Most Read News

Alongside, Devki Nandan Sharma has been appointed as an Additional Director and Whole-Time Director of the company.

Eris had acquired the rights from Novartis AG, Switzerland, through an assignment deed dated November 27, 2019.

With this, the Hyderabad-based company has become one of the first in India to introduce the new G12R N-Type technology.

According to its audited accounts, MCIL posted revenue of ₹182.15 crore in FY25. This is up from ₹174.03 crore in FY24 and ₹159.42 crore in FY23.

JNK India clarified that the transaction qualifies as a related-party deal but has been finalised on an arm’s-length basis.

The proposal is subject to shareholder approval and necessary regulatory clearances.

This order is in line with Titagarh Rail’s push to diversify its portfolio beyond the railway segment.

The move is subject to shareholder approval and regulatory clearances, including permission from the regional director under the Ministry of Corporate Affairs.

According to the company, the vessels are being built for GRSE and will be deployed by the Geological Survey of India (GSI) as research ships for coastal exploration.

The company said the development will cater to rising demand for modern offices and premium hospitality in the city’s busy IT corridor.