Udupi Cochin Shipyard Limited (UCSL), a subsidiary of India’s leading shipyard Cochin Shipyard Limited (CSL), has secured a significant international order from Wilson ASA, a leading Norwegian shipping company. Key Points Order for 8 Cargo Vessels: The agreement entails the design and construction of eight 6300 Deadweight Tonnage (DWT) dry cargo vessels. Follow-Up Order: This …
Manorama Industries Ltd announced on July 1, 2024, through a stock exchange filing, the commencement of commercial production at their new state-of-the-art fractionation plant. This facility boasts a substantial capacity of 25,000 tonnes per annum (TPA), effectively increasing the company’s total fractionation input capacity to 40,000 TPA. This development marks a significant enhancement in Manorama …
Neogen Chemicals Limited, a prominent Indian manufacturer with over 35 years of expertise in Bromine-based and Lithium-based specialty chemicals, has expanded into Lithium-Ion Battery materials production via its wholly owned subsidiary, Neogen Ionics Limited. The company informed the stock exchanges that Mr Haridas Kanani, Chairman and Managing Director, an IIT Bombay Chemical Engineering graduate with …
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 …
