News Overview

New plant is likely to be set up in Bengaluru.

Divgi TorqTransfer Systems initial public offering (IPO) opened for subscription on March 1 will be going to end today on March 3.

Analysts at IIFL Capital Services attended Solvay’s webinar on Soda Ash & Derivatives on Monday. Solvay represents ~18% of global soda ash capacities (excluding China), making it the world’s largest producer of soda ash.

Analysts at IIFL Capital Services believe Cipla’s 23-page Indore ‘483 raises two critical observations – 1) problems in laminar airflow pattern and deficient smoke studies in cleanrooms for manufacturing sterile products, and 2) company not evaluating health hazards for >3000 product complaints received from CY20-22.

Analysts at IIFL Capital Services have updated their estimates and continue to like JSPL and Tata Steel among large caps.

MMFSL has partnered with Car&Bike and Rupyy for these loans.

Company has said that its core assets have not been affected by this breach.

Sonali Singh appointed as new interim Compliance Officer.

In conversation with Sheetal Agarwal of IIFL, management of the IPO-bound company discusses the company's strengths and future plans.

The company is raising Rs 100 crore from the issue at a price of Rs 1000 each. Investors need to apply for a minimum of 1 NCD in a lot.