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.
IndusInd Bank Launches OD and Cash Credit Linked Corporate Credit Card for Businesses
IndusInd Bank has introduced a specialized Corporate Credit Card directly linked to existing Overdraft (OD) and Cash Credit (CC) accounts. This product enables businesses to utilize sanctioned working capital limits for digital payments without maintaining separate credit lines or billing cycles.
Allied Blenders and Distillers Launches ‘The Indian Edit’ Premium Whisky at ₹1,550
Allied Blenders and Distillers Limited (ABDL) has announced the launch of its new premium whisky brand, 'The Indian Edit', targeting the evolving domestic spirits market. The product is a curated blend of Indian malt and grain spirits with fine Scotch malts, reflecting the company's strategic focus on premiumisation.
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.
Mercury Ev-Tech Expands Network with 100 New Dealers and Secures GEDA Subsidy Clearance
Mercury Ev-Tech Ltd has announced a significant distribution milestone by appointing 100 new dealers across India over the last four months. Additionally, the company secured clearance from the Gujarat Energy Development Agency (GEDA), making its electric two-wheelers and three-wheelers eligible for state-level subsidies.
Glenmark Pharmaceuticals Launches RYALTRIS Nasal Spray in Brazil; Targets 60 Million Patients
Glenmark Pharmaceuticals has launched RYALTRIS nasal spray in Brazil for treating moderate to severe allergic rhinitis in patients aged 12 and older. This dual-action therapy, combining an antihistamine and corticosteroid, marks a major expansion into Latin America's largest healthcare market.
Neogen Chemicals Launches QIP with ₹2,189.73 Floor Price for Battery Material Pivot
Neogen Chemicals Limited has officially opened its Qualified Institutional Placement (QIP) with a floor price of ₹2,189.73 per share to bolster its expansion into the lithium-ion battery chemicals sector. This fundraise follows a 34.04% year-on-year surge in quarterly revenue and is intended to provide financial flexibility for large-scale capital expenditure projects.
Ameenji Rubber Bags ₹24.15 Crore Order from North Western Railway for CGRSP Supply
Ameenji Rubber Limited has secured a domestic contract worth ₹24.15 crore from the North Western Railway for the manufacture and supply of Composite Grooved Rubber Sole Plates. The project is set to be executed over a two-year period, strengthening the company's order book in the railway infrastructure segment.
Oneindig Technologies Signs MOU for 4.8 MW Solar Project Worth ₹0.62 Crore
Oneindig Technologies Limited has entered into a strategic Memorandum of Understanding with Amritdev Renewable Energy Private Limited to develop a 4.8 MW solar project. The collaboration targets decentralized power generation under the PM-KUSUM scheme in Uttar Pradesh, marking an expansion of the company's renewable energy portfolio.