Blue Star rose 1.05% to Rs 1463.45 after the company announced that it had secured Railway Electrification orders worth Rs 575 crore, allowing it to successfully expand its presence in the Railways segment. The West Central Railway (Kota Division), the Central Organization for Railway Electrification (CORE), and the Metro Railway, Kolkata have all awarded the
NTPC Green Energy Limited (NGEL) and Indian Oil Corporation Limited (IOCL) have signed an agreement to establish renewable energy projects to meet the 24-hour power needs of IOCL refineries. The JV agreement was signed in the presence of NTPC Limited Chairman and Managing Director Gurdeep Singh and IOCL Chairman Shrikant Madhav Vaidya, among others. “With
Coya Therapeutics, Inc., based in Houston, announced a licencing agreement with Dr. Reddy’s Laboratories, Ltd. on Monday to develop and commercialise COYA 302 for the treatment of neurodegenerative diseases. Coya will pay a one-time non-refundable upfront fee to Dr Reddy’s as part of the agreement, as well as tiered milestone payments to the company. Coya
B.L. Kashyap & Sons has received a new order from a domestic unrelated client, ‘Railways Land Development Authority,’ worth approximately Rs. 313 crore (excluding GST), as detailed below:The development of the Bijwasan Railway Station in New Delhi is estimated to cost Rs. 313 crore excluding GST. The above-mentioned project is expected to be completed within
Larsen & Toubro (L&THydrocarbon )’s Business (L&T Energy Hydrocarbon – LTEH) has secured multiple offshore packages from a prestigious overseas client. The estimated cost of these projects ranges from Rs 5000 crore to Rs 7000 crore. The scope of work includes offshore structure engineering, procurement, construction, and installation, as well as facility upgrades.
Caplin Steriles has received final USFDA approval to market Rocuronium Bromide Injection and Thiamine Hydrochloride Injection USP. Rocuronium Bromide Injection, the approved abbreviated new drug application (ANDA), is a generic version of Organon USA Inc.’s Zemuron Bromide Injection. Rocuronium Bromide injection is used in conjunction with general anaesthesia medications for rapid sequence intubation and routine
Lupin announced that the United States Food and Drug Administration (US FDA) has approved its Abbreviated New Drug Application for Brexpiprazole Tablets, 0.25 mg, 0.5 mg, 1 mg, 2 mg, 3 mg, and 4 mg, a generic equivalent of Otsuka Pharmaceutical Company’s Rexulti Tablets. Lupin’s Pithampur facility in India would manufacture this product. Brexpiprazole Tablets (RLD
HG Infra Engineering announced that it had been selected as the lowest bidder for a North Central Railway project in Kanpur. According to the company, HG Infra bid Rs 655.09 crore for the project, while the North Central Railway estimated the cost to be Rs 677.31 crore. “We are pleased to inform you that DYCE-C-CNB-ENGINEERING/North
Tata Steel acquired 1,55,34,738 equity shares of Rs 10/- each of Tata Steel Advanced Materials (TSAML), a wholly owned subsidiary of the Company, on March 16, 2023, at an issue price of Rs 12.81 per share (including a premium of Rs 2.81 per share), for an amount of approximately Rs 19.90 crore (hereinafter referred to
On Monday, Ahluwalia Contracts (India) announced that it had received an order for the construction of a cancer hospital building in Mumbai for approximately Rs 723.34 crore. The project entails the construction of a cancer hospital building – platinum jubilee block for Tata Memorial Centre in Parel, Mumbai, worth approximately Rs 723.34 crore. “To date,
