Glenmark Pharmaceuticals, through its Swiss subsidiary Glenmark Specialty SA, has entered into an exclusive licensing agreement with China’s Hengrui Pharma for Trastuzumab Rezetecan, an advanced antibody drug conjugate (ADC) for cancer therapy. Under the terms of the deal, Glenmark will pay an upfront fee of $18 million, while…
Glenmark Pharma Signs Licensing Deal with Hengrui Pharma Glenmark Pharmaceuticals’ subsidiary, Glenmark Specialty, has entered into an exclusive licensing agreement with Hengrui Pharma for Trastuzumab Rezetecan (SHR-A1811), a HER2-targeting antibody drug conjugate. Newgen Software Bags €4.22 Million TCS Deal Newgen Software Technologies’ subsidiary has signed a five-year Master…
View on market: Volatility persists, eagerly searching for growth: Asian shares moved in a narrow range at the start of trade as weakness from Wall Street carried over. The strong rally driven by artificial intelligence stocks showed signs of slowing. Markets in Japan and Australia inched higher while…
Jinkushal Industries IPO Details IPO Date September 25, 2025 to September 29, 2025 Listing Date [.] Face Value ₹10 per share Issue Price Band ₹115 to ₹121 per share Lot Size 120 Shares Sale Type Fresh Capital-cum-Offer for Sale Total Issue Size 95,99,548 shares (aggregating up to ₹116.15 Cr) Fresh Issue 86,40,000 shares…
Trualt Bioenergy IPO Details IPO Date September 25, 2025 to September 29, 2025 Listing Date [.] Face Value ₹10 per share Issue Price Band ₹472 to ₹496 per share Lot Size 30 Shares Sale Type Fresh Capital-cum-Offer for Sale Total Issue Size 1,69,20,967 shares (aggregating up to ₹839.28 Cr) Fresh Issue 1,51,20,967 shares…
Swiggy Ltd has announced that its board has approved the sale and transfer of its quick-commerce business, Instamart, to an indirect step-down wholly-owned subsidiary, Swiggy Instamart Pvt Ltd, through a slump sale. Key Details of the Transaction The transaction covers Instamart’s assets, liabilities, employees, intellectual property, and contracts,…
Bajaj Electricals Ltd (BEL) has approved a plan to acquire the Morphy Richards brand and associated intellectual property rights from Ireland’s Glen Electric, part of the Glen Dimplex Group, for ₹146 crore. The acquisition covers rights in India, Nepal, Bhutan, Bangladesh, Maldives, and Sri Lanka, giving BEL full…
Shankara Building Products Limited (SBPL) has announced the successful demerger of its trading business into Shankara Buildpro Limited (SBL), following approval by the National Company Law Tribunal (NCLT), Bengaluru Bench, on August 21, 2025. Demerger Structure SBPL’s Trading Business Undertaking has been transferred to SBL. Shareholders of SBPL…
Chalet Hotels Limited, a leading hospitality company, has successfully raised ₹100 crore through the private placement of commercial papers (CPs). The issuance, approved by the company’s Finance Committee on September 23, 2025, highlights Chalet’s ability to secure short-term funding at competitive rates to support its working capital and…
Bengaluru-based Sonata Software [NSE: SONATSOFTW, BSE: 532221], a leading AI-led modernization engineering company, has been awarded the 2025–2026 Microsoft AI Business Solutions Inner Circle Award. This marks the fifth time the company has received this recognition, underscoring its deep and sustained partnership with Microsoft. About the Inner Circle…