On June 4, 2024, Sun Pharmaceutical Industries Ltd, along with Philogen S.p.A., announced that Nidlegy™, an investigational treatment for neoadjuvant melanoma, has had its Marketing Authorization Application (MAA) submitted to the European Medicines Agency (EMA). Based on data from the Phase 3 PIVOTAL study (PHL19IL2TNF-02/15) and Phase 2 trial (PHL19IL2TNF-02/12), the submission marks a significant …
The Indian economy is on a growth trajectory, and with it comes a growing need for a robust infrastructure network. The construction (infrastructure) Industry in India is likely to reach $1.4 Tn by 2025. This has made infrastructure stocks a hot topic among investors in India. But what exactly is driving this surge in popularity? …
Jaiprakash Associates Limited is a Noida-based Construction company mainly engaged in the business of Engineering & Construction, Manufacturing of Cement, Power, Real Estate Development, Hotel/ Hospitality, Sports, etc. The National Law Court Tribunal has admitted ICICI Bank and State Bank of India’s plea for insolvency against Jaiprakash Associates Limited(JAL). NCLT Admits Insolvency Plea Against JPA …
Cricket fever is gripping the nation, and Bharti Airtel (Airtel), India’s leading telecommunications provider, is ensuring its customers don’t miss a single moment of the action. Airtel has unveiled a comprehensive suite of special packs designed to deliver an uninterrupted and exhilarating viewing experience for the World’s Biggest T20 Cricket Tournament. Unbeatable Value for Prepaid …
Manganese Ore India Limited (MOIL), a leading Indian producer of manganese ore, has announced a string of impressive achievements for the month of May 2024 and the cumulative period of April-May 2024. This stellar performance underscores MOIL’s strong operational efficiency and strategic positioning within the global manganese ore market. Sales Hit New High In a …
On June 3, 2024, Xpro India Limited informed the stock exchanges that the company had incorporated a subsidiary, namely Xpro Dielectric Films FZ-LLC, in the Emirate of Ras Al Khaimah, United Arab Emirates. Details of the Newly Incorporated Company The newly incorporated subsidiary is a Free Zone Limited Liability Company. Xpro Dielectric Films FZ-LLC will …
On June 3, 2024, Adani Enterprises informed in an exchange filing that the board of directors of Stratatech Mineral Resources Private Limited (SMRPL), a wholly-owned subsidiary of the Company, has approved a proposed Scheme of Amalgamation (Scheme) under sections 230 to 232 and other applicable provisions of the Companies Act, 2013, along with the associated …
On June 3, 2024, Kalyan Jewellers India Limited made an official announcement about the final deal with Rupesh Jain, the Founder of Candere (operated by Enovate Lifestyles Pvt. Ltd), to purchase the remaining 15% stake in Candere. This acquisition, valued at ₹42 crore, will transition Candere into a fully owned subsidiary within the Kalyan Jewellers …
IIFL Samasta Finance Limited is launching its Tranche II of secured, redeemable, non-convertible debentures (Secured NCDs) from June 3, 2024, to June 14, 2024. The issue size for this tranche is Rs 1,000 crores, with a base issue size of Rs 200 crores and an oversubscription option of Rs 800 crores. The total shelf issue …
Corporate earnings exhibited robust performance in Q4 FY 2024, with broad-based outperformance across various sectors. The strong gains were primarily fueled by domestic cyclicals such as automobiles, financials, healthcare, capital goods, and cement industries. However, global cyclicals such as metals and oil & gas sectors weighed down profitability. The Nifty 50 achieved impressive results, with …
