Page 257 - Company News
Alembic Pharma gets USFDA nod for generic cancer treatment injection
The approval for the abbreviated new drug application is for Doxorubicin Hydrochloride Liposome injection of strengths 20 mg/10 mL and 50 mg/25 mL single-dose vials
 "Alembic Pharma gets USFDA nod for generic cancer treatment injection")
Jindal Steel commissions first continuous galvanising line in Odisha
The new line will produce galvanised and galvalume products, catering to various industries, including appliances, automotive, infrastructure, and construction
 "Jindal Steel commissions first continuous galvanising line in Odisha")
Meta AI talent raid: OpenAI promises to reward employees after 8 poached
'It feels like someone's broken into our home', OpenAI mentions after Meta intensifying effort to recruit AI talent poaching from it
 "Meta AI talent raid: OpenAI promises to reward employees after 8 poached")
Mahindra Lifespace buys 9-acre land parcel in Bengaluru for ₹199 crore
The company has acquired Shreyas Stones Pvt Ltd, which owns 8.79-acre land parcel in Bengaluru
 "Mahindra Lifespace buys 9-acre land parcel in Bengaluru for ₹199 crore")
Godrej Properties buys 43-acre land in Panipat, aims ₹1,250 cr revenue
This will be the company's first project in Panipat and fourth residential plotted township in North India
 "Godrej Properties buys 43-acre land in Panipat, aims ₹1,250 cr revenue")
SatSure, Dhruva Space sign MoU to deliver end-to-end space-based solutions
The strategic partnership aims to combine Earth Observation analytics with satellite platform capabilities to serve strategic and commercial users with high-reliability Indian tech
 "SatSure, Dhruva Space sign MoU to deliver end-to-end space-based solutions")
Adani Green becomes first Indian firm to cross 15 GW renewable capacity
Adani Green Energy is currently developing what could be the world's largest renewable energy plant and aims to reach 50 GW of installed renewable energy capacity by 2030
 "Adani Green becomes first Indian firm to cross 15 GW renewable capacity")
Anant Ambani to get ₹10-20 cr salary as executive director of Reliance
Reliance in a stock exchange notice on Sunday said shareholder approval for the appointment has been sought through a postal ballot
 "Anant Ambani to get ₹10-20 cr salary as executive director of Reliance")
Karnataka Bank's MD, ED resign; bank forms panel to find replacements
Following the departure of the MD&CEO and ED, the bank has formed a search committee to identify suitable candidates for both roles
 "Karnataka Bank's MD, ED resign; bank forms panel to find replacements")
The times, they are a-changing: Anand Mahindra flags geopolitical flux
Mahindra likens global flux to Samudra Manthan and urges Indian industry to embrace innovation, invest in manufacturing, and act swiftly to capture supply chain realignment
 "The times, they are a-changing: Anand Mahindra flags geopolitical flux")
Reliance Jio on path to become dominant FWA player globally: Analysts
According to recent data released by telecom regulator Trai, Reliance Jio total 5G FWA subscriber base (including unlicensed band radio) reached 6.88 million in May
 "Reliance Jio on path to become dominant FWA player globally: Analysts")
Reliance Power participates in global bids for 1,500-MW energy project
The company has recently secured two mega power projects in Bhutan - a 500-MW solar project and a 770-MW hydropower project
 "Reliance Power participates in global bids for 1,500-MW energy project")
RBL Bank eyes wider margin from retail, CV finance rollout in 3 months
As part of the same strategy, the private sector lender will launch a commercial vehicle (CV) financing and used 4-wheeler finance in the next three months
 "RBL Bank eyes wider margin from retail, CV finance rollout in 3 months")
Tata Steel gets show cause notice worth ₹1,007 cr over input tax credit
Tata Steel receives ₹1,007 crore GST notice for alleged input tax credit irregularities from FY19 to FY23; company says ₹514 crore already paid
 "Tata Steel gets show cause notice worth ₹1,007 cr over input tax credit")
Zomato founder Deepinder Goyal eyes aviation segment with LAT Aerospace
Goyal's bet on the aviation venture could redefine regional air travel in India which is at a nascent stage, as uncertainty remains over regulatory clearance
 "Zomato founder Deepinder Goyal eyes aviation segment with LAT Aerospace")
Slice SFB aiming to close FY26 in black, not looking to raise any capital
The current focus is to build a pan-India business using the low-cost digital channels, and the entity is not interested in any more mergers
 "Slice SFB aiming to close FY26 in black, not looking to raise any capital")
Signature Global to invest ₹2,200 cr on new housing project in Gurugram
The company has recently launched a premium residential project, 'Cloverdale', comprising 770 apartments, on Southern Peripheral Road (SPR), Sector 71, Gurugram
 "Signature Global to invest ₹2,200 cr on new housing project in Gurugram")
Glenwalk maker Cartel & Bros to expand into six Indian cities by 2025
Actor Sanjay Dutt-backed Cartel & Bros aims to sell 350,000 cases by FY26, with Glenwalk set to enter six Indian cities and five new global markets by year-end
 "Glenwalk maker Cartel & Bros to expand into six Indian cities by 2025")
Russia's Rosneft in early talks with Reliance to sell stake in Indian unit
But the talks are at preliminary stage and there is no guarantee that they may lead to a definite deal as valuation remains a sticky ground
 "Russia's Rosneft in early talks with Reliance to sell stake in Indian unit")
Escorts Kubota eyes No 2 spot in Indian tractor market with new launches
These products are for domestic as well as international markets and for different applications, and also for the construction business as well
 "Escorts Kubota eyes No 2 spot in Indian tractor market with new launches")