Company assures corrective action within stipulated timelines; regulatory outcome under watch Pharmaceutical major Dr. Reddy’s Laboratories has disclosed that its Active Pharmaceutical Ingredient (API) Mirfield facility in West Yorkshire, UK, has received a Form 483 with seven observations from the U.S. Food and Drug Administration (US FDA). The…
Deal to Add 300 MW Solar Capacity in Rajasthan, Strengthening Renewable Energy Portfolio ACME Solar Holdings Ltd., one of India’s leading renewable energy companies, has approved the acquisition of 100% equity in AK Renewable Infra Pvt. Ltd. for an enterprise value of ₹79.25 crore. The acquisition was cleared…
570 MW Wangchhu project to meet Bhutan’s winter demand and boost power exports to India Adani Power Ltd, India’s largest private sector thermal power producer, has entered into a strategic pact with Bhutan’s state-owned Druk Green Power Corporation (DGPC) to jointly develop the 570 MW Wangchhu hydroelectric project…
Company to respond within stipulated timeframe; reiterates commitment to quality compliance Pharmaceutical major Lupin Ltd announced that the U.S. Food and Drug Administration (US FDA) recently completed a product-specific Pre-Approval Inspection (PAI) at its Chhatrapati Sambhajinagar (Aurangabad) manufacturing facility. The inspection, which took place between September 1 and…
Markets are buzzing with multiple corporate actions, acquisitions, regulatory updates, and partnerships. Here’s a quick roundup of the most important developments that could influence stock movements today. 🔐 SIS Acquires Stake in A P Securitas SIS Ltd. will acquire a 51% stake in A P Securitas for ₹73.40…
Summary: Reliance Power Ltd (NSE: RPOWER) has issued a clarification after Bank of Baroda classified the loan account of Reliance Communications Ltd (RCom) and Mr. Anil D. Ambani as fraud. The company stressed that this action has no impact on its operations, financials, or stakeholders. Matters Relating to…
Summary: Adani Power Ltd. announced that its shareholders have approved a 1:5 stock split, a move aimed at improving liquidity and making shares more accessible for retail investors. The resolution was passed through a postal ballot, with voting held from August 6 to September 4, 2025. Details of…
In a significant move to strengthen India’s healthcare innovation ecosystem, the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry has signed a Memorandum of Understanding (MoU) with Pfizer Limited. The partnership seeks to nurture startups working in the MedTech space…
Summary: Hindustan Aeronautics Limited (HAL) is preparing to deliver the first two Tejas Mark-1A fighter aircraft to the Indian Air Force (IAF) next month. However, the handover depends on the successful completion of final weapon firing trials scheduled for later this month, according to a TOI report. The…
Summary: Amazon has taken a major step into India’s financial services sector by acquiring Bengaluru-based NBFC Axio (formerly Capital Float). With Reserve Bank of India (RBI) clearance received in June 2025, the deal grants Amazon a direct lending license in India, though the transaction amount has not been…