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Lupin Ltd Receives US FDA Approval for Travoprost Ophthalmic Solution

Lupin Ltd Receives US FDA Approval for Travoprost Ophthalmic Solution

6 May 2024

On May 6, 2024, Lupin Ltd informed the stock exchanges that the company got approval from the United States Food and Drug Administration (U.S. FDA) for its Abbreviated New Drug Application (ANDA) for Travoprost Ophthalmic Solution USP, 0.004%. Travoprost Ophthalmic Solution USP, 0.004%, is an Ionic Buffered Solution. Lupin Ltd got approval from the United …

Caplin Point’s Puducherry Unit-1 Receives INVIMA Nod for Softgel Capsules Division

Caplin Point’s Puducherry Unit-1 Receives INVIMA Nod for Softgel Capsules Division

6 May 2024

On May 6, 2024, Caplin Point Laboratories Limited informed the stock exchanges that Colombia’s INVIMA (Instituto Nacional de Vigilancia de Medicamentos y Alimentos – INVIMA) approved the company’s Softgel Capsules division at Puducherry, Tamil Nadu. Caplin Point Laboratories stated that on May 3, 2024, the site inspection of Unit-1 was done and found compliant with …

CareEdge to Operate as ESG Rating Provider: Approval Received From SEBI

CareEdge to Operate as ESG Rating Provider: Approval Received From SEBI

6 May 2024

CARE Ratings Limited (CARE), one of the leading credit rating agencies in India, announced a significant development on May 2nd, 2024. Its wholly-owned subsidiary, CARE Advisory Research & Training Limited (now known as CARE ESG Ratings Limited – CareEdge-ESG), has received approval from the market regulatory Securities and Exchange Board of India (SEBI) to function …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

6 May 2024

During Monday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Sarla Performance Fibers Ltd Sarla Performance Fibers Ltd is currently trading at Rs 78.65, which is significantly higher than yesterday’s close at Rs 69, representing a 13.99% increase. This spike in price is …

Technical Picks to Keep an Eye On: ICICI Lombard General Insurance and Indian Hotels

Technical Picks to Keep an Eye On: ICICI Lombard General Insurance and Indian Hotels

6 May 2024

Technical analysis identifies ICICI Lombard General Insurance and Indian Hotels as upside potential stocks. Both stocks have displayed promising structures and technical setups, including price volume contraction, and the potential to bounce back and breakout. Currently trading at Rs 1,680.75 and Rs 573.35 respectively, their price aligns with positive signals from technical indicators like RSI …

HCL Technologies Forges Strategic Partnership with AWS for GenAI-led Digital Transformation

HCL Technologies Forges Strategic Partnership with AWS for GenAI-led Digital Transformation

6 May 2024

On May 6, 2024, HCL Technologies Limited informed the stock exchanges that the company had entered into a strategic partnership agreement with Amazon Web Services (AWS) to accelerate GenAI-led enterprise digital transformation. The company stated that, together with AWS, it will assist companies in analysing and developing GenAI-led use cases, proofs of concept, tools, and …

Reliance Plans Expand Into Consumer Electronics With Wyzr

Reliance Plans Expand Into Consumer Electronics With Wyzr

6 May 2024

India’s leading conglomerate, Reliance Industries Ltd,  known for its innovative product launches, has already secured a leading position in the telecom industry with Jio and now, it’s venturing into the consumer electronics space with ‘Wyzr’ under its subsidiary, Reliance Retail, showcasing a firm dedication to expand its product portfolio. Product Portfolio Expansion Wyzr made its …

Why have Tata Technology Shares fallen by 4%?

Why have Tata Technology Shares fallen by 4%?

6 May 2024

Tata Technologies is an Indian Multinational  Tata Group Company that provides services in engineering and design, product lifecycle management, manufacturing, product development and IT service management to aerospace original equipment manufacturers. It was recently listed in the Indian markets, The stock of Tata Technologies is down by 4% today amid muted results for Q4 FY …

Ashok Leyland Targets 25% Market Share with New LCV Lineup

Ashok Leyland Targets 25% Market Share with New LCV Lineup

6 May 2024

Ashok Leyland, one of the largest commercial vehicle manufacturers, plans to launch six new light commercial vehicles in the next 12 months. This new rollout is part of their plan to grow their light commercial vehicles (LCV) market share from the current 20% to 25%. Amandeep Singh, who heads the international business at Ashok Leyland, …

Rallis India Establishes 8,000 MT Water Soluble Fertiliser Plant in Maharashtra

Rallis India Establishes 8,000 MT Water Soluble Fertiliser Plant in Maharashtra

6 May 2024

In May, Rallis India Limited announced a significant development in the company. Rallis India, a Tata Group company, announced that they established an automated 8,000 Metric Ton Water Soluble Fertiliser (WSF) plant in Akola, Maharashtra. Rallis India, a leading player in the Indian Agri inputs industry, stated that this strategic initiative highlights the company’s commitment …

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