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Orchid Pharma receives USFDA approval for Enmetazobactam

Mumbai, Feb. 23 -- Orchid Pharma has received approval by the United States Food and Drug Administration (USFDA) for its novel invention, 'Enmetazobactam'. This development comes in close succession t... Read More


INR Snaps Winning Streak Amid Renewed Gains In Dollar; Muted Equities

Mumbai, Feb. 23 -- The Indian rupee consolidated in a narrow range and depreciated by 8 paise to close at 82.93 (provisional) against the US dollar on Friday, tracking a strong American currency and m... Read More


NSE SME IPO of Sadhav Shipping subscribed 1.43 times

Mumbai, Feb. 23 -- The initial public offer (IPO) of Sadhav Shipping received bids for 57,78,000 shares as against 40,18,800 shares on offer, as per NSE data as of 17:00 hours on Friday (23 February 2... Read More


Suven Pharmaceuticals' Unit 3 & 5 clear USFDA inspection

Mumbai, Feb. 23 -- Suven Pharmaceuticals announced that its Active Pharmaceutical Ingredients (API) and Formulations facilities (Unit-3 and Unit-5, respectively) in Pashamylaram, Hyderabad, India, hav... Read More


KIOCL temporarily suspends operations of its pellet plant unit

Mumbai, Feb. 23 -- KIOCL announced that the operation of Pellet Plant Unit (The Plant) of the Company situated at Mangalore, planned to be suspended, with effect from 24th February 2024 due to ongoing... Read More


Ashok Leyland invest Rs 24.95 cr in TVS Trucks

Mumbai, Feb. 23 -- Ashok Leyland has invested a sum of Rs. 24.95 crore in TVS Trucks and Buses (TVS Trucks) by way of Equity shares. Consequent to the allotment by the Board of Directors of TVS Trucks... Read More


L&T Technology Services announces cessation of subsidiary

Mumbai, Feb. 23 -- L&T Technology Services announced that Orchestra Technology Inc. has ceased to be step-down wholly owned subsidiary of the Company w.e.f. 01 February 2024, consequent to its merger ... Read More


Board of Punjab & Sind Bank to consider fund raising up to Rs 2000 cr

Mumbai, Feb. 23 -- The Board of Punjab & Sind Bank will meet on 28 February 2024 to consider the following items:1) To raise capital up to an amount and aggregating to Rs.2000 crore in any combination... Read More


Market rises for 2nd straight week, Nifty closes above 22,200

Mumbai, Feb. 23 -- Indian equity indices clocked minor gains during the week, rising for the second week in a row. During the week, the Nifty attained fresh record high level. The domestic equity mark... Read More


SG Finserv allots 30,000 equity shares on conversion of warrants

Mumbai, Feb. 23 -- SG Finserv has allotted 30,000 equity shares on conversion of warrants on 23 February 2024. Consequently, the paid up equity share capital has increased to Rs.54,97,90,000/- compris... Read More