On June 24, 2024, Infibeam Avenues Limited announced a strategic partnership with academic institutions to advance the adoption and growth of Artificial Intelligence (AI) in India, marking its second major initiative in this field. The company has signed a MoU (Memorandum of Understanding) with the Entrepreneurship Development Institute of India (EDII), Ahmedabad. This partnership strives …
JSW Energy Ltd and its subsidiaries are primarily engaged in the business of generation of power from its power assets located in Karnataka, Maharashtra, Nandyal, and Salboni. It is the holding company for the JSW group’s power business. The company also has a JV company engaged in mining activities and an associate engaged in the …
Prestige Estate Projects is in the business of real estate development encompassing the development and construction of properties, and leasing of office and retail properties. The Company is maintaining a leadership position in Bengaluru and has a significant presence in Hyderabad and Chennai. It has also extended operations in recent years to Kochi, Mangalore, Goa, …
The Dutch government and Tata Steel are working on a deal to shift the company’s Ijmuiden plant in the Netherlands to producing steel with lower carbon emissions. Tata Steel’s chairman, N Chandrasekaran, mentioned in the company’s yearly report that talks with the Dutch government on this decarbonisation plan have begun. They plan to replace one …
Best Agrolife Limited announced a positive development for its subsidiary, Best Crop Science Private Limited. The subsidiary has secured a license from the Central Insecticides Board & Registration Committee (CIBRC) for indigenous manufacturing of Haloxyfop-R-methyl ester technical (96% w/w min). This herbicide holds significant importance in the agricultural sector. Haloxyfop-R-methyl ester is a post-emergence herbicide, …
On June 24, 2024, One 97 Communications (OCL), known for its brand Paytm, announced substantial growth in its travel segment. The company stated that this progress has been fueled by partnerships and innovative travel solutions. They collaborated with major global travel aggregators, including Google Flights, Wego and Skyscanner, underscoring their dedication to providing customers with …
Panacea Biotec Ltd informed in a stock exchange filing that through its material subsidiary, Panacea Biotec Pharma Ltd (PBPL) announced a significant step in expanding its global footprint by incorporating a wholly-owned subsidiary, Panacea Biotec Inc., in the state of Delaware, USA. This strategic move underscores Panacea Biotec’s ambition to establish a robust presence in …
Sun Pharmaceutical Industries Limited announced in a stock exchange filing the outcomes of a Phase 1 study assessing GL0034 (Utreglutide) in obese adults. Presented at the 84th Scientific Sessions of the American Diabetes Association (ADA) on June 21, 2024, in Orlando, FL, the study evaluated safety, tolerability, pharmacokinetics, and pharmacodynamics. The company stated that obesity …
GRM Overseas Limited announced in a stock exchange filing that its Board has approved fundraising of ₹136.5 crore through the issuance of share warrants on a preferential basis to 33 investors, including both promoters and non-promoter investors. The Board has sanctioned the allotment of up to 91,00,000 share warrants at an issue price of ₹150, …
On June 22, 2024, Sky Gold Ltd, a leading jewellery company in India, announced the acquisition of two Mumbai-based companies: Starmangalsutra Private Limited and Sparkling Chains Private Limited. These acquisitions will help Sky Gold increase its market presence and expand its range of high-quality jewellery known for its expert craftsmanship. Details of the Acquired Companies …
