Tata Steel Limited has reinforced its commitment to quality management by increasing its stake in the Indian Foundation for Quality Management (IFQM). This move aligns with the company’s broader vision of supporting industry-wide quality enhancement initiatives. The acquisition reflects Tata Steel’s strategic approach to fostering management excellence in Indian organisations. Strengthening Investment in IFQM On …
In a significant business move, Zaggle Prepaid Ocean Services Limited (Zaggle) has entered into an agreement with Truecaller International LLP. This collaboration aims to enhance employee expense management and benefits through Zaggle Save, a specialised service tailored for corporate financial solutions. The partnership is expected to streamline expense management for employees, reinforcing Zaggle’s position in …
SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of SJVN Ltd, has completed the trial run of 241.77 megawatts (MW) capacity in Phase I of the Bikaner Solar Power Project. The trial run was concluded on March 31, 2025. Commercial Operations to Begin on April 2 The 241.77 MW capacity is now operational and …
Glenmark Pharmaceuticals Inc., the U.S. subsidiary of Glenmark Pharmaceuticals Ltd., has announced the launch of Vancomycin Hydrochloride for Injection USP. The drug is being introduced in three single-dose vial strengths: 750 mg, 1.25 g, and 1.5 g single-dose vials. It is intended for intravenous administration and is used in the treatment of systemic bacterial infections. …
Shriram Finance Limited has received approval from the Reserve Bank of India (RBI) to acquire a 100% equity stake in Shriram Overseas Investments Private Limited (SOIPL). The stake will be purchased from Shriram Investments Holdings Private Limited (SIHPL). The RBI’s clearance was conveyed through an official letter dated April 1, 2025, and disclosed by the …
Dabur India Limited has received an income tax re-assessment order for the financial year 2017-18, resulting in a tax demand of ₹110.33 crores. The demand arises from reassessment proceedings under Section 263 of the Income Tax Act, 1961. The dispute primarily concerns alleged wrongful tax deductions claimed by the company. Dabur intends to challenge the …
Emcutix Biopharmaceuticals Ltd., a wholly owned subsidiary of Emcure Pharmaceuticals, has signed an exclusive in-licensing agreement with Italy-based derma-cosmetic and medical device company WiQo. The partnership grants Emcutix the rights to import, market, distribute, and sell WiQo’s skin-tightening product, PRX-PLUS, in India. As of 9:53 AM on April 2, Emcure Pharmaceuticals share price was trading at ₹1071.25, …
India and Chile have signed a Memorandum of Understanding (MoU) to work on cooperation in the mining sector, with a focus on copper and other critical minerals. The announcement was made during the India-Chile Mining Industry Round Table held in New Delhi. Delegations from Both Nations The Indian delegation was led by Shri G. Kishan …
India is the largest global provider of generic drugs, renowned for affordable vaccines and medications. The Indian pharmaceutical industry ranks third in production volume, growing at a 9.43% CAGR over the past nine years. It leads in USFDA-compliant facilities and supplies 50% of global vaccines, 40% of U.S. generics, and 25% of U.K. medicines. The …
Stock market volatility is a key factor that influences investor decisions, and in the NIFTY 50 index, some stocks exhibit greater price swings than others. Volatility refers to the degree of variation in a stock’s price over time, often driven by market sentiment, earnings reports, economic changes, and global events. Investors closely monitor high-volatility stocks …
