Orchid Pharma Limited announced in a stock exchange filing the launch of its new drug, Cefepime-Enmetazobactam, approved for treating complicated urinary tract infections (cUTI), hospital-acquired pneumonia (HAP), and ventilator-associated pneumonia (VAP). In a landmark collaboration, Orchid Pharma has partnered with Cipla Limited to ensure widespread and rapid distribution of this breakthrough antibiotic combination across India. …
KPIT Technologies Limited (KPIT) recently announced significant progress in its joint venture with ZF Friedrichshafen AG (ZF), which aims to revolutionise the automotive middleware sector. This initiative, initially approved by KPIT’s Board of Directors on April 26, 2023, focuses on investing in Qorix GmbH, a subsidiary of KPIT Technologies. Qorix GmbH specialises in developing world-class …
On June 30, 2024, Aether Industries in a stock exchange filing about the successful commissioning and operationalisation of a 5 MW Solar Power Plant on June 29, 2024. This development is part of a larger 15 MW Solar Power Project (Auto-Tracker Modules) under the Captive Power Producer (CPP) segment awarded to M/s. KPIG Energia Private …
On June 30, 2024, Signature Global, a top real estate developer in India, announced the launch and sales success of its new premium residential project, Titanium SPR, in Sector 71, Gurugram. The project received an overwhelming response, with interest from potential buyers more than doubling the number of available apartments. So far, sales have reached …
Aerolloy Technologies Limited (ATL), a subsidiary of PTC Industries Limited, developed an advanced casting technology for creating Single Crystal and directly solidified blades and vanes for aero-engines and industrial gas turbines. This new manufacturing capability is set up at their Lucknow facility. With this achievement, Aerolloy Technologies Limited became the only company in India and …
Bank of Baroda, one of India’s largest public sector banks, has announced that its board of directors will convene on July 5, 2024. The primary agenda of this meeting is to deliberate and approve the capital plan for the FY25. A key component of this plan is raising funds through Additional Tier 1 and Tier …
Future Retail Limited is an India-based company, that is engaged in the business of retailing fashion, household, and consumer products through departmental and neighborhood stores under various formats across the country. The Company operates through the Retail segment. Its retail business includes hypermarkets & supermarkets and lifestyle consumer electronics. Palguntech offers Rs.560 crore to acquire …
Tata Steel Ltd is Asia’s first integrated private steel company set up in 1907. The company has a presence across the entire value chain of steel manufacturing from mining and processing iron ore and coal to producing and distributing finished products. The company has a target to increase domestic steelmaking capacity to 30 MnTPA by …
Vodafone Idea has made the decision to raise the rates and announced on June 28th that there will be a 10%-20% hike in rates for both prepaid and postpaid plans, which will come into effect on July 4th. Market leader Jio has already increased the price hike up to 25% along with Airtel 12-27% hike …
A Closer Look at Bank Nifty Changes As per analysts, IndusInd Bank and Reliance Industries Ltd. will experience mega inflows due to this rebalancing by NSE. On the other hand, research also suggests that ICICI Bank, Power Grid and State Bank of India (SBI) will witness major outflows owing to the rejig in pressure across …
