Page 174 - Company News

Biocon Biologics secures USFDA approval for Bosaya and Aukelso biosimilars

Biocon Biologics gets USFDA approval for Bosaya and Aukelso, denosumab biosimilars of Prolia and Xgeva, with provisional interchangeability status to widen patient access

Tesla Group and SRAM & MRAM to build EV battery gigafactories in India

Spanning around 500 acres each, the giga factories will house comprehensive battery manufacturing and storage supply chains, Hiranandani said

Flipkart Marketplace sees 25% rise in sellers ahead of festive season

Flipkart Marketplace has recorded 25-30% growth in sellers over six months, aided by AI tools, simplified GST compliance and expanded fulfilment ahead of the festive season

NCLT postpones final hearing on Vedanta demerger plan to October 8

The counsel representing the Ministry of Petroleum and Natural Gas told the tribunal that they are asking about the details of the RJ block, and sought clarifications on disclosures

Amitabh Kant joins IndiGo board after clearance from aviation ministry

Amitabh Kant, former NITI Aayog CEO and India's G20 Sherpa, has joined IndiGo's board as a non-executive non-independent director after receiving clearance from the Ministry of Civil Aviation

SBI completes ₹8,889 crore stake sale in Yes Bank to Japan's SMBC

Earlier this year, SMBC had agreed to acquire a 20 per cent stake in Yes Bank, making it one of the largest foreign investments in the Indian banking sector

Lupin gets US FDA nod for generic drug Lenalidomide in multiple potencies

The announcement comes a day after Lupin said the US FDA had inspected its Nagpur injectable facility between September 8 and 16, issuing six observations

FinBox raises $40 mn from WestBridge to boost AI-led credit platform

Credit infrastructure fintech FinBox raises $40 million in Series B led by WestBridge Capital to strengthen AI-driven lending products, expand globally, and scale fraud intelligence

TCS partners with Qualcomm to launch co-innovation lab in Bengaluru

The 'TCS Innovation Lab', equipped with 5G private network infrastructure and other hitech network and equipment, will develop capabilities for sectors that need agile IoT solutions,

Hindustan Zinc's Rajasthan fertiliser plant to start by Dec 2026: CEO

The plant would help in supporting farmers' needs through the production and sale of DAP fertilizer, currently being imported

MakeMyTrip partners with Zomato to offer on-train meal delivery service

After booking, passengers can avail services such as on-train food delivery in partnership with Zomato, live Passenger Name Record (PNR) status updates, and real-time train tracking

BeyondSquare raises $4 mn from Avant to expand financial reporting services

Bengaluru-based firm will use investment to improve its software platform and expand in global markets

Adani-led Sri Lanka container terminal to double capacity ahead of deadline

Once the final phase is complete, the terminal will have the capacity to handle 3.2 million containers annually

I-T dept conducts survey op against Marico Group over alleged tax evasion

The tax department teams are scrutinising financial documents and transactions of the company as part of a tax evasion probe

ICICI Bank gets ₹49 crore GST demand over alleged short payment of tax

The bank will take appropriate steps, including contesting the order through a further appeal within prescribed timelines

KPI Green Energy to raise $363 million from SBI, says CFO Salim Yahoo

The loan approval comes amid the Indian government's green energy push targeting 500 gigawatts of non-fossil capacity by 2030

Stuck in traffic, potholes: Startup exits Bengaluru's ORR after 9 years

'Nine years in Bellandur, but time to go': BlackBuck CEO blames bad roads and long commutes as company looks to move out of Bengaluru's ORR

Thales signs 11-year avionics maintenance support contract with IndiGo

Besides, its contract with IndiGo for fleet-wide Electronic Flight Bag rollout has been extended by another five years

Prosus NV doubles stake in Urban Company ahead of $1.8 billion IPO

The Amsterdam-based technology group now owns 7.35 per cent of Urban after adding about 4 per cent in the latest deal

Govt clears ships for Nayara fuel supply, dollar trade limits remain

The Directorate General of Shipping has approved four foreign-flagged ships being used for the coastal movement of fuel produced by Nayara