News Overview

Zydus Lifesciencesnbsp;has received final approval from the United States Food and Drug Administration USFDA to market Topiramate Extended-Release Capsules 25 mg 50 mg 100 mg 150 mg and 200 mg USRLD Qudexy XR Extended-Release capsules Topiramate Extended-Release capsule is indicated to prevent and control seizures in people with epilepsy It may also be used to prevent migraine headaches The drug will be manufactured at the […]

Softrak Venture Investment will hold a meeting of the Board of Directors of the Company on 5 December 2022

Central Bank of India announced the appointment of Malladi Venkat Murali Krishna Chief General Manager Bank of Baroda as Executive Director on the Board of the Bank for a period of three years with effect from the date of assumption of office on or after 01 December 2022 or until further orders whichever is earlier

Ashok Leyland has achieved total sales of 14561 units in month of November 2022 compared to 10480 units in November 2021 higher by 39Percentage Total sales comprised of domestic sales of 13654 units higher by 46Percentage

MFS Intercorp will hold a meeting of the Board of Directors of the Company on 8 December 2022

Maruti Suzuki India sold a total of 159044 units in November 2022 compared to 139184 units in November 2021 recording a 1427Percentage Total sales in the month include domestic sales of 135055 units sales to other OEM of 4251 units and exports of 19738 units The shortage of electronic components had a minor impact on the production of vehicles mainly in domestic models

Larsen amp; Toubronbsp;has successfully closed a three-year USD 107 million sustainability-linked loan from Sumitomo Mitsui Banking Corporation SMBC on 30 November 2022 with SMBC appointed as the sole Sustainability Coordinator and Lender This sustainability linked loan underscores Lamp;Ts continued commitment to its environmental social and governance ESG goals The facility incorporates interest rate reductions linked to the achievement of two of Lamp;Ts predetermined sustainability targets […]

Eicher Motors announced that its subsidiary VE Commercial Vehicles has achieved total sales of 4903 units in the month of November 2022 compared to 4085 units recording a growth of 20Percentage Total sales comprise of domestic sales of 4483 units exports of 237 units and Volvo trucks and buses of 183 units

nbsp;nbsp;VST Tillers Tractors announced its sales quantity for the month of November 2022 nbsp;Particulars Units sold in Nov 22nbsp; Units sold in Nov 21nbsp; nbsp; Power Tillers 2045nbsp; 2227nbsp; nbsp; Tractors 547nbsp; 496nbsp; nbsp; Total 2592nbsp; 2723nbsp;

IDBI First Bank has allotted 1500 Unsecured Subordinated Rated Listed Non-Convertible Fully Paid-Up Taxable Redeemable Basel III compliant Tier 2 capital in the nature of Debentures for a face value of Rs 1 crore each aggregating to Rs 1500 crore on private placement basis on 01 December 2022