Glenmark launches first triple fixed-dose combination Teneligliptin with Pioglitazone and Metformin in India

In India, Glenmark Pharmaceuticals (Glenmark), a pharmaceutical company focused on innovation, has introduced the first triple fixed-dose combination of Teneligliptin, Pioglitazone, and Metformin. One frequently used DPP4 inhibitor is teneligliptin (Dipeptidyl Peptidase 4 inhibitor). The sustained release (SR) formulation of this FDC, sold under the trade name Zita-PioMet, contains the active ingredients teneligliptin (20 mg), pioglitazone

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Capacit’e Infraprojects bags order worth ₹117.2 crore from DLF

DLF Ltd has awarded Capacit’e Infraprojects Ltd a Rs 117.20 crore order for the construction of a mall in Goa. GST and labour cess are not included in the contract amount of Rs 117.20 crore. “Capacit’e Infraprojects Ltd has been a preferred construction company for leading corporates in India. According to the company, DLF entrusted

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Wipro Consumer to acquire Nirapara

Wipro Consumer Care announced the acquisition of Kerala-based Nirapara. It marks the company’s entry into the packaged food and spice segment by acquiring one of Kerala’s best-selling traditional food brands. Nirapara has signed a definitive agreement with the Wipro group arm. Wipro Consumer Care joins FMCG companies such as Dabur, Emami, Tata Consumer Products Ltd,

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Adani Group’s VCPL buys 8.27% of NDTV in an open offer

Adani Group’s Vishvapradhan Commercial Private Limited announced the acquisition of an 8.27% stake in Indian TV news channel NDTV via an open offer. It paid $294 per share for 5,330,792 shares with a face value of $4 each as part of the acquisition. Adani Group previously owned 29.18 percent of the company through its subsidiary

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ISGEC bags two orders for DSI system packages

SGEC Heavy Engineering has received two prestigious orders for Dry Sorbent Injection (DSI) System Packages from Maharashtra Power Generation Corporation (MAHAGENCO) and The West Bengal Power Development Corporation (WBPDCL) for their 2 x 210 MW (Unit #3&4) Khaperkheda Thermal Power Station and 4 x 210 MW (Unit #, 3,4,5&6) Kolaghat Thermal Power Station, respectively. ISGEC

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Salasar Techno Engineering bags 2 orders worth ₹748.5 crore from PVVNL

Salasar Techno Engineering rose 8.55% to Rs 56.50 after the company announced that it had received two letters of intent (LoIs) from Pashchimanchal Vidvut Vitran Nigam worth Rs 748.46 crore (PVVNL). The contract is for the development of distribution infrastructure for loss reduction in four districts of Uttar Pradesh state, namely Bulandshahar, Hapur, Baghpat, and

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Arfin India stock bags orders worth Rs 350 crore

Shares of Arfin India zoomed over 11% today after the firm said it has bagged purchase order from Saudi Basic Industries Corporation (SABIC), Saudi Arabia. The company will supply 18,000 MT of aluminium deox under this contract, which is worth approximately Rs 350 crore ($39.97 million). The order’s supply is expected to be completed in

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Edelweiss acquires L&T-CPPIB infrastructure project for Rs 6,000 cr

The largest construction company in India, Larsen & Toubro, and the manager of a Canadian pension fund, Canada Pension Plan Investment Board, announced that they had reached an agreement to transfer their entire ownership stake in L&T Infrastructure Development Projects and its subsidiaries to the Infrastructure Yield Plus Strategy fund of Edelweiss Alternative Asset Advisors

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AdaniConnex establishes DC Development Noida Two as a wholly owned subsidiary

Adani Enterprises revealed on Monday that the joint venture AdaniConnex had established DC Development Noida Two Limited (DCDNTL), a wholly-owned subsidiary, to conduct IT services-related business. Additionally, the recently established subsidiary will work on projects for infrastructure development. The flagship company of the Adani Group touched a new 52-week high on the BSE before closing

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Glenmark gets US FDA nod for high BP capsules

Glenmark Pharmaceuticals Limited has received final approval from the US Food and Drug Administration (US FDA) for Nicardipine Hydrochloride Capsules, 20 mg and 30 mg, the generic version of Chiesi USA, Inc.’s Cardene Capsules, 20 mg and 30 mg. Glenmark Pharmaceuticals Inc., USA will distribute Glenmark’s Nicardipine Hydrochloride Capsules, 20 mg and 30 mg. The

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