Sun Pharma: The company announced the acquisition of a 37.76% stake in Ezerx Health Tech Private Limited, which manufactures, markets, and distributes non-invasive diagnostic and auxiliary medical devices. The purchase will cost approximately Rs 29 crore.
Lupin: Company stated that Tolvaptan Tablets have gained preliminary approval from the United States Food and Drug Administration (US FDA).
JLR: Despite the customary two-week summer plant outage, wholesale volumes were 96,817 automobiles (excluding the Chery Jaguar Land Rover China JV), up 29% from the previous quarter and 4% higher than the April-June period. Wholesale volumes were 190,070 in the first half of the fiscal year, increasing 29% over the previous year.
KPI Green: The company has obtained fresh orders totaling 12.10 MW for the execution of solar power projects, with KPI Green Energy Limited undertaking 3.10 MW capacity and M/s Sun Drops Energia undertaking 9 MW capacity.
BHEL: In two separate cases, the company claimed that it has secured two awards in arbitration procedures against Jaiprakash Power Ventures Limited.
Cantabil Retail: According to the company, the Board of Directors will meet via video conferencing on Saturday, October 21, to evaluate and approve the record date for the purpose of a stock split or sub-division.
Adani Wilmar: The company reported ‘strong’ volume growth in the ‘double digits,’ owing to substantial prospects in packaged staple foods and strong execution. Rural sales have been growing at a faster rate as a result of a greater emphasis on expanding the rural distribution network, according to the report.
Bajaj Finance: Bajaj Finance has received clearance from its board of directors to raise up to Rs 10,000 crore through qualified institutional placement and convertible warrants.
Interglobe Aviation (IndiGo): IndiGo, India’s largest domestic carrier, said on October 5 that a fuel charge will be implemented on domestic and international routes from October 6 to offset rising ATF prices.
Tata Motors: Tata Motors announced on Thursday that it plans to train more than half of its total workforce in new-age auto tech capabilities over the next five years as part of its strategy to produce competent and future-ready workers focused on electric vehicles and other emerging auto industry technology.
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