With this capital infusion, the airline plans to boost its operations, improve its fleet, and expand its network to satisfy rising passenger demand.
The strategic partnership aims to enhance Bajaj Healthcare's presence in the European pharmaceutical market.
This positive outcome indicates compliance with FDA standards and enhances Glenmark's credibility in the pharmaceutical sector.
This strategic move is intended to streamline Mankind Pharma’s operations, enabling greater focus on its core pharmaceutical business.
In the broader market, the BSE Midcap index shows a gain of 0.61%, while the BSE Small Cap index is up by 0.80%.
The company also recently announced that it had received a 500 MW battery storage contract through the Solar Energy Corporation of India's e-reverse auction (eRA).
In conclusion, the US Food and Drug Administration (USFDA) has issued Form 483 with no observations.
The total investment for these capacity expansions amounted to ₹58 Crore. The company received operational consent from relevant authorities for the enhancements.
The partnership aims to integrate advanced technologies into logistics and trading platforms, creating synergies between the two companies.
Manba Finance has successfully raised ₹45.25 Crore from eight institutional investors, allocating 3,771,000 shares at ₹120 each.
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