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Zydus Lifesciences’ Zynext Ventures Invests in Illexcor for Sickle Cell Therapy

Zydus Lifesciences’ Zynext Ventures Invests in Illexcor for Sickle Cell Therapy

13 March 2025

Zynext Ventures USA LLC, the venture capital arm of Zydus Lifesciences, has announced an investment in Illexcor Therapeutics, a biopharmaceutical company pioneering next-generation oral therapies for sickle cell disease (SCD). This strategic investment highlights Zynext Ventures’ focus on supporting healthcare innovations that address critical unmet medical needs. A Novel Approach to Treating Sickle Cell Disease …

SEPC Share Price Rises 11.15% on Mar 13, 2025; Secures ₹2,200 Crore Saudi Contract

SEPC Share Price Rises 11.15% on Mar 13, 2025; Secures ₹2,200 Crore Saudi Contract

13 March 2025

SEPC Limited has been in focus on Thursday. On March 13, 2025, SEPC share price opened at ₹15.90, almost the same as its previous close of ₹15.34. At 10:24 AM, the share price of SEPC was trading at ₹17.05, up by 11.15% on the NSE. Notably, the stock price hit its 52-week low recently, on …

Zydus Lifesciences Expands US Portfolio with Methenamine Hippurate Tablet Approval

Zydus Lifesciences Expands US Portfolio with Methenamine Hippurate Tablet Approval

13 March 2025

Zydus Lifesciences Limited has received final approval from the United States Food and Drug Administration (USFDA) to manufacture and market Methenamine Hippurate Tablets USP, 1 gram.  Details of the Drug This drug, the generic version of Hiprex® Tablets, is used for the prophylactic or suppressive treatment of recurrent urinary tract infections (UTIs) when long-term therapy …

IndiGo Board Approves ₹3,940 Million Funding for Subsidiary

IndiGo Board Approves ₹3,940 Million Funding for Subsidiary

13 March 2025

InterGlobe Aviation Limited, the parent company of IndiGo, has announced an investment of up to ₹3,940 million (~$45 million) in its wholly owned subsidiary, InterGlobe Aviation Financial Services IFSC Private Limited (IndiGo IFSC).  The decision was approved by the Board of Directors in a meeting held on March 12, 2025. About IndiGo IFSC IndiGo IFSC …

TCS Expands Partnership with Coop Danmark to Enhance Retail Operations

TCS Expands Partnership with Coop Danmark to Enhance Retail Operations

13 March 2025

Tata Consultancy Services (TCS) has extended its long-standing partnership with Coop Danmark, Denmark’s leading consumer goods retailer, to further support its core business system.  As part of this collaboration, TCS will manage Coop’s enterprise resource planning (ERP) platform on SAP S/4HANA, ensuring seamless operations across more than 900 stores. By leveraging advanced digital solutions, TCS …

PB Fintech Shares Decline for Second Consecutive Day

PB Fintech Shares Decline for Second Consecutive Day

13 March 2025

New Delhi, Mar 13 (PTI) Shares of PB Fintech, parent entity of Policybazaar, on Thursday extended the losses for the second straight session by declining 5 per cent, a day after the company proposed to infuse Rs 696 crore in its healthcare arm. The stock of PB Fintech fell 5.14 per cent to Rs 1,333.50 …

Jaiprakash Associates’ Debt Transferred to NARCL by Lender Consortium

Jaiprakash Associates’ Debt Transferred to NARCL by Lender Consortium

13 March 2025

New Delhi, Mar 12 (PTI) Jaiprakash Associates Ltd, which is undergoing an insolvency process, on Wednesday said that a consortium of lenders has transferred their outstanding loans to National Asset Reconstruction Company Ltd (NARCL). Jaiprakash Associates Ltd (JAL) in a regulatory filing informed that the consortium of lenders of the company have “assigned/transferred their outstanding …

NTPC Green Shares in  Focus: Expands with Major Renewable Projects

NTPC Green Shares in Focus: Expands with Major Renewable Projects

13 March 2025

NTPC Green Energy Ltd, a subsidiary of the state-owned power giant NTPC, announced significant milestones in its renewable energy. On March 12, the company confirmed that its subsidiary, NTPC Renewable Energy Ltd, has successfully completed the second and final phase of the 105 MW Shajapur Solar Project in Madhya Pradesh. This achievement marks another step forward …

Jubilant Pharmova Subsidiary Jubilant Cadista Receives EIR with VAI Status from USFDA

Jubilant Pharmova Subsidiary Jubilant Cadista Receives EIR with VAI Status from USFDA

13 March 2025

Drug firm Jubilant Pharmova Ltd announced on Wednesday, March 12, that its subsidiary, Jubilant Cadista Pharmaceuticals Inc., has received an Establishment Inspection Report (EIR) with Voluntary Action Indicated (VAI) status from the US Food and Drug Administration (USFDA) for its solid oral formulations facility in Salisbury, Maryland, USA. USFDA Inspection Successfully Closed The EIR follows …

PFC Declared 4th Interim Dividend For FY25: Seeking to Raise ₹1.40 lakh crore in FY26

PFC Declared 4th Interim Dividend For FY25: Seeking to Raise ₹1.40 lakh crore in FY26

13 March 2025

On March 12, 2025, Power Finance Corporation (PFC), a state-owned entity, announced that its board of directors had approved an interim dividend of ₹3.5 per share (on a face value of ₹10 per share) for the financial year 2024-25. The record date for this dividend has been set for March 19, 2025, and shareholders will receive the …

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