Time Technoplast received the final approval from the Petroleum and Explosives Safety Organization(PESO) for the manufacturing and supply of high-pressure type IV composite cylinders for Hydrogen. Time Technoplast is the first company in India to receive the final approval for the manufacturing and supply of Type-IV Composite Cylinders for Hydrogen. In March, the company secured …
RailTel was incorporated in 2000, with the objective of creating nationwide broadband and VPN services, telecom, and multimedia networks, to modernize the train control operation and safety system of Indian Railways. It is a “Miniratna” PSE of the Government of India. At present, RailTel’s network passes through around 6,000 stations across the country, covering all …
Sun Pharmaceutical Industries Ltd., has announced a partnership with Takeda Pharmaceutical Company Ltd. This collaboration aims to introduce an innovative gastrointestinal (GI) drug in the Indian market. The memorandum of understanding (MoU) between the two companies marks a pivotal step in increasing the availability of advanced treatments for gastrointestinal conditions in India. Collaboration Details Under …
In a recent interview, RR Kabel’s promotor and Managing Director, Shreegopal Kabra, discussed various topics related to the company’s business strategies, product developments, and regulatory concerns. RR Kabel was listed in 2018 and since then the company hasn’t seen many internal changes but the listing did make it easier to raise funds for the company, …
The week was marked by a continuous rise in the Nifty, with prices reaching new highs throughout. However, traders encountered difficulties trading within the major indices due to slow intraday movements. On Friday, Nifty opened on a positive note but lacked consistent buying momentum, staying within a tight 50-point range and ending with a 0.29% …
In 2024, several companies have significantly eroded investor wealth, causing substantial financial pain and disappointment. Here, we highlight the top three wealth destroyers: Zee Entertainment, Syrma SGS Technology Ltd, and One 97 Communications Ltd (Paytm). We delve into the reasons behind their declining stock prices and the critical lessons investors can learn from these developments. …
On June 14, 2024, Sun Pharma and Moebius Medical revealed new findings at EULAR 2024. They shared data showing that patients with symptomatic knee osteoarthritis continued to experience significant pain relief up to 26 weeks after receiving injections of MM-II. These results come from a Phase 2b clinical trial (NCT04506463) that included randomised and controlled …
On June 14, 2024, Minda Corporation signed a Joint Venture Agreement with HSIN CHONG MACHINERY WORKS CO., LTD (HCMF) under SEBI regulations. The agreement established a new entity manufacturing Automotive Sunroof Solutions and Closure Technology Products for passenger cars. Minda Corporation and HCMF will hold a 50% stake in the joint venture company. The proposed …
On June 14, 2024, Titagarh Rail Systems Limited (TRSL), a leading Indian train manufacturer, started producing trainsets under a contract with China Railway Rolling Stock Corporation (CRRC). These trainsets are for the Bangalore Metro Rail Corporation Limited’s (BMRCL) Phase 2 Yellow Line project. This achievement highlights Titagarh’s important role in improving urban transportation in India. …
Zydus Lifesciences Limited (Zydus), a leading Indian multinational pharmaceutical company, announced a significant development in its quest to expand its global reach. The company has received tentative approval from the United States Food and Drug Administration (USFDA) to market Azilsartan Medoxomil and Chlorthalidone Tablets, 40 mg/12.5 mg and 40 mg/25 mg, under the brand name …
