Key Highlights Successful completion of a ₹200 crore QIP Strong growth in the medical devices business Expansion of manufacturing capabilities Increased focus on exports and high-yielding markets Robust distribution network Morepen Laboratories Limited, a prominent player in the medical devices and pharmaceutical sectors, has announced impressive financial results for the first quarter of FY2025. The …
Tata Motors remains optimistic about the domestic automotive market, anticipating a gradual rebound driven by factors such as government infrastructure investments, favourable monsoons, and new product launches. While global demand is expected to remain subdued, the company is confident in its ability to navigate challenges and deliver strong financial performance. Key Highlights from Tata Motors’ …
Atul Limited has achieved a significant milestone with the receipt of an Establishment Inspection Report (EIR) from the United States Food and Drug Administration (FDA) for its Ambernath, Maharashtra-based manufacturing facility. This positive outcome follows a successful inspection conducted from May 6 to May 10, 2024, which resulted in zero FDA 483 observations. Atul Bioscience, …
Brightcom Groupis excited to announce a significant expansion of its operations into Europe, the Middle East, Africa (EMEA), and Asia-Pacific (APAC). This strategic move aligns with the company’s vision of becoming a global leader in digital marketing and media. To drive this expansion, Brightcom Group is establishing new entities under the Trenova Corporation brand in …
Godrej Properties plans to launch residential projects worth ₹21,000 crore by March in key cities to tap into strong consumer demand. Executive Chairperson Pirojsha Godrej shared in an interview that the company is confident of achieving its goal of ₹27,000 crore in sales bookings for this fiscal year. Last fiscal year, Godrej Properties’ sales bookings …
Amara Raja Energy & Mobility Limited (ARE&M) has announced several significant developments in its efforts to advance the electric vehicle (EV) and energy storage sectors. The company’s wholly-owned subsidiary, Amara Raja Advanced Cell Technologies Private Limited (ARACT), has signed a Memorandum of Understanding (MoU) with Piaggio Vehicles Private Limited, the 100% Indian subsidiary of the …
EMS Ltd has announced a significant development in its strategic expansion plans. In a recent stock exchange filing, the company revealed that its board of directors has approved the acquisition of a 75% stake in M/s Brijbihari Pulp and Paper Private Limited. This acquisition involves the purchase of 7,500 equity shares of the target company. …
On August 12, 2024, Tata Consultancy Services (TCS) announced that it has rolled out mobile checkout at all Croma stores, marking a first for the Indian retail industry. Using its TCS OmniStore™ platform, which combines AI technology, TCS has made the checkout process faster and improved the shopping experience both in-store and online. This new …
On August 11, 2024, Sterling and Wilson Renewable Energy Limited (SWREL), a top renewable EPC company in India, announced that it had secured a significant contract to handle the engineering, design, testing, and commissioning of a 400 MW AC / 633 MW DC solar PV plant in Rajasthan. The project also includes supply and construction …
On August 10, 2024, Aurobindo Pharma Limited released its consolidated financial results for the quarter ending June 30, 2024. Aurobindo Pharma reported a 10.5% year-over-year increase in revenue from operations, reaching ₹7,567 crore, driven by strong performance across its business segments. The company’s US formulations (excluding Puerto Rico) saw a 13.3% YoY growth, contributing ₹3,555 …
