Synopsis: IDFC First Bank informed exchanges that an independent forensic review conducted by KPMG has reaffirmed that the Rs. 646 crore fraud was limited to its Sector-32 branch in Chandigarh. The bank stated that it has already reimbursed affected customers,...
Synopsis: RailTel Corporation of India Limited has secured a work order worth Rs. 41.32 crore from the Uttar Pradesh Police Recruitment and Promotion Board. The contract involves providing security-related ancillary services during recruitment examinations and is...
Synopsis: HEC Infra Projects Limited has secured a work order worth Rs. 44.87 crore from Powergrid Bikaner IV Transmission Limited, a wholly owned subsidiary of Power Grid Corporation of India Limited. The project involves augmentation of transformation capacity at a...
Synopsis: Innovision Limited has secured a Rs. 25.69 crore contract from the National Highways Authority of India (NHAI) for toll collection and maintenance operations at the Belon Fee Plaza in Uttar Pradesh. The one-year contract is expected to strengthen the...
Synopsis: Sarla Performance Fibers Limited has successfully completed its Rs. 44 crore share buyback, purchasing 40 lakh equity shares at Rs. 110 per share. The move is expected to improve earnings per share and reflects management’s confidence in the...
Synopsis: Aurobindo Pharma has received final approval from the USFDA for Tofacitinib Tablets used in the treatment of rheumatoid arthritis, psoriatic arthritis, and ulcerative colitis. The approved product addresses a US market opportunity of nearly $494 million and...
Synopsis: Alembic Pharmaceuticals has received final approval from the USFDA for Haloperidol Tablets used in the treatment of psychotic disorders and Tourette’s Disorder. The approved product addresses a market opportunity of approximately $27 million in the...
Synopsis: Domestic steel prices have climbed to their highest levels in nearly three years, supported by strong infrastructure demand, improving domestic consumption, and trade protection measures. The development is expected to benefit major steel producers such as...
Synopsis: Artificial Intelligence is emerging as one of the biggest investment themes globally, with AI-related spending expected to exceed $1 trillion annually over the next decade. While software companies are expected to benefit, major opportunities may also emerge...
Synopsis: NTPC Limited and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) have signed a supplementary joint venture agreement to enhance the capacity of the Meja power project in Uttar Pradesh. The expansion is expected to increase the project’s...
