Glenmark Pharmaceuticals on Monday, April 7, announced a key leadership change, naming Anurag Mantri as its next Executive Director and Global Chief Financial Officer (CFO). The appointment follows the early retirement of long-serving CFO and Executive Director VS Mani, who will officially step down on May 26, 2025. However, Mani will remain with the company …
On April 8, 2025, HPCL, IOCL, ONGC, BPCL shares and others are in focus after a steep fall in global crude oil prices and a fresh hike in export duties rattled investor sentiment. At 09:55 AM, the Nifty Oil & Gas index opened in the green, up 0.49% to 9,899.35. Backed by the growth of …
Titan Company’s share price was trading strong at ₹3,172 at 9:50 AM on the NSE, marking a gain of ₹149.80 or 4.96% from the previous close of ₹3,022.20. The stock opened at ₹3,149.70 and surged to an intraday high of ₹3,227.25, with the day’s low recorded at ₹3,126.10. The rally followed the release of its …
Mumbai-based real estate major Macrotech Developers Ltd, which operates under the Lodha brand, reported a 14% year-on-year rise in sales bookings for the fourth quarter of FY25, touching ₹4,810 crore, up from ₹4,230 crore in the same period last year. In its regulatory filing on April 7, the company also reported robust full-year performance, with …
The National Company Law Appellate Tribunal (NCLAT) has dismissed IDBI Bank’s plea seeking insolvency proceedings against Zee Entertainment Enterprises Ltd (ZEEL). The appellate body upheld the earlier decision of the National Company Law Tribunal (NCLT), which had rejected the bank’s plea. The ruling is a relief for Zee Entertainment, which had opposed the initiation of …
Hyundai Motor India Limited (HMIL) has expanded its eco-friendly portfolio with the launch of a new EX variant in the EXTER Hy-CNG Duo lineup. Specifically designed for the Gen MZ (Millennial and Gen Z) audience, the new variant combines affordability, efficiency, and style, delivering a smart mobility solution for the urban driver. Efficient and Stylish …
Ola Electric has come under the scanner for allegedly inflating its February 2025 sales figures. As per news reports, the company reported “more than 25,000 units” sold in February, but government vehicle registration data shows only around 8,600 units were officially registered. This discrepancy triggered a probe by the Ministry of Road Transport and Highways …
Sun Pharmaceutical Industries Limited (Sun Pharma) has introduced FEXUCLUE® (Fexuprazan) 40 mg tablets in India. This new drug, a potassium-competitive acid blocker (P-CAB), is designed to treat Erosive Esophagitis in adults. FEXUCLUE® offers fast action, stable gastric acid suppression, and can be taken with or without food. Key Benefits of FEXUCLUE® Fast Onset & Long-Lasting …
GMR Airports share price rose 2.79% to ₹83 per share on the NSE on Monday, April 7, 2025, despite a weak market. The rise in stock price came after the company announced that its step-down subsidiary, GMR Airport Developers (GADL), had acquired GADL LLC. Details of the Acquisition GMR Airports stated in an exchange filing …
Dr Reddy share price plunged 7.55% on April 7, hitting an intraday low of ₹1,025.90. The decline followed a show cause notice from the Income Tax (I-T) department regarding a tax reassessment. Tax Notice Details The I-T department issued a notice of ₹2,395.81 crore under Section 148A of the Income Tax Act. The notice, received …
