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MCX rises on fixing record date for 5-for-1 stock split

Mumbai, Dec. 18 -- Under the plan, MCX will split each equity share with a face value of Rs 10 into five equity shares of Rs 2 each, a move aimed at improving liquidity and retail participation. MCX ... Read More


Alembic Pharma receives USFDA approval for Travoprost ophthalmic solution

Mumbai, Dec. 18 -- The approved ANDA is therapeutically equivalent to the reference listed drug (RLD), Travatan Z Ophthalmic Solution, 0.004%, marketed by Sandoz Inc. Travoprost ophthalmic solution is... Read More


MCX Morning Wrap: Sentiments weak for base metals, MCX Zinc slides half a percent

Mumbai, Dec. 18 -- Base metals eased today. MCX December Copper futures are trading at Rs 1110.70 per kg, down 0.24% on the day. The counter hit a high near Rs 1113 per kg in early moves. MCX Aluminum... Read More


SEBI approves new stock brokers' regulations to enhance ease of compliance

Mumbai, Dec. 18 -- Securities and Exchange Board of India or SEBI has offered a review of SEBI (Stock Brokers) Regulations, 1992. The Board approved the proposal to replace Securities and Exchange Boa... Read More


Rossari Biotech board approves incorporation of subsidiary in Singapore

Mumbai, Dec. 18 -- The board of Rossari Biotech at its meeting held on 18 December 2025 has approved the incorporation of a wholly owned subsidiary in Republic of Singapore with an initial investment ... Read More


Nifty above 25,850; IT shares advance

Mumbai, Dec. 18 -- The key equity benchmarks continued to trade with modest gains in the early afternoon trade. The Nifty traded above the 25,850 mark. IT shares extended gains for the second consecut... Read More


SEBI amends IPO Regulations to enhance ease of doing business and increase participation of retail investors

Mumbai, Dec. 18 -- The Securities and Exchange Board of India (Sebi) on Wednesday approved the amendments to SEBI Issue of Capital and Disclosure Requirements (ICDR) Regulations, 2018 to streamline ce... Read More


USFDA completes inspection of APL Healthcare's Unit IV

Mumbai, Dec. 18 -- Aurobindo Pharma announced that the United States Food and Drug Administration (US FDA) inspected Unit-IV of APL Healthcare, a wholly owned subsidiary of the Company, situated at Pa... Read More


Axis Bank appoints director

Mumbai, Dec. 18 -- Axis Bank has appointed Malavika R. Harita (DIN: 09005600) as an additional independent director of the Bank for a period of four years with effect from 18 December 2025 up to 17 De... Read More


Black Box allots 71,944 equity shares on conversion of warrants

Mumbai, Dec. 18 -- Black Box has allotted 71,944 equity shares of face value of Rs 2 each at a premium of Rs 415 per share on conversion of 71,944 convertible warrants against receipt of balance subsc... Read More