L&T buys additional stake in Mindtree
Larsen and Toubro (L&T) has acquired 73,953 shares of Mindtree from the open market on May 20, 2019. After the acquisition, the stake in the…
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Dr Reddy’s Lab to spend upto $300 million on R&D in FY20
Dr Reddy’s Laboratories is planning to spend upto $300 million on research and development (R&D) during financial year 2019-2020 (FY20). The R&D spends for the…
Panacea Biotec receives USFDA’s approval for Azacitidine Injection
Panacea Biotec has received United States Food & Drug Administration (USFDA) approval for manufacture and supply of Azacitidine Injection, 100 mg/vial, for the US market.…
Dynamic Cables secures two orders worth Rs 32 crore from EPC Company
Dynamic Cables has bagged two orders worth Rs 32 crore from one of the largest domestic EPC Company of India, for manufacturing and supply of…
Tata Motors reports 49% fall in Q4 consolidated net profit
Tata Motors has reported results for the fourth quarter and year ended March 31, 2019. The company has reported a net profit at Rs 106.19…
IndoStar Capital Finance to raise Rs 10,000 crore via NCDs
IndoStar Capital Finance has received approval for issuance of Non-Convertible Debentures (NCDs) for an amount not exceeding Rs 10,000 crore on private placement basis, in…
PC Jeweller to open new showroom in Haryana
PC Jeweller is opening its new showroom at Sirsa in the state of Haryana on May 25, 2019. The new showroom will be located at…
GAIL contributes Rs 5 crore for relief works in cyclone-hit Odisha
GAIL India has contributed Rs 5 crore to Odisha State Disaster Management Authority (OSDMA) as support towards relief and rehabilitation efforts in the state, in…
Glenmark Pharmaceuticals’ arm receives ANDA approval for Solifenacin Succinate Tablets
Glenmark Pharmaceuticals’ subsidiary — Glenmark Pharmaceuticals Inc., USA (Glenmark) has received final approval from United States Food & Drug Administration (USFDA) for Solifenacin Succinate Tablets,…
JK cement reports 55% rise in Q4 net profit
JK cement has reported results for the fourth quarter and year ended March 31, 2019. The company has reported a rise of 55.49% in its…