STAR CEMENT has been officially declared the ‘Preferred Bidder’ for the North Boro Hundong Limestone Block (Part – A) in Assam. This declaration follows an e-auction conducted by the Government of Assam under regulatory guidelines. The limestone block, spanning 200 hectares, holds an estimated resource of 192.36 million tonnes. Details of the Auction and Allocation …
Biocon Pharma, a subsidiary of Biocon Limited, has received final approval from the US Food and Drug Administration (USFDA) for two important drug applications. Drugs Details Lenalidomide Capsules in 2.5 mg,5 mg,10 mg,15 mg,20 mg and 25 mg: Used for treating various types of blood cancers and anemia related to myelodysplastic syndromes (MDS). Dasatinib Tablets …
On March 5, 2025, Welspun Specialty share price rose ~5%, reaching a day high of ₹31.48 at 10:00 AM after opening at ₹31.47. The gain in Welspun Specialty share price came after the company announced that it has emerged as the L1 bidder for a supply contract from Bharat Heavy Electricals Ltd (BHEL), Trichy, for 4,050 tonnes …
Blue Star Ltd. expects sales of smart air-conditioners to reach 500,000 units in FY26, with total air-conditioner sales projected to increase from 1.5 million units in the current fiscal year to 2 million units by FY26. Managing Director B Thiagarajan outlined the company’s goal for a 13.9% market share in the room air-conditioner segment by …
Parag Sharma, Chief Financial Officer and Managing Director of Shriram Finance, has stated that India’s biggest truck financier is seeking to raise a loan of $250 million over the next 3 years domestically. Excessive market volatility and increasing hedging costs overseas have driven it away from offshore loans, thereby marking a notable change in its …
Larsen & Toubro (L&T) has received orders under its Building & Factories (B&F) business, categorized as “significant”, falling in the range of ₹1,000 crore to ₹2,500 crore, as per the company’s stock exchange filing on March 5, 2025. The orders include residential projects across Mumbai, Bangalore, and Chennai. As of March 5, 2025, 11:20 AM, …
India has taken a significant step towards achieving its net-zero emissions goal by 2070 with the launch of hydrogen-powered heavy-duty truck trials. Union Minister of Road Transport and Highways, Shri Nitin Gadkari, and Union Minister of New and Renewable Energy, Shri Pralhad Joshi, jointly flagged off the first-ever trials in New Delhi. This initiative marks …
Adani Wilmar Limited (AWL), a major player in India’s food FMCG sector, has announced its decision to acquire G.D. Foods Manufacturing (India) Private Limited, known for its popular brand “Tops.” Acquisition Details This acquisition will be completed in phases. 80% of the shares will be acquired initially, while the remaining 20% will be purchased over …
GE Vernova T&D India Limited has secured three orders from Power Grid Corporation of India Limited (PGCIL), amounting to approximately ₹500 crore. The orders involve the supply and installation of 765kV class transformers and reactors under bulk procurement. The execution timeline for these orders is set at 36 months. Execution and Order Details According to …
Power Grid Corporation of India Ltd (POWERGRID) has been awarded 3 interstate transmission system (ISTS) projects under the Build, Own, Operate, and Transfer (BOOT) model. The company received the Letter of Intent (LoI) for these projects on March 3, 2025, through tariff-based competitive bidding (TBCB). As of March 5, 2025, at 9:45 AM, Power Grid …
