Suven Life Sciences Limited has announced that the United States Food and Drug Administration (US FDA) has given a nod to its Investigational New Drug (IND) application for SUVN-I6107, granting a “Study may proceed” letter to start a first-in-human Phase 1 clinical trial. SUVN-I6107 is a novel muscarinic M1 receptor-positive allosteric modulator, which represents a …
Apollo Micro Systems Ltd has announced the receipt of an order worth ₹10.90 crore from Bharat Dynamics Limited (BDL) for a state-of-the-art Software Defined Universal Homing System designed for Heavy Weight Torpedoes. The company stated that this cutting-edge technology, developed in collaboration with the Defence Research and Development Organisation (DRDO), positions Apollo Micro Systems as …
Shriram Properties Limited has announced the successful early exit of ASK Property Fund from the “Shriram Pristine Estates” project, a plotted development in Doddaballapura, Bangalore, under the SPL-ASK Co-Investment Platform. Shriram Pristine Estates was the inaugural project under this co-investment platform, with partners investing ₹85 crore in December 2022. The platform has a total committed …
On August 28, 2024, Wipro Limited, a major player in technology services and consulting, announced the expansion of its partnership with Dell Technologies. This collaboration will integrate Dell’s AI Factory into Wipro’s Enterprise AI-Ready Platform, aiming to help businesses better manage costs and reduce risks. By combining top-tier technology, this initiative will speed up the …
On August 27, 2024, Aditya Birla Capital Limited (ABCL) announced that it had invested ₹300 crore in Aditya Birla Housing Finance Limited (ABHFL) through a rights issue. Despite this investment, ABCL’s percentage shareholding remains unchanged, and ABHFL remains a wholly-owned subsidiary of ABCL. Since ABHFL is a WOS, it qualifies as a related party to …
Paras Defence and Space Technologies Ltd (PDSTL) is back in the headlines, and for good reason. The company, which became a sensation in the Indian stock market with its initial public offering (IPO) being oversubscribed by an astounding 300 times, has now approved a significant fund-raising plan. This move is set to pave the way …
On August 27, 2024, Shilpa Medicare Ltd announced the USFDA approval of its second New Drug Application (NDA) [505(b)(2)] for Bortezomib Injection. This injectable product, approved for both subcutaneous and intravenous use, is available as a single-dose vial containing 3.5 mg/1.4 mL (2.5 mg/mL) of Bortezomib. Notably, it is the first liquid form of Bortezomib …
At the close of the trading session on August 27, 2024, Nifty 50 was up 0.03% and Sensex was up 0.02% to close at 25,017 and 81,711, respectively. Top Gainers and Losers On the sectoral front, Nifty Media, Nifty Financial Services 25/50, Nifty Pharma and Nifty Mid-small Healthcare saw gains. On the other hand, Nifty …
Keywords: best electric vehicle stocks, best electric vehicle stocks india, top electric vehicle stocks, electric vehicle stocks, electric vehicle related stocks in india, electric vehicle stocks india India’s electric vehicle (EV) sector is growing rapidly due to government incentives, environmental concerns, and technological advancements. The Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) …
On August 27, 2024, Mumbai-based Datamatics, a global leader in digital technologies, operations, and experiences, announced a new partnership with Microsoft. This collaboration will focus on developing copilot solutions to enhance process automation and drive business transformation. Datamatics has introduced a new Partner On-boarding Copilot, which is now available in the Microsoft Teams store. This …
