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 …
On June 14, 2024, Jindal Stainless Limited announced to the stock exchanges its acquisition of Chromeni Steels Private Limited (CSPL). This move follows earlier disclosures made on May 1, 2024, and June 4, 2024, in which Jindal Stainless Limited detailed its acquisition of a 54% equity stake in Chromeni Steels Private Limited through the purchase …
On June 14, 2024, Lupin Limited, a leading global pharmaceutical company, announced in a stock exchange filing that its Injectable facility located in Nagpur, India, underwent a thorough inspection by the United States Food and Drug Administration (U.S. FDA). The inspection, conducted from June 10 to June 13, 2024, concluded with a favourable outcome as …
When we think of luxurious hotels, one of the names that pop into our mind is Oberoi. EIH Associated Hotels is a part of the Oberoi Group, one of the largest and most eminent hospitality groups in India and Asia. The company owns some of the five-star deluxe and five-star hotels in India. Stellar Stock …
Nido Home Finance Limited is issuing Secured, Redeemable, Non-Convertible Debentures (NCDs) from June 13, 2024, to June 27, 2024. The base issue size is Rs 50 Crores, with an option to oversubscribe by another Rs 50 Crores, making the overall issue size Rs 100 Crores. Each NCD is priced at Rs 1000, with a face …
On June 14, 2024, Lemon Tree Hotels Limited announced in a stock exchange filing the opening of Keys Lite by Lemon Tree Hotels, Urban Square, Udaipur. This is the ninth property of the group in the scenic state of Rajasthan. It is also the third offering of the brand in the City of Lakes after …
Havells India Limited is an Indian multinational electrical equipment company, based in Noida. The company manufactures home appliances, lighting for domestic, commercial, and industrial applications, LED lighting, fans, modular switches industrial and domestic cables and wires, induction motors, etc. Havells owns brands like Havells, Lloyd, Crabtree, Standard Electric, Reo, and Promptec. The company has a …
National Aluminium Company (NALCO) has issued a Mining Lease deed with the State Government of Odisha, on 13 June 2024. The lease covers over 697 hectares of Bauxite Mines in Pottangi Tehsil, Koraput District, projecting a mine life of 32 years. The mines have an annual production capacity of 3.5 Million tonnes and have reserves …
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