Aurobindo Pharma Secures USFDA Approval for First MDI Product in US$301M Market
Aurobindo Pharma has received final USFDA approval for Beclomethasone Dipropionate HFA Inhalation Aerosol, marking its entry into the metered-dose inhaler (MDI) segment. The product targets a US market valued at approximately US$301 million and will be manufactured in North Carolina.
Anand Rathi Wealth Subsidiary ARFME Receives IFSCA Registration for GIFT City Operations
Anand Rathi Wealth’s wholly-owned subsidiary, Anand Rathi FME (IFSC) Private Limited, has received a certificate of registration from the International Financial Services Centres Authority. This approval enables the entity to commence non-retail fund management activities at GIFT City, Gujarat.
Raghav Productivity Enhancers Secures Two Patents for Automated Ramming Mass Technology
Raghav Productivity Enhancers' wholly owned subsidiary has been granted two Indian patents for automated quartz processing and silo-level interlock systems. These technological advancements provide 20-year exclusivity for the company's proprietary ramming mass production methods.
BSE Limited Secures SEBI Approval for Re-appointment of Jagannath Mukkavilli as Director
BSE Limited has received formal approval from the Securities and Exchange Board of India (SEBI) for the re-appointment of Shri Jagannath Mukkavilli as a Non-Independent Director. This regulatory nod follows the prior approval granted by the company's shareholders during the 21st Annual General Meeting.
Shilpa Medicare Secures SEC Approval for World-First OERIS Long-Acting Injectable
Shilpa Medicare has received final approval from the CDSCO Subject Expert Committee for OERIS, a world-first extended-release ondansetron injection. The product, used for managing chemotherapy-induced nausea, offers five days of protection from a single dose and holds patent security until 2039.
Kalyani Cast-Tech Receives CBIC Approval for Shivlakha Inland Container Depot in Kutch
Kalyani Cast-Tech Limited has received a Letter of Intent from the Ministry of Finance to establish an Inland Container Depot in Shivlakha, Gujarat. This regulatory clearance anchors the company's transition into a diversified rail, manufacturing, and logistics platform.
Acutaas Chemicals Secures Indian Patent for 2,4-Dimethylthiophenol Process
Acutaas Chemicals Limited has been granted a process patent by the Indian Patent Office for its indigenously developed method to prepare 2,4-dimethylthiophenol. This grant secures exclusive rights for a 20-year term and brings the company's total patent portfolio to 11 specialized processes.
ICICI Prudential AMC Receives RBI Approval for 9.95% Stake in Four Private Banks
ICICI Prudential Asset Management Company has secured regulatory clearance from the Reserve Bank of India to increase its aggregate holding in four major private sector banks. The approval allows the AMC to acquire up to 9.95% of the paid-up equity capital or voting rights in Kotak Mahindra Bank, AU Small Finance Bank, CSB Bank, and DCB Bank.
RBI Approves ICICI Prudential AMC to Acquire Up to 9.95% Stake in AU Small Finance Bank
AU Small Finance Bank has secured regulatory approval from the Reserve Bank of India for ICICI Prudential Asset Management Company to increase its aggregate holding to 9.95%. This approval covers various schemes including mutual funds, AIFs, and PMS clients, reinforcing institutional interest in the bank.