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Block Deal Worth Rs 1,110.9 Crore in Sterling and Wilson Renewable Energy

Block Deal Worth Rs 1,110.9 Crore in Sterling and Wilson Renewable Energy

27 September 2024

Sterling and Wilson Renewable Energy Limited (SWREL) is a global leader in providing end-to-end renewable engineering, procurement, and construction (EPC) solutions. With a presence in 28 countries, SWREL has established itself as a pure-play renewable energy company specializing in utility-scale solar, floating solar, hybrid, and energy storage solutions. The company has a robust portfolio of …

Ola Electric’s Affordable S1 X 2kWh Scooter Secures PLI Certification

Ola Electric’s Affordable S1 X 2kWh Scooter Secures PLI Certification

27 September 2024

Ola Electric’s Latest Milestone in EV Manufacturing In an exciting development for India’s electric vehicle (EV) sector, Ola Electric’s S1 X 2kWh scooter has officially secured Production Linked Incentive (PLI) certification. This certification further cements Ola Electric’s position as a leader in the EV market, thanks to its adherence to stringent localisation norms and the …

Alembic Pharma Gets USFDA Nod for Paliperidone ER Tablets

Alembic Pharma Gets USFDA Nod for Paliperidone ER Tablets

27 September 2024

On September 27, 2024, Alembic Pharmaceuticals announced that it had been given final approval from the US Food & Drug Administration (USFDA) for its Paliperidone Extended-Release Tablets in strengths of 1.5 mg, 3 mg, 6 mg, and 9 mg. This approval is for a generic version of Invega Extended-Release Tablets developed by Janssen Pharmaceuticals. Paliperidone …

Best Semiconductor Stocks in India in October 2024 Based on 5Y CAGR

Best Semiconductor Stocks in India in October 2024 Based on 5Y CAGR

27 September 2024

Historically, India has been fully dependent on imports to fulfil its need for semiconductor devices due to the absence of semiconductor fabrication facilities in India. However, the picture has currently changed as India is gearing up in the industry with new facilities and support to players. The Indian semiconductor market was estimated at US$ 26.3 …

Best Defence Stocks in October 2024 – 5yr CAGR Basis

Best Defence Stocks in October 2024 – 5yr CAGR Basis

27 September 2024

India is recognised as one of the strongest military forces globally and is strategically important to its government. The three largest market segments in the Indian defence sector are military fixed-wing aircraft, naval vessels and surface combatants, and missiles and missile defence systems. Other notable segments include submarines, artillery,  military rotorcraft, tactical communications, electronic warfare, …

Lemon Tree signed a pact for a 74-room property in Gujarat.

Lemon Tree signed a pact for a 74-room property in Gujarat.

27 September 2024

In May 2004, Lemon Tree Hotels Limited (LTHL) inaugurated its first hotel, comprising 49 rooms. With over 160 hotels in its portfolio as of right now, the company boasts over 100 hotels that are currently in operation and over 60 hotels that are slated to open in India and other countries. In addition to many …

Zydus Lifesciences and CDRI Forge Alliance to Pioneer Osteoporosis Treatment for CKD Patients

Zydus Lifesciences and CDRI Forge Alliance to Pioneer Osteoporosis Treatment for CKD Patients

27 September 2024

Zydus Lifesciences Ltd and the Central Drug Research Institute (CDRI) signed a collaborative research agreement on September 17, 2024, at Zydus Research Centre in Ahmedabad. This partnership is to facilitate the development of oral medications through small-molecule inhibitors of Sclerostin. It will focus on preclinical research, and any resulting drug candidates will be developed by …

Torrent Pharma Confirms Shelcal 500 Counterfeit Batch; Strengthens Anti-Counterfeit Measures

Torrent Pharma Confirms Shelcal 500 Counterfeit Batch; Strengthens Anti-Counterfeit Measures

27 September 2024

On September 26, 2024, media reports mentioned that the Central Drugs Standard Control Organization (CDSCO), East Zone, Kolkata, had identified one batch (GDXD0581) of Shelcal 500, among other drugs from different pharmaceutical companies, as being of non-standard quality (NSQ). To verify the legitimacy of the sample collected by CDSCO, Torrent Pharmaceuticals conducted a comparative analysis …

Adani Green Energy Partners with TotalEnergies in 1,150 MWac Renewable Energy Project

Adani Green Energy Partners with TotalEnergies in 1,150 MWac Renewable Energy Project

27 September 2024

Adani Green Energy Limited (AGEL) has officially signed a Joint Venture Agreement (JVA) with TotalEnergies Renewables Singapore Pte Limited (TotalEnergies) and Adani Renewable Energy Sixty Four Limited (ARE64L) as of September 26, 2024.  This significant partnership was finalised after receiving approval from the majority of the company’s shareholders in an extraordinary general meeting held on …

Krsnaa Diagnostics Partners with Apulki Healthcare to Transform Cancer and Cardiac Care in India

Krsnaa Diagnostics Partners with Apulki Healthcare to Transform Cancer and Cardiac Care in India

26 September 2024

On September 25, 2024, Krsnaa Diagnostics Ltd, a leading provider of diagnostic services in India, announced a strategic investment in Apulki Healthcare Private Limited.  This partnership marks India’s first Public Private Partnership (PPP) focused on cancer and cardiac care hospitals. Through this collaboration, Krsnaa will provide a wide range of integrated diagnostic services at Apulki’s …

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