Sun Pharmaceutical Industries Ltd., has announced a partnership with Takeda Pharmaceutical Company Ltd. This collaboration aims to introduce an innovative gastrointestinal (GI) drug in the Indian market. The memorandum of understanding (MoU) between the two companies marks a pivotal step in increasing the availability of advanced treatments for gastrointestinal conditions in India. Collaboration Details Under …
In a recent interview, RR Kabel’s promotor and Managing Director, Shreegopal Kabra, discussed various topics related to the company’s business strategies, product developments, and regulatory concerns. RR Kabel was listed in 2018 and since then the company hasn’t seen many internal changes but the listing did make it easier to raise funds for the company, …
The week was marked by a continuous rise in the Nifty, with prices reaching new highs throughout. However, traders encountered difficulties trading within the major indices due to slow intraday movements. On Friday, Nifty opened on a positive note but lacked consistent buying momentum, staying within a tight 50-point range and ending with a 0.29% …
In 2024, several companies have significantly eroded investor wealth, causing substantial financial pain and disappointment. Here, we highlight the top three wealth destroyers: Zee Entertainment, Syrma SGS Technology Ltd, and One 97 Communications Ltd (Paytm). We delve into the reasons behind their declining stock prices and the critical lessons investors can learn from these developments. …
On June 14, 2024, Sun Pharma and Moebius Medical revealed new findings at EULAR 2024. They shared data showing that patients with symptomatic knee osteoarthritis continued to experience significant pain relief up to 26 weeks after receiving injections of MM-II. These results come from a Phase 2b clinical trial (NCT04506463) that included randomised and controlled …
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 …
