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Radico Khaitan Unveils Rampur Barrel Blush at Whisky Live Paris 2024

Radico Khaitan Unveils Rampur Barrel Blush at Whisky Live Paris 2024

30 September 2024

On September 28, 2024, Radico Khaitan Limited, a leading Indian company in the IMFL (Indian Made Foreign Liquor) segment, introduced its latest Indian Single Malt Whisky, the Rampur Barrel Blush, at Whisky Live Paris 2024. The event, known for showcasing international spirits, will run from September 28 to September 30 at La Grande Halle de …

Zydus Lifesciences Gains USFDA Approval for Enzalutamide Capsules, Expands Cancer Treatment Portfolio

Zydus Lifesciences Gains USFDA Approval for Enzalutamide Capsules, Expands Cancer Treatment Portfolio

30 September 2024

Zydus Lifesciences Limited, along with its subsidiaries and affiliates, has received final approval from the U.S. Food and Drug Administration (USFDA) to manufacture Enzalutamide Capsules, 40 mg.  These capsules, which are used to treat metastatic castration-resistant prostate cancer, work by inhibiting androgen receptors. The capsules will be produced at Zydus’ manufacturing facility in Moraiya, Ahmedabad. …

Tata Motors Breaks Ground on ₹9,000 Crore Facility in Tamil Nadu to Build Next-Gen Vehicles

Tata Motors Breaks Ground on ₹9,000 Crore Facility in Tamil Nadu to Build Next-Gen Vehicles

30 September 2024

On September 28, 2024, Tata Motors Group, a leading manufacturer of commercial and passenger vehicles in India, took a major step to boost local manufacturing with the groundbreaking of a new production facility in Panapakkam, Ranipet district, Tamil Nadu. This modern facility will produce the next generation of cars and SUVs for Tata Motors and …

HDFC Bank sells $717 million of home loans to reduce credit book

HDFC Bank sells $717 million of home loans to reduce credit book

27 September 2024

In the Indian banking sector, HDFC Bank Limited has made a name for itself as a leader thanks to its cutting-edge goods and services, solid customer service, and steady financial results. HDFC Bank has a vast network of branches and ATMs throughout the nation, which allows it to serve a wide range of customers’ financial …

Max Healthcare to Acquire 64% Stake in Jaypee Healthcare

Max Healthcare to Acquire 64% Stake in Jaypee Healthcare

27 September 2024

Max Healthcare Institute Limited, a major player in the Indian healthcare sector, has announced its plan to acquire a 63.65% equity stake in Jaypee Healthcare Limited (JHL) for approximately Rs.398 crore. This acquisition comes amid Jaypee Healthcare’s ongoing Corporate Insolvency Resolution Process (CIRP) and shows Max Healthcare’s strategy to strengthen its operations in the National …

Block Deal Worth Rs 1,110.9 Crore in Sterling and Wilson Renewable Energy

Block Deal Worth Rs 1,110.9 Crore in Sterling and Wilson Renewable Energy

27 September 2024

Sterling and Wilson Renewable Energy Limited (SWREL) is a global leader in providing end-to-end renewable engineering, procurement, and construction (EPC) solutions. With a presence in 28 countries, SWREL has established itself as a pure-play renewable energy company specializing in utility-scale solar, floating solar, hybrid, and energy storage solutions. The company has a robust portfolio of …

Ola Electric’s Affordable S1 X 2kWh Scooter Secures PLI Certification

Ola Electric’s Affordable S1 X 2kWh Scooter Secures PLI Certification

27 September 2024

Ola Electric’s Latest Milestone in EV Manufacturing In an exciting development for India’s electric vehicle (EV) sector, Ola Electric’s S1 X 2kWh scooter has officially secured Production Linked Incentive (PLI) certification. This certification further cements Ola Electric’s position as a leader in the EV market, thanks to its adherence to stringent localisation norms and the …

Lemon Tree signed a pact for a 74-room property in Gujarat.

Lemon Tree signed a pact for a 74-room property in Gujarat.

27 September 2024

In May 2004, Lemon Tree Hotels Limited (LTHL) inaugurated its first hotel, comprising 49 rooms. With over 160 hotels in its portfolio as of right now, the company boasts over 100 hotels that are currently in operation and over 60 hotels that are slated to open in India and other countries. In addition to many …

Krsnaa Diagnostics Partners with Apulki Healthcare to Transform Cancer and Cardiac Care in India

Krsnaa Diagnostics Partners with Apulki Healthcare to Transform Cancer and Cardiac Care in India

26 September 2024

On September 25, 2024, Krsnaa Diagnostics Ltd, a leading provider of diagnostic services in India, announced a strategic investment in Apulki Healthcare Private Limited.  This partnership marks India’s first Public Private Partnership (PPP) focused on cancer and cardiac care hospitals. Through this collaboration, Krsnaa will provide a wide range of integrated diagnostic services at Apulki’s …

Shriram Finance Raises $500M via Social Bond to Boost MSME Growth

Shriram Finance Raises $500M via Social Bond to Boost MSME Growth

26 September 2024

On September 25, 2024, Shriram Finance Limited (SFL), one of India’s largest retail-focused non-banking finance companies, successfully raised $500 million through a fixed-rate senior secured bond with a 3.5-year maturity at a 6.15% interest rate.  This marks SFL’s biggest bond deal to date and is the company’s ninth USD bond issuance since the easing of …

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