Shares of Lupin Ltd. gained around 1% on Thursday, April 24, following the announcement of a major product launch in the US market. The pharmaceutical company is set to launch gTolvaptan, the generic version of Otsuka’s Jynarque, as the latter’s exclusivity ends. Lupin will enjoy a 180-day sole generic exclusivity, which could potentially extend further, …
The share price of BSE Ltd, India’s oldest stock exchange, reached a new lifetime high of ₹6,549.50 on April 24, 2025, up 0.85% intraday on the National Stock Exchange (NSE). This marks a substantial increase from its earlier high of ₹6,049.80 set on January 24, 2025. Notably, the stock has zoomed 71% from its recent …
Bajaj Finance Ltd. (BFL) is one of India’s most prominent non-banking financial companies (NBFCs), known for its expansive retail asset financing operations. Originally founded to support vehicle financing for Bajaj Auto’s two- and three-wheelers, the company has since evolved into a diversified financial powerhouse. Today, Bajaj Finance operates across seven broad verticals: Consumer Lending Commercial …
According to the news reports, BluSmart, an electric cab company, has hired Grant Thornton to conduct a deep financial investigation. This decision comes after SEBI started looking into alleged misuse of company funds by co-founder Anmol Jaggi. He is accused of using money meant for buying electric vehicles for his personal benefit. Misuse of Funds …
In a strategic push to ensure a long-term market for its crude oil, Saudi Arabia is partnering with Indian public sector companies to establish two new refineries in India. This move marks a renewed effort by the kingdom following two earlier setbacks in similar ventures. Refinery Plans and Investment Details According to news reports, Saudi …
According to the news reports, Vedanta Resources is considering listing its Zambian copper business, Konkola Copper Mines (KCM), in the US to raise around $1 billion. The aim is to use this money for mine development. The company has appointed Barclays and Citigroup to guide them through this possible IPO. One of the options being …
Panacea Biotec has received an additional order from UNICEF to supply 40 million doses of its bivalent oral polio vaccine (bopv). The order is valued at around $5.20 million (approximately ₹44 crore) and is scheduled for delivery in the third quarter of 2025. Background and Continuation This new order builds on an earlier agreement made …
On 23rd April 2025, NHPC Limited held a significant Board of Directors meeting to deliberate and decide on key infrastructural and financial matters. The spotlight was on renewable energy expansion and resource mobilisation, reflecting NHPC’s strategy to support India’s green energy mission. Approval of 1200 MW Solar Park in Jalaun A major highlight of the …
Royal Orchid Hotels Ltd (ROHL) has launched its 14th property in Maharashtra with the opening of Regenta Bharti Resort in Mahabaleshwar. Located just an hour’s drive from Pune, the resort is set amidst 52 acres of natural beauty in the Sahyadri hills. Surrounded by strawberry farms, rivers, waterfalls, and mountain peaks, the property offers …
EFC Limited has secured a landmark interior turnkey fit-out contract worth ₹183 crores from a leading Indian multinational corporation. This achievement highlights the company’s commitment to excellence and strengthens its standing as a trusted leader in the design and build sector. Significant Contract Acquisition Strengthens Market Presence On 23rd April 2025, EFC Limited announced the …
