Synopsis: Wockhardt Limited has executed a structural pivot away from commoditised generics, concentrating its operating model across novel antibiotics, diabetes biosimilars, and a profitable base pharma business with the US FDA-approved Zaynich (Cefepime-Zidebactam)...
Synopsis: Hindustan Aeronautics Limited (HAL) has filed a criminal complaint against a Hyderabad-based supplier over the alleged submission of 199 forged test reports linked to components supplied for the Tejas Mk-1A fighter aircraft programme. The supplier has...
Synopsis: Monarch Surveyors and Engineering Consultants Limited has secured a consultancy contract worth Rs. 16.47 crore for the Maharashtra Green Roads Connectivity for Inclusive Growth Program. The project has been awarded under a joint venture arrangement, with...
Synopsis: Hyderabad-based Hiliks Technologies Limited has secured a ₹37.75 crore railway signaling and telecommunication order from Railone Projects Private Limited for the Motumari-Vishnupuram Doubling Project. The order is worth nearly 60% of the company’s...
Synopsis: Glenmark Pharmaceuticals has launched Winlevi® (clascoterone 10 mg/g cream) across key European markets for the treatment of acne vulgaris. The launch marks Glenmark’s first New Chemical Entity (NCE) launch in Europe and strengthens its dermatology...
Synopsis: Vipul Organics Limited has entered into an exclusive distribution agreement with Switzerland-based Omya Group for the sale of its SunTone and SunCoat pigment ranges across key European markets. The partnership provides the company access to one of the...
Synopsis: The Indian rupee fell 0.44 percent to 95.6850 against the US dollar on June 11, 2026, as overnight US airstrikes on Iranian military facilities triggered Iran’s IRGC to declare a complete closure of the Strait of Hormuz sending Brent crude above $95 a...
Synopsis: RBL Bank shares climbed to a fresh 52-week high after reports indicated that former HDFC Bank executive Bhavin Lakhpatwala is likely to be appointed as the lender’s Chief Financial Officer. The development comes at a crucial stage as the bank prepares...
Synopsis: Spandana Sphoorty Financial Limited’s board has approved the merger of its 99.92 percent-owned subsidiary Criss Financial Limited with the company under a Section 233 scheme of arrangement a consolidation move that brings CFL’s secured lending...
Synopsis: Zee Entertainment Enterprises Limited (ZEEL) has approved a capital raising plan of at least Rs. 2,300 crore to support strategic and business initiatives. The fundraising announcement boosted investor sentiment, with the stock gaining nearly 4 percent...
