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KIOCL Director, CFO Manoj Kumar Jhawar resigns

KIOCL Director, CFO Manoj Kumar Jhawar resigns

Manoj Kumar Jhawar has resigned as the director and chief financial officer (CFO) of the company. KIOCL said on Thursday. According to a regulatory filing, Being a government company, Jhawar's resignation has been submitted to the Union Ministry of Steel for consideration and further details will be submitted on receipt of communication from the ministry. [...]
Granules India receives USFDA nod for generic drug used for the short-term treatment of heartburn

Granules India receives USFDA nod for generic drug used for the short-term treatment of heartburn

On Thursday, Granules India Ltd said it has received approval from the US health regulator for its generic Esomeprazole Magnesium delayed-release capsules indicated for short-term treatment of heartburn and other symptoms associated with gastroesophageal reflux disease. Granules India said in a regulatory filing that the approval by the US Food & Drug Administration (USFDA) is [...]
Blue Jet Healthcare plans to raise Rs 840 crore through an IPO; sets a price band of Rs 329-346 per share

Blue Jet Healthcare plans to raise Rs 840 crore through an IPO; sets a price band of Rs 329-346 per share

Blue Jet Healthcare a pharmaceutical ingredient maker fixed a price band of Rs 329-346 per share for its Rs 840 crore Initial Public Offering (IPO) on Thursday. The bidding for the issue, which is entirely an Offer for Sale (OFS) component of 2.42 crore shares by promoters - Akshay Bansarilal Arora and Shiven Akshay Arora [...]
Adani Energy has completed the Warora-Kurnool transmission line

Adani Energy has completed the Warora-Kurnool transmission line

Adani Energy has commissioned the largest inter-regional 765 KV Warora-Kurnool electricity transmission line. The company said on Thursday. According to a statement, The project, spanning 1,756 circuit kilometres (ckm) across Maharashtra, Telangana and Andhra Pradesh, will strengthen the national grid to ensure a seamless power flow of 4,500 MW between western and southern regions. The [...]
Blue Jet Healthcare IPO will open on October 25

Blue Jet Healthcare IPO will open on October 25

Blue Jet Healthcare, a manufacturer of pharmaceutical chemicals, has announced that its initial share sale would be open for public subscription on October 25. The bidding for the Initial Public Offering (IPO), which is entirely an offer for sale (OFS) of 2.42 crore shares by promoters - Akshay Bansarilal Arora and Shiven Akshay Arora - [...]
The government extends sugar export restrictions beyond October 31

The government extends sugar export restrictions beyond October 31

The government on Wednesday again extended restrictions on sugar exports beyond October 31 this year, a step aimed at enhancing the commodity's availability on the domestic market during the festive season. Earlier, the restrictions were imposed until October 31 this year. The directorate general of foreign trade (DGFT) said in a notification that "Restriction on [...]
Glenmark introduces a triple-drug combo for type 2 diabetes

Glenmark introduces a triple-drug combo for type 2 diabetes

On Wednesday, Glenmark Pharmaceuticals said it has launched a triple-fixed-dose combination (FDC) drug for the treatment of diabetes. Under the name Zita, the compnay has introduced a combination of Teneligliptin, Dapagliflozin and Metformin.  It is indicated to improve glycemic control in patients with Type 2 diabetes. The company stated that Priced at Rs 14 per [...]