Page 36 - Company News

Alembic Pharmaceuticals gets USFDA nod for generic eye treatment drug

The approval granted by USFDA is for the Abbreviated New Drug Application (ANDA) Difluprednate ophthalmic emulsion of strength 0.05 per cent

DLF yet to recognise over ₹55,000 crore revenue from sales booked till Q3

The revenue gets recognised after the completion of construction of projects or on the basis of percentage of completion method

Adani Group, Embraer partner to set up regional aircraft assembly in India

Adani Defence & Aerospace Director Jeet Adani said with the Embraer collaboration, a regional aircraft manufacturing facility will be set up in India

HPCL seeks Venezuelan crude to boost heavy oil processing at refineries

HPCL hopes to start crude processing at its 180,000 bpd Barmer refinery in Rajasthan by the end of January, making it India's 2nd -largest state-run refiner, behind Indian ‌Oil Corp

China halts import, sale of Sun Pharma's Alzheimer's drug after inspection

In 2024, the ​USFDA issued a warning letter to Sun Pharma alleging 'significant violations' of 'current good manufacturing practice' ‍regulations for pharma made at the same production site in India

SaaS major Zoho launches ERP platform to tap SME market in India

SaaS firm Zoho has unveiled new ERP platform for small and mid-sized enterprises, aiming to tackle high costs, long rollouts and consultant dependence that have slowed adoption among Indian businesses

PropEquity parent firm ties up with Cambridge for real estate school

PropEquity parent PE Analytics will partner with the University of Cambridge to set up India's first real estate school in Gurugram, with academic operations planned for 2027

Shriram Finance to redraw biz plan in FY27; to focus on new vehicles

Shriram Finance is set to revamp its strategy, focus on new vehicle financing and boost growth as Japan's MUFG completes a $4.4 billion investment

Marico to buy majority stake in popcorn brand 4700BC from PVR Inox

All-cash deal to be worth ₹226.8 crore

With GenAI, billing models more outcome-based: TP India head Maneesh Daga

Teleperformance India says AI is driving a shift from low-end bpo work to outcome-based, higher-value services, reshaping billing models, productivity and hiring strategies

Waaree Renewable to buy 55% in Associated Power Structures for ₹1,225 crore

In September last year, Waaree Energies, the holding company of WRTL, acquired a 64 per cent stake in transformer company Kotsons through a primary capital infusion of Rs 192 crore

HPCL bets big on renewables and biofuels to meet 2040 net-zero target

HPCL's capex spending includes 15% for gas projects, 8% for renewables, 4 per cent for biofuels, 3% for electric vehicle (EV) or alternate fuels and 6% for net zero projects

ToneTag bets sound waves will power next generation of digital payments

Bengaluru-based ToneTag processes over $3 billion a month using sound wave technology, enabling secure, cardless payments in India and emerging markets while expanding globally

Pine Labs partners with UAE-based Wio Bank for tech infrastructure

Apart from the UAE, Pine Labs currently offers Credit+ in India, Sri Lanka, the Middle East, Africa and Southeast Asia

India-EU FTA duty cuts could boost luxury car market, says BMW India

The domestic luxury car segment accounts for just 1 per cent of the overall passenger vehicle segment

PropEquity teams up with Cambridge to set up real estate school in India

In a statement on Monday, P E Analytics said the partnership with the Department of Land Economy at University of Cambridge would facilitate establishment of a real estate school in India

Boeing says strong demand for Dreamliner in India, expects more orders

Speaking on tariff-related issues between India and the US, Gupte said both countries share a common goal of building up India's aerospace manufacturing ecosystem

PVR Inox sells premium snack brand 4700BC to Marico for ₹226.8 crore

PVR Inox is monetising its non-core assets as ongoing strategic review by the leading cinema exhibitor to strengthen the balance sheet and reallocating resources towards its core business

Sun Pharma, Cipla recall products in US over manufacturing issues: USFDA

The US Food and Drug Administration (USFDA) noted that the company is also recalling certain batches of a medication to treat acne vulgaris

Too early to say small car demand will sustain GST cuts: Ceat MD & CEO

In 2025, SUVs continued strong traction going up to 55.8 per cent of total PVs sold in India from 53.8 per cent in 2024, even as small cars showed signs of recovery in GST 2.0 era