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TVS Motor’s Norton Motorcycles Unveils Ambitious Growth Plans

TVS Motor’s Norton Motorcycles Unveils Ambitious Growth Plans

18 July 2024

TVS Motor Company announced through a stock exchange filing that Norton Motorcycles, now under its umbrella, revealed ambitious investment and growth plans aimed at positioning the brand for international expansion. At the Goodwood Festival of Speed, Norton’s senior leadership team, including Sudarshan Venu, Dr Robert Hentschel, and Richard Arnold, emphasised their vision for the brand …

Radico Khaitan Launches Award-Winning Sangam Whisky in India

Radico Khaitan Launches Award-Winning Sangam Whisky in India

18 July 2024

Radico Khaitan Limited has announced in a stock exchange filing the introduction of the award-winning Sangam World Malt Whisky to the Indian market. The company stated that Sangam was launched just a year ago and has already earned international acclaim. Its debut in India marks a significant milestone in its remarkable journey. Whisky enthusiasts across …

Vikas Lifecare and Eraaya Lifespaces Make Significant Progress in Ebix Acquisition

Vikas Lifecare and Eraaya Lifespaces Make Significant Progress in Ebix Acquisition

18 July 2024

Vikas Lifecare Limited has provided an update on its acquisition deal involving Ebix Inc., announced in a recent stock exchange filing. The acquisition, spearheaded by a consortium led by Eraaya Lifespaces Limited, involves a significant financial commitment aimed at acquiring 100% of the equity in Ebix Inc. The consortium, which includes Vikas Lifecare Limited as …

UltraTech Cement’s ₹24.3 Crore Renewable Energy Investment

UltraTech Cement’s ₹24.3 Crore Renewable Energy Investment

18 July 2024

UltraTech Cement Ltd has announced in a stock exchange filing that it has entered into a Power Purchase Agreement and a Share Subscription and Shareholders Agreement to acquire a 26% equity stake in Amplus Omega Solar Private Limited. Amplus Omega Solar is involved in generating and transmitting renewable energy. This aligns with UltraTech’s strategic goals …

Exide Industries’ Strategic Investment in Exide Energy Solutions Limited

Exide Industries’ Strategic Investment in Exide Energy Solutions Limited

18 July 2024

On July 16, 2024, Exide Industries Limited announced an investment of ₹74,99,99,988 in its wholly-owned subsidiary, Exide Energy Solutions Limited, through a rights issue. This brings Exide Industries’ total investment in EESL to ₹2577.24 crore. Nature of Acquisition and Related Party Transaction Exide Energy Solutions Limited (EESL), as a wholly owned subsidiary of Exide Industries …

FlixBus and Paytm Partner to Revolutionise Intercity Travel in India

FlixBus and Paytm Partner to Revolutionise Intercity Travel in India

18 July 2024

On July 16, 2024, FlixBus, a global leader in affordable and sustainable travel, entered India earlier this year and announced a strategic partnership with Paytm, the country’s leading payments and financial services distribution company. This collaboration aims to revolutionise intercity bus travel in India, making FlixBus tickets available directly through the Paytm app. The partnership …

Central Bank of India: Strong Growth in Q1FY25 Financial Performance

Central Bank of India: Strong Growth in Q1FY25 Financial Performance

18 July 2024

On July 18, 2024, Central Bank of India Ltd announced financial results for the quarter ended June 30, 2024. Performance Highlights On Year On Year Basis Central Bank of India Ltd showed notable growth across various metrics in the latest financial results. Total business expanded by 8.97% to reach ₹ 6,35,564 crore, up from ₹ …

Sterling and Wilson Renewable Energy Limited Reports Robust Q1 FY25 Results

Sterling and Wilson Renewable Energy Limited Reports Robust Q1 FY25 Results

18 July 2024

On July 18, 2024, Sterling and Wilson Renewable Energy Limited (SWREL), a leading renewable energy EPC company, announced impressive results for Q1 FY25 with a 78% YoY revenue growth. The company secured strong order inflows of ₹2,170 crore, highlighting its commitment to excellence and customer satisfaction. After a strong revenue rebound in Q4 FY24, SWREL …

Royal Enfield Unveils the Guerrilla 450: A Modern Roadster Reimagined

Royal Enfield Unveils the Guerrilla 450: A Modern Roadster Reimagined

18 July 2024

On July 17, 2024, Royal Enfield launched the Guerrilla 450, a new modern roadster motorcycle. It’s designed to bring back the essence of roadsters – dynamic, intuitive, and lively across its entire power range. Engineered for a thrilling riding experience, the Guerrilla 450 is powerful, versatile, and sophisticated. It promises pure, exhilarating fun whether you’re …

Glenmark Pharmaceuticals Secures FDA Approval for Topiramate Capsules

Glenmark Pharmaceuticals Secures FDA Approval for Topiramate Capsules

18 July 2024

On July 17, 2024, Glenmark Pharmaceuticals Ltd announced via a stock exchange filing that it had received final approval from the U.S. FDA for its Topiramate Capsules USP, available in 15 mg and 25 mg doses. These capsules are equivalent to Topamax® Capsules by Janssen Pharmaceuticals, Inc., and will be sold in the U.S. by …

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