Nuvoco Vistas Corporation Ltd, the building materials arm of the Nirma Group, announced on January 6 its selection as the successful resolution applicant for Vadraj Cement Ltd (VCL) through the corporate insolvency resolution process (CIRP). This acquisition is expected to bolster Nuvoco’s market position and enhance its production and operational capabilities, marking a significant milestone …
Shares of Kamdhenu Limited, a manufacturer and distributor of TMT Bars will trade ex-date on January 8, 2025, for its planned stock split. Kamdhenu Stock Split 1:10 The company through an exchange filing announced that it had fixed January 8, 2025, as the “Record Date” for determining the entitlement of Equity Shareholders for division/split of …
Zydus Lifesciences Limited, formerly Cadila Healthcare Limited, is an Indian multinational pharmaceutical company based in Ahmedabad that primarily manufactures generic drugs. The company ranked 100th in the Fortune India 500 list in 2020. About NDA from the US FDA Shares of Zydus Lifesciences witnessed an uptick on January 7, 2025, following a significant milestone achieved …
Caplin Point Laboratories Ltd., established in 1990, is a distinguished Indian pharmaceutical enterprise specialising in the development, manufacture, and marketing of generic formulations and branded products. Caplin Point gets EIR from the US FDA On January 6, 2025, Caplin Point Laboratories Ltd. announced a significant milestone, having received the coveted Establishment Inspection Report (EIR) from …
Wardwizard Innovations & Mobility Limited, founded in 2016 by Yatin Gupte, is a publicly traded Indian company that specialises in the manufacture of electric vehicles. Wardwizard Innovations & Mobility Limited Has Signed MoU Wardwizard Innovations & Mobility Limited has inked a strategic Memorandum of Understanding (MoU) with C4V, a renowned lithium-ion battery technology firm headquartered …
Bharti Airtel announced that it has entered into a Share Purchase Agreement to sell its entire 50% stake in Firefly Networks to iBus Network for ₹45 million. The transaction is expected to close within 30 business days. Stake Sale Details Bharti Airtel Limited (the ‘Company’) has announced the sale of its entire 50% stake in …
The real estate sector is globally recognised and consists of four sub-sectors: housing, retail, hospitality, and commercial. The construction industry ranks third among 14 major sectors in terms of direct, indirect, and induced effects across all sectors of the economy. In India, the real estate sector is the 2nd largest employment generator, after agriculture. It …
India’s largest airline, IndiGo, disclosed on Monday, January 6, 2025, that it has been penalised ₹2.17 crore by the Principal Commissioner of Customs, Air Cargo Complex (Import). The penalty stems from the denial of duty exemption on the import of aircraft parts. IndiGo received the order on January 4, 2025, a non-working day, and filed …
On January 7, 2024, Paras Defence shares rose as much as 10%, reaching a day high of ₹1,066.50 at 10:05 AM after opening at ₹960.65. The substantial gain in Paras Defence share price came after the company announced that it had been granted a license by the Department for Promotion of Industry & Internal Trade (DPIIT) for …
On January 7, 2025, Wipro shares are on investors’ radar as the company announced via an exchange filing that its board would meet on Friday, January 17, to approve the company’s results for the December quarter as well as to consider a proposal to issue an interim dividend to shareholders. However, Wipro has not yet disclosed …
