HUL to acquire 51% stake in Zywie Ventures

Hindustan Unilever limited(HUL) announced that it had completed the acquisition of 51% of Zywie Ventures for a total consideration of Rs 264.28 crore. Zywie Ventures has become a subsidiary of the company as a result of the above acquisition. According to the company, the acquisition’s goal is to enter the health and wellness category. Zywie

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Adani Group is to invest 60,000 crore in Madhya Pradesh across multiple sectors.

Adani Group, an energy-to-ports conglomerate, has announced plans to invest 60,000 crore in mineral exploration, energy, agriculture, renewable energy, and coal sectors. However, the group did not provide investment timelines. “During a one-on-one meeting with Madhya Pradesh Chief Minister Shivraj Singh Chouhan on the sidelines of the two-day Global Investors Summit (GIS) here, Pranav Adani,

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RailTel bags Rs 170 crore contract from Puducherry Government

The public sector enterprise stated that it has received a work order worth Rs 170.11 crore from the Government of Puducherry’s Department of Revenue and Disaster Management. The contract calls for the design, development, supply, installation, testing, and commissioning (SITC), as well as the operation and maintenance (O&M) of an Integrated Command Control Centre and

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Zydus Life arm to get USFDA final approval to market Brexpiprazole in US

Zydus Worldwide DMCC, a subsidiary of Zydus Lifesciences, has received final FDA approval to market Brexpiprazole tablets, as well as 180 days of shared exclusivity for Brexpiprazole Tablets. Zydus was one of the first applicants to submit a substantially complete ANDA with a paragraph IV certification for Brexpiprazole tablets, making it eligible for 180 days

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RITES to sign MoU with IIT-Kanpur

RITES Ltd., the leading Transport Infrastructure Consultancy and Engineering firm, signed a memorandum of understanding (MoU) with the Indian Institute of Technology Kanpur (IIT-Kanpur) for mutual assistance and cooperation to strengthen and develop a sustainable future by “Transforming to Green”. The overarching MoU pertains to exploring opportunities in the areas of Sustainability, including ESG and

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Cupid bags order from UNFPA

Cupid rose 2.14% to Rs 278.80 after the company announced that it had received a purchase order worth Rs 5.21 crore from UNFPA for the supply of male condoms and water-based lubricant.  On Tuesday, after market hours, the announcement was made. UNFPA is an abbreviation for the United Nations Population Fund. The organisation is the

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