The Bombay Stock Exchange (BSE) announced on April 9, 2025, that Quess Corp will be excluded from several major indices due to its ongoing demerger. The company, currently part of the BSE 500, will also exit indices such as BSE Allcap, BSE Smallcap, BSE MidSmallcap, BSE Services, BSE 250 SmallCap, BSE 400 MidSmallCap, BSE 1000, and BSE 1000 Multicap Equal Size Weighted (25%). The decision …
Sanofi India has announced a major leadership change, with Managing Director Rodolfo Hrosz set to step down at the end of April 2025. The move is part of an internal transition within the Sanofi group. Leadership Transition Announced Sanofi India Limited announced on April 9, 2025, that Managing Director Rodolfo Hrosz will step down from his …
Aurobindo Pharma’s subsidiary, CuraTeQ Biologics, has announced successful clinical trial results for its investigational biosimilar BP16, designed to replicate the bone health medicine denosumab. The drug is intended to treat various bone-related conditions, including osteoporosis and bone complications arising from cancer and its treatments. The bioequivalence trial involved 204 healthy volunteers from Australia and New …
JSW Energy Limited announced on April 9, 2025, that its wholly owned subsidiary JSW Neo Energy has completed the acquisition of a 4.7 GW renewable energy platform from O2 Power Pooling Pte. Ltd. for an enterprise value of ₹12,468 crore. O2 Power was originally established in 2020 by global investment giants EQT and Temasek. The deal …
The State Bank of India (SBI) has withdrawn its limited-period Amrit Kalash Fixed Deposit scheme, as reported by CNBC TV18. This special FD offered a 400-day tenure, with interest rates of 7.10% per annum for general customers and 7.60% for senior citizens. Introduced in April 2023, Amrit Kalash quickly gained popularity due to its comparatively …
Mahindra Aerostructures, a subsidiary of Indian automaker Mahindra & Mahindra, has secured a key contract from Airbus Helicopters, a division of French aerospace giant Airbus. The company will manufacture and assemble the main fuselage of the H130 light single-engine helicopter, which will be shipped to Airbus’s European facilities, as reported by the Economic Times. About the …
Garden Reach Shipbuilders & Engineers Ltd. announced on April 9, 2025, that it has received a significant order worth ₹489.98 crore from the Geological Survey of India (GSI). The contract includes the design, construction, and delivery of two coastal research vessels, as reported by CNBC TV18. The project is scheduled for completion within 26 months from …
Brightcom Group is a prominent player in the digital marketing and advertising technology (AdTech) industry. Established in 1998, the company has evolved into a comprehensive provider of digital marketing solutions, offering end-to-end services to brands, agencies, and publishers. With a strong global presence, Brightcom specialises in programmatic advertising, AI-driven marketing solutions, and advanced media monetisation …
India’s logistics and warehousing sector is experiencing strong growth, driven by rising investments, digital innovation, and favorable government policies. Contributing approximately 13–14% to the nation’s GDP, the sector is witnessing a surge in private equity funding and increasing demand for warehouse space. Government initiatives like PM Gati Shakti and the National Logistics Policy are further …
IT solutions provider Cyient Ltd announced on April 8, 2025, the launch of its wholly owned subsidiary, Cyient Semiconductors, formalising its entry into the semiconductor domain. Cyient Semiconductors will focus on scaling Application-Specific Integrated Circuit (ASIC) turnkey solutions, leveraging Cyient’s 25-year legacy in semiconductor design for industrial, automotive, medical, and data centre applications. Global Footprint and Vision …
