Manaksia Coated Metals & Industries Limited announced a significant achievement in a stock exchange filing. The achievement is that the company is recognised as a Three-Star Export House by the Ministry of Commerce & Industry, Government of India, under the Foreign Trade Policy, 2023. This upgrade from the company’s previous One-Star Export House status underscores …
On July 15, 2024, Lupin Limited, a global pharmaceutical company, announced via a stock exchange filing that it had divested its U.S. Commercial Women’s Health Specialty Business to Evofem Biosciences, Inc., a U.S. biopharmaceutical company dedicated to Women’s Health. Lupin’s U.S. Women’s Health Specialty Business primarily focuses on commercialising SOLOSEC® (secnidazole) 2g oral granules, an …
RKN Enterprises, owned by Rishad Naoroji, a cousin of Adi Godrej, has significantly reduced its equity in Godrej Consumer Products Ltd. (GCPL) through open market transactions. This sale marks a pivotal moment for the company and reflects ongoing changes within the Godrej family business. Details of the Equity Sale On Monday, RKN Enterprises sold 1.13 …
This partnership between Purvah Green Power and Suzlon Energy marks a significant step towards increasing renewable energy capacity in India. The collaboration combines Suzlon’s expertise in wind turbine technology with Purvah Green Power’s focus on sustainable energy solutions, representing a significant advancement in boosting renewable energy capacity in India. The framework agreement sets the stage …
Zee Entertainment Enterprises Ltd. (ZEEL) shareholders have approved a plan to raise to Rs.2,000 crore through a share sale as the company seeks new investors following the collapse of its merger with Sony. The proposal received huge support, with 98.79% of shareholders voting in favor. Following the announcement, Zee’s shares were around 4% higher, trading …
Zydus Lifesciences Limited announced in a stock exchange filing that it has entered a non-exclusive patent licensing agreement with Takeda Pharmaceutical Company. The agreement is to market Vonoprazan, a novel Potassium Competitive Acid Blocker (P-CAB), in India under the brand name Vault®. This agreement aims to address the significant prevalence of Gastroesophageal Reflux Disease (GERD) …
In the latest stock exchange filing, Asian Paints announced its Q1 FY 2025 financial results, revealing a mixed performance across its various business segments. The company’s consolidated net sales declined by 2.3%, dropping to ₹8,943.2 crore in the quarter ended June 2024 from ₹9,153.8 crore in the same period last year. This decline was reflected …
TVS Motor Company announced through a stock exchange filing that Norton Motorcycles, now under its umbrella, revealed ambitious investment and growth plans aimed at positioning the brand for international expansion. At the Goodwood Festival of Speed, Norton’s senior leadership team, including Sudarshan Venu, Dr Robert Hentschel, and Richard Arnold, emphasised their vision for the brand …
Radico Khaitan Limited has announced in a stock exchange filing the introduction of the award-winning Sangam World Malt Whisky to the Indian market. The company stated that Sangam was launched just a year ago and has already earned international acclaim. Its debut in India marks a significant milestone in its remarkable journey. Whisky enthusiasts across …
Vikas Lifecare Limited has provided an update on its acquisition deal involving Ebix Inc., announced in a recent stock exchange filing. The acquisition, spearheaded by a consortium led by Eraaya Lifespaces Limited, involves a significant financial commitment aimed at acquiring 100% of the equity in Ebix Inc. The consortium, which includes Vikas Lifecare Limited as …
