Inox Wind’s Promoters Pump Rs 500 Crore for Debt Repayment; Shares Plunge 6%
The wind energy solutions provider Inox Wind said its promoter and promoter group have pumped Rs 500 crore into the company for debt repayment. Inox...
Author : Ali Waghbakriwala
Vodafone-Idea Seeks a Month to Pay its Rs 1,680 Crore 5G Spectrum Due
Vodafone-Idea (VIL) has submitted a letter to the Department of Telecommunication to avail a 30 days grace period for the Rs 1,680 crore that the...
Lupin Receives Approvals for Multiple New Drugs; Shares Hit 52-Week High
On 17 August, shares of Lupin Ltd hit a new 52-week high of Rs 1,143.95 on NSE after the company announced that it had received...
Bata India in Talks to Tie-Up with Adidas: Shares Rally 7%
Bata India, the footwear company in talks with German sportswear giant Adidas for a strategic partnership for the Indian market. Post the news, the shares...
FDA Suspends Cipla’s License of Patalganga Unit for 10 Days; Shares Slip 1%
Cipla’s shares are in the limelight today after the Konkan division of the Food and Drug Administration had ordered the suspension of the license issued...
Ramkrishna Forgings Win a Contract Worth Rs 145 Crore; Shares Hit 52-Week High
Shares of Ramkrishna Forgings punched a new 52-week high of Rs 617.95 on 17 August after the company secured a contract worth Rs 145 crore....
Aurobindo Pharma Plans to Launch HIV Tablets
Aurobindo Pharma on 17 August announced that it will launch a tablet to treat HIV in low-to-middle-income countries. Headquartered in Hyderabad, Aurobindo Pharma manufactures a...
Aurobindo Pharma gets Approval from USFDA for its Icatibant Injection
Eugia Pharma Specialities, a wholly-owned subsidiary of Aurobindo Pharma, on 16 August received approval from the USFDA (United States Food and Drug Administration to manufacture...
Hyundai to Acquire General Motors Talegaon Manufacturing Plant
South Korean carmaker Hyundai Motor India Ltd (HMIL) has signed a purchase agreement on 16 August with General Motors India to acquire its land, buildings,...
Bidding Between Germany and Spain for $4.8 Billion Indian Submarine Deal
Germany and Spain, the two European defence manufacturing giants, are looking to win the Rs 40,000 crore ($4.8 billion) order to build submarines in India...
