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Philogen and Sun Pharma’s Nidlegy™ Advances in European Cancer Treatment

Philogen and Sun Pharma’s Nidlegy™ Advances in European Cancer Treatment

4 July 2024

On July 4, 2024, Philogen S.p.A. ( and Sun Pharmaceutical Industries Limited announced via a stock exchange filing that the European Medicines Agency (EMA) had accepted their application to approve Nidlegy™. The application was submitted on June 3, and it has now entered the validation phase by the EMA. “The validation of the dossier by …

ABS Shipping Secures Contract with Oil & Natural Gas Corporation

ABS Shipping Secures Contract with Oil & Natural Gas Corporation

4 July 2024

ABS Marine Services Ltd has commenced a significant contract agreement with Oil & Natural Gas Corporation (ONGC) as of 4th July 2024. The contract, spanning three years, involves the charter hire of an Offshore Supply Vessel, valued at approximately Rs 102 crores, inclusive of GST. This agreement does not involve any related party transactions, ensuring …

EFC (I) Limited Acquires Majority Stake in Bigbox Ventures

EFC (I) Limited Acquires Majority Stake in Bigbox Ventures

4 July 2024

On July 4, 2024, EFC (I) Limited announced in a stock exchange filing a significant acquisition through its wholly owned subsidiary, EFC Limited, which has acquired a 51% stake in Bigbox Ventures Private Limited. This acquisition marks Bigbox Ventures as a step-down subsidiary of EFC (I) Limited. Bigbox Ventures, incorporated on August 14, 2018, specialises …

Dalmia Cement (Bharat) Ltd Begins 1.0 MTPA Production in Kadapa, AP

Dalmia Cement (Bharat) Ltd Begins 1.0 MTPA Production in Kadapa, AP

4 July 2024

On July 04, 2024, Dalmia Bharat Limited announced via a stock exchange filing that Dalmia Cement (Bharat) Limited, a wholly-owned subsidiary of Dalmia Bharat Limited, commenced commercial production of 1.0 MTPA at a new cement mill within its existing Kadapa, Andhra Pradesh plant, effective July 3, 2024. This expansion brings the company’s total capacity to …

Optiemus Unmanned Systems Launches New Range of Agricultural and Mapping Drones

Optiemus Unmanned Systems Launches New Range of Agricultural and Mapping Drones

4 July 2024

On July 4, 2024, Optiemus Unmanned Systems Private Limited (OUS), a subsidiary of Optiemus Infracom Limited, launched a new range of drones for agricultural and mapping purposes. These drones are powered by components designed and manufactured in India and are showcased at the 5th Drone International Expo at Pragati Maidan, New Delhi. Investment and Revenue …

Paytm Launches ‘Paytm Health Saathi’ to Empower Merchant Partners with Healthcare

Paytm Launches ‘Paytm Health Saathi’ to Empower Merchant Partners with Healthcare

4 July 2024

One 97 Communications Limited (OCL), the parent company of Paytm, India’s leading digital payments and financial services platform, has launched a new initiative, ‘Paytm Health Saathi,’ specifically designed for its merchant partners. ‘Paytm Health Saathi’ is an exclusive health and income protection plan available through the ‘Paytm for Business’ app. Supporting Merchant Wellbeing and Business …

Infosys Foundation and ICT Academy Collaborate to Enhance Rural Youth Employability

Infosys Foundation and ICT Academy Collaborate to Enhance Rural Youth Employability

4 July 2024

On July 3, 2024, Infosys Ltd announced via a stock exchange filing that its philanthropic and CSR arm, Infosys Foundation, has entered into a Memorandum of Understanding (MoU) with the ICT Academy of Tamil Nadu, a non-profit organisation. The collaboration aims to enhance the employability of young learners in rural India. Under this partnership, the …

Pearson and Veranda Race Launch Comprehensive Bank PO Exam Prep

Pearson and Veranda Race Launch Comprehensive Bank PO Exam Prep

4 July 2024

On July 3, 2024, Pearson, a leading global learning company, strengthened its partnership with Veranda Race, a well-known test preparation provider. Together, they are launching comprehensive and hybrid test prep content for Bank Probationary Officer (Bank PO) exams in India. Over 3 million students prepare for these exams annually. The new series includes 8 books …

How Go Digit IPO Performed in the Past 1 Month?

How Go Digit IPO Performed in the Past 1 Month?

4 July 2024

Insurance provider Go Digit General Insurance Limited raised ₹2,614.65 crore via an Initial Public Offering (IPO) that was open from May 15 to May 17, 2024. On Day 3, the Go Digit IPO witnessed a total subscription of 9.60x. The public issue subscribed 4.27x in the retail category, 12.56x in QIB, and 7.24x in the …

Plutus Wealth Sells Entire Stake in Yatharth Hospital for Rs 101 Crore

Plutus Wealth Sells Entire Stake in Yatharth Hospital for Rs 101 Crore

4 July 2024

The shocking and drastic move by Plutus Wealth Management LLP for Yatharth Hospital & Trauma Care Services was to sell out all his shares in the open market on July 3rd. The total number of shares is 25 lakhs, as per the data available on BSE. Plutus Wealth is diluting a total of 2.9% of …

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