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Magellanic Cloud wins order of Rs 40 crore

India, May 19 -- Magellanic Cloud has received purchase order from customer worth Rs 40 crore basic value for e-surveillance ranging for a period of five years. Published by HT Digital Content Servic... Read More


Relonchem receives marketing authorization for Sennosides 7.5 mg tablets

India, May 19 -- Marksans Pharma announced that its wholly owned subsidiary Relonchem has received Marketing Authorization for the product Sennosides 7.5 mg Tablets from UK Medicines & Healthcare Prod... Read More


Thomas Cook expands its services in Bengaluru

India, May 19 -- Thomas Cook (India) has expanded its network in Bengaluru with the introduction of foreign exchange services at its outlet in Sahakara Nagar. This strategic move aligns with the Compa... Read More


Page Industries commences commercial operations of new facility in Odisha

India, May 19 -- Page Industries has commenced commercial operations today at its new facility located in Ramdaspur Village, Cuttack District, Odisha.The new manufacturing facility spans a built-up ar... Read More


Board of Kaveri Seed Company approves acquisition of balance stake in Aditya Agritech

India, May 19 -- The Board of Kaveri Seed Company at its meeting held on 19 May 2025 has approved the acquisition of the remaining 30% equity shares of Aditya Agritech, a Company in which Kaveri Seed-... Read More


Varun Beverages to acquire 50% stake in Everest Industrial Lanka

India, May 19 -- Varun Beverages has approved the acquisition of 50% stake of Everest Industrial Lanka (EIL) for a consideration of USD 3.75 Million (Rs 32.08 crore). EIL, a company in Sri Lanka is en... Read More


Jaykay Enterprises invests Rs 13 crore in JK Defence & Aerospace

India, May 19 -- Jaykay Enterprises (JKE) has acquired today i.e. 19 May 2025, additional 13,00,000 Preference Shares of the face value of Rs. 100/- each for an amount aggregating to Rs. 13 crore in J... Read More


Lumax Auto Technologies to acquire balance 25% stake in IAC International Automotive India

India, May 19 -- Lumax Auto Technologies has signed an agreement to acquire the remaining 25% stake in IAC International Automotive India (IAC India) from the International Automotive Components Group... Read More


India Ratings Revises Outlook on Surbhi Satcom's Bank Facilities to Negative and Migrates Ratings to Non- Cooperating Category

India, May 19 -- India Ratings and Research (Ind-Ra) has revised the Outlook on Surbhi Satcom Private Limited's (SSPL) bank facilities to Negative from Stable and has simultaneously migrated the ratin... Read More


Reserve Bank of India cancels the licence of HCBL Co-operative Bank Ltd., Lucknow

India, May 19 -- The Reserve Bank of India (RBI), vide order dated May 19, 2025, has cancelled the licence of "HCBL Co-operative Bank Ltd., Lucknow". Consequently, the bank ceases to carry on banking ... Read More