed the exchanges about the launch of MemUp, India’s first hormone replacement therapy (HRT) that features a US FDA-approved combination of bioidentical estradiol and bio-identical progesterone in a single daily oral capsule. MemUp represents a major advancement in women’s healthcare, providing an innovative solution for managing vasomotor symptoms …

Biocon and Handok Ink Exclusive Deal for Liraglutide Commercialisation in South Korea

Biocon and Handok Ink Exclusive Deal for Liraglutide Commercialisation in South Korea

24 May 2024

On May 24, 2024, Biocon Ltd announced in an exchange filing that the company had signed an exclusive licensing and supply agreement with Handok to commercialise its vertically integrated, complex drug product, Synthetic Liraglutide. Handok is a speciality pharmaceutical company in South Korea. It is involved in the development and distribution of healthcare solutions to …

HCLTech’s AquaSphere Wins SAP Pinnacle Award

HCLTech’s AquaSphere Wins SAP Pinnacle Award

24 May 2024

On May 23, 2024, HCL Technologies Limited (HCLTech) informed the exchanges that the company won the SAP Pinnacle Award in the Social Impact category for the HCLTech AquaSphere solution that helps companies reach their water conservation goals. The SAP Pinnacle Awards recognise leading SAP partners each year for their dedication to delivering customer value, achieving …

Tata Power Aims To Secure a $1 Billion Loan To Support Its Clean Energy Projects

Tata Power Aims To Secure a $1 Billion Loan To Support Its Clean Energy Projects

24 May 2024

Tata  Power Company Limited is an Indian electric utility and electricity generation company based in Mumbai, India, and is part of the Tata Group. The power generation company has a market capitalization of more than 2,00,000 crores, The Tata Group company is seeking to secure a $1 Billion loan for the support of its clean …

Upcoming Dividends in June 2024

Upcoming Dividends in June 2024

24 May 2024

The Reserve Bank of India approved a dividend of Rs 2.11 lakh crore for the Central government for FY24, marking a significant increase of around 141% compared to FY23. Additionally, the contingency risk buffer (CRB) has been raised to 6.5% from its previous level of 6%. In FY23, the central bank had transferred Rs 87,416 …

Honasa Consumer Strengthens R&D with Acquisition of Cosmogenesis Cosmetics

Honasa Consumer Strengthens R&D with Acquisition of Cosmogenesis Cosmetics

24 May 2024

Honasa Consumer Limited, a leading digital-first house of beauty and personal care brands, announced a strategic move to bolster its research and development (R&D) capabilities. The company has entered an Asset Purchase Agreement with Cosmogenesis Cosmetics, a Thane, Maharashtra-based cosmetics R&D consultancy and manufacturing firm. Acquisition Details The agreement entails the acquisition of specific assets …

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