Zydus Lifesciences has achieved a significant milestone with the final approval from the US Food and Drug Administration (USFDA) to manufacture Eluxadoline Tablets, 75 mg and 100 mg. This approval grants the company a competitive edge in the US market, reinforcing its presence in the pharmaceutical industry. Final Approval Granted for Manufacturing Zydus Lifesciences has …
G R Infraprojects Limited has been selected as the winning bidder for a major highway construction project by the National Highways Authority of India (NHAI), further strengthening its presence in the infrastructure sector. Project Award Announcement G R Infraprojects Limited has been declared the selected bidder for a highway construction project. This bid was invited …
Gensol Engineering Ltd has received board approval for a 1:10 stock split and a ₹600 crore fundraising through the issuance of warrants and foreign currency convertible bonds. These moves come as the company faces financial strain, including loan repayment concerns and a recent credit rating downgrade. Stock Split and Capital Expansion The board has approved …
New Delhi, Mar 16 (PTI) Sun Pharma and Zydus Pharmaceuticals are recalling products in the US market due to manufacturing issues, according to the US Food and Drug Administration (USFDA). The New Jersey-based Sun Pharmaceutical Industries, Inc is recalling 9,840 bottles of Morphine Sulfate extended-release tablets for “Failed Dissolution Specifications”, the US health regulator stated …
As per news reports, Imarticus Learning will file a Draft Red Herring Prospectus (DRHP) with SEBI in the next 4-5 months. Facilitated by IIFL, the company plans to obtain SEBI’s approval by September 2025 and get publicly listed by early FY 2027. Organisations like Simplilearn, Classplus, and PhysicsWallah have already launched IPOs in the previous year. …
On March 17, 2025, SpiceJet announced that its Founder and Promoter, Ajay Singh, through M/s Spice Healthcare Private Limited, will inject ₹294.09 crore into the airline. This infusion will be executed through the conversion of 13.14 crore warrants into an equivalent number of equity shares. As a result, the Promoter Group’s consolidated shareholding in SpiceJet …
JB Chemicals & Pharmaceuticals Ltd announced on Friday, March 14, that its API (Active Pharmaceutical Ingredient) manufacturing facility (D9) in Panoli, Gujarat, has successfully cleared a US Food and Drug Administration (USFDA) inspection with no observations. Zero Observations from USFDA The inspection, conducted from March 10 to March 13, 2025, concluded without any Form 483 …
The uptick in Tata Steel’s share price today added to the gains of around 0.4% recorded in the previous session, reflecting continued investor interest. The stock rose 0.58% to ₹151.76 at 11:30 AM on the NSE, reaching an intraday high of ₹152.64 after opening at ₹151.99. It touched an intraday high of ₹152.64, and a low of …
Shilpa Medicare announced on Friday, March 14, that its wholly owned subsidiary, Shilpa Pharma Lifesciences Ltd, has successfully cleared a US Food and Drug Administration (USFDA) inspection at its Unit-2 facility in Raichur with zero observations. The inspection, conducted from March 10 to March 14, 2025, concluded without any Form 483 being issued. This marks …
On March 17, 2025, retail chain operator Vishal Mega Mart shares are in focus as the company’s shareholder lock-in period expires. As per news reports, the 3-month lock-in period will end on Monday, releasing 15.38 crore shares of the company for trading. These shares account for 3% of Vishal Mega Mart’s total outstanding equity. It’s important to …
