Jubilant Ingrevia Limited announced that its wholly-owned subsidiary, Jubilant Agro Sciences Limited (JASL), has entered into a strategic agreement with a prominent agrochemical company to manufacture an agro intermediate for one of the key agro-actives of the customer. The customer, a multibillion-dollar company, is a leading global player in the agrochemical industry. This contract manufacturing …
Historically, India has been fully dependent on imports to fulfil its need for semiconductor devices due to the absence of semiconductor fabrication facilities in India. However, the picture has currently changed as India is gearing up in the industry with new facilities and support to players. The Indian semiconductor market was estimated at US$ 26.3 …
India is recognised as one of the strongest military forces globally and is strategically important to its government. The three largest market segments in the Indian defence sector are military fixed-wing aircraft, naval vessels and surface combatants, and missiles and missile defence systems. Other notable segments include submarines, artillery, military rotorcraft, tactical communications, electronic warfare, …
On September 27, 2024, Alembic Pharmaceuticals announced that it had been given final approval from the US Food & Drug Administration (USFDA) for its Paliperidone Extended-Release Tablets in strengths of 1.5 mg, 3 mg, 6 mg, and 9 mg. This approval is for a generic version of Invega Extended-Release Tablets developed by Janssen Pharmaceuticals. Paliperidone …
Indian Renewable Energy Development Agency (IREDA) Ltd, a leading player in the renewable energy sector, has announced a significant surge in its business performance for the April-September 2024 period of the current financial year (FY25). The company’s strategic initiatives and strong market presence have propelled its growth to unprecedented levels. IREDA’s loan sanctions witnessed a …
Public Sector Undertakings (PSUs) are an integral part of the Indian economy, representing government ownership in various industries ranging from oil and gas to banking and telecommunications. For investors looking to diversify their portfolios, PSU stocks can offer unique opportunities and benefits. In this article, we will explore the best PSU stocks in India in …
Northern Arc Capital Limited has concluded its Initial Public Offering (IPO) and made its debut on the stock exchanges on September 24, 2024. The IPO raised a total of ₹777 crore, comprising ₹277 crore from an offer for sale and ₹500 crore from fresh equity capital. Earlier in April 2024, the company had already raised …
JTL Industries Limited is a rapidly expanding steel tube manufacturer specializing in ERW Black Pipes, PreGalvanized and Galvanized Steel Pipes, large diameter tubes and pipes, and hollow structure sections. JTL is pleased to provide a detailed update on its business performance for Q2FY25. Business Sales Volume Update JTL has achieved its highest-ever quarterly sales volume …
Zydus Lifesciences Ltd and the Central Drug Research Institute (CDRI) signed a collaborative research agreement on September 17, 2024, at Zydus Research Centre in Ahmedabad. This partnership is to facilitate the development of oral medications through small-molecule inhibitors of Sclerostin. It will focus on preclinical research, and any resulting drug candidates will be developed by …
On September 26, 2024, media reports mentioned that the Central Drugs Standard Control Organization (CDSCO), East Zone, Kolkata, had identified one batch (GDXD0581) of Shelcal 500, among other drugs from different pharmaceutical companies, as being of non-standard quality (NSQ). To verify the legitimacy of the sample collected by CDSCO, Torrent Pharmaceuticals conducted a comparative analysis …
