Zydus Lifesciences’ BridgeBio Pharma Inc., and Sentynl Therapeutics Inc., announced that the European Commission (EC) has granted marketing authorization for NULIBRY (fosdenopterin) for Injection as the first therapy for the treatment of patients with molybdenum cofactor deficiency (MoCD) Type A.MoCD Type A is an extremely uncommon and progressive illness that affects less than 150 individuals
The Cabinet on Wednesday approved the Ministry of New & Renewable Energy’s (MNRE) proposal for implementation of the second tranche of the Production Linked Incentive (PLI) scheme on the national programme on high efficiency solar photovoltaic (PV) modules. The second tranche has an outlay of ₹19,500 crore for achieving manufacturing capacity of Gigawatt (GW) scale
HDFC Securities received a ‘no objection’ on from the Securities and Exchange Board of India (SEBI) to set up a wholly owned subsidiary at International Financial Services Centre (IFSC) in Gujarat’s GIFT City, HDFC Bank told exchanges on September 20.On May 13, HDFC Bank told exchanges that the Reserve Bank of India had given its
Hero MotoCorp and Hindustan Petroleum Corporation Limited (HPCL) have teamed up to set up charging infrastructure for electric vehicles in the country. In the first phase, charging stations will be set up in select cities, which will then be expanded to other key markets. The aim is to establish a high density of EV charging
NBCC has secured the total business of Rs 274.77 crore during the month of August 2022.The announcement was made after market hours yesterday. NBCC (India) provides civil engineering construction services. As on 31 March 2022, the Government of India held 61.75% stake in NBCC (India).The company reported a consolidated net loss of Rs 6.29 crore
India’s oil ministry has sought exemption for some oil fields from windfall profit tax levied by the central government on domestically produced crude and has asked for a review of the new levy, which it believes is against the principle of fiscal stability provided in contracts for finding and producing oil. The oil ministry said
Adani’s group pledged shares valued at about $13 billion in two Indian cement firms just days after it completed the acquisition from Holcim Ltd. Stakes in two of those companies about 57% of ACC Ltd and 63% in Ambuja Cements Ltd. have been encumbered “for the benefit of certain lenders and other finance parties,” according to separate filings made to Indian stock exchanges by Deutsche
IRCON International jumped 4.21% to Rs 42.10 after the company said that it has been awarded work valuing Rs 256 crore by Mahanadi Coalfields (MCL). The company informed that it has been awarded the work of stage-III i.e. detailed engineering and project management consultancy (PMC) services for development of rail infrastructure for proposed 02 nos.
Gravita India Limited, a Leading Recycling Company having its Global Manufacturing presence has been honored with the “Rajasthan State Export Award” for highest export turnover in an event organized by Department of Industries and Commerce, Government of Rajasthan for selecting best companies of the state engaged in Export Activities. Gravita is a leading global recycling
Shares of Bombay Dyeing spiked on September 20 after the company said its board will meet later this week to discuss raising funds by way of a rights issue. “A meeting of the board will be held on Thursday, September 22, to consider, among other things, proposal of raising of funds by issue of equity shares by
