Zydus Lifesciences, a leading global healthcare company, has solidified its presence in the US market through a strategic partnership with Viwit Pharmaceuticals. The agreement grants Zydus exclusive rights to market, distribute, and sell generic versions of GADAVIST™ (gadobutrol injection) and DOTAREM® (gadoterate meglumine injection) in the United States. Viwit will be responsible for the development, …
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Thermax Wins ₹516 Crore Botswana Energy Project, Expands Impact in Southern Africa
16 September 2024On September 14, 2024, Thermax Babcock & Wilcox Energy Solutions Limited (TBWES), a fully owned subsidiary of Thermax, secured a repeat order worth ₹516 crore. This new order is for a 300 MW energy project from an industrial group in Botswana, Southern Africa. This project is part of a larger 600 MW initiative, making Thermax …

Lumax Expands into Green Fuels with Greenfuel Acquisition
16 September 2024On September 14, 2024, Lumax Auto Technologies Limited (LATL), a top supplier of automotive systems and components, announced it would acquire a majority stake in Greenfuel Energy Solutions Private Limited (Greenfuel). This move marks LATL’s entry into the green and alternative fuels sector, which includes CNG, hydrogen, and other applications, and is expected to grow …

Suraj Estate Secures ₹500 Crores in Fundraise for Growth and Expansion
16 September 2024On September 14, 2024, in Mumbai, Suraj Estate Developers Limited (SEDL) held an Extraordinary General Meeting (EGM) where shareholders gave their strong approval for a significant fundraising. The company plans to raise around ₹500 crores through a preferential issue of equity shares and convertible warrants, pending regulatory approval. During the EGM, which was conducted through …

JSW Energy Commissions 300 MW Wind Project, Eyes 20 GW Capacity by 2030
16 September 2024On September 15, 2024, JSW Energy Ltd. announced that its subsidiary, JSW Renew Energy Two Limited, has successfully completed a 300 MW wind power project in Tuticorin, Tamil Nadu. This project, awarded by the Solar Energy Corporation of India (SECI) under Tranche X, is the company’s first greenfield wind power plant for SECI. The new …

Trident has incorporated a unit in Singapore to expand global business
16 September 2024Trident has made a name for itself as a major force in a number of industries thanks to its wide array of products. The company’s 6200+ crore annual revenue is proof of its achievements and expansion over time. Trident provides high-quality products that satisfy a range of consumer needs and preferences, from chemicals to home …

Zaggle Prepaid Ocean Services has entered into an agreement with Founderlink Tech
16 September 2024Established in 2011, Zaggle occupies a distinctive position within the FinTech sector, providing a wide array of goods and services. We are a prominent player in the spend management space, having worked with our banking partners to issue over 50 million prepaid cards and provide services to over 2.9 million users. We offer a range …

Phoenix Mills Shareholders Approve 1:1 Bonus Issue At AGM
16 September 2024Phoenix Mills Ltd. recently held its 119th Annual General Meeting (AGM) and the shareholders approved a 1:1 bonus issue. This means that shareholders will receive one additional fully paid-up equity share with a face value of Rs.2 for each share they already hold, based on the record date of September 21. It’s a way for …

Adani Green Signs Major Solar PPA with Maharashtra, Targets 50 GW by 2030
16 September 2024On September 15, 2024, Adani Green Energy Limited (AGEL), India’s largest renewable energy company, is set to sign a long-term Power Purchase Agreement (PPA) with Maharashtra State Electricity Distribution Company Limited (MSEDCL). This agreement, based on a Letter of Intent (LOI), involves supplying 5 GW (5000 MW) of solar power from the world’s largest renewable …

Nazara Technologies Board to meet on Sept. 18 to consider and approve fundraising
16 September 2024Nazara Technologies has established itself as a frontrunner in the gaming and sports media sectors by offering its users an extensive array of interactive and captivating content. The company’s robust presence in India, Africa, and North America enables it to effectively reach a wide range of consumers and tailor its offerings to their individual interests …
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