Page 3 - Bajaj

Bajaj Healthcare completes USFDA pre-approval inspection of Vadodara plant

Bajaj Healthcare Ltd on Friday said it has successfully completed the US health regulator's pre-approval inspection of its active pharmaceutical ingredients facility located at Vadodara in Gujarat. The US Food and Drug Administration (USFDA) had conducted a pre-approval inspection of the facility from November 14, 2022, to November 17, 2022, Bajaj Healthcare Ltd (BHL) said in a regulatory filing. The pre-approval inspection of USFDA has completed successfully with zero Form 483 observations of the manufacturing facility, said the company, which is a manufacturer of APIs (active pharmaceutical ingredients), intermediates and formulations. Form 483 is issued to a firm's management at the conclusion of an inspection when the investigator observes any conditions that may constitute violations of the Food Drug and Cosmetic (FD&C) Act and related Acts.

Bajaj Finserv Q1 net jumps 57% to Rs 1,309 cr; total income rises 14%

Bajaj Finserv on Thursday reported a 57 per cent jump in net profit at Rs 1,309 crore in the first quarter ended June 30, on healthy earnings by its subsidiary companies.

Bajaj Finance's first-quarter net profit surges 159% y-o-y to Rs 2,596 cr

Shares of the company closed at Rs 6,393.75 - up 2.14 per cent from the previous days' close

Bajaj Auto Q1 results: How was company's performance in last four quarters

In Q4FY22, Bajaj Auto recorded a net profit of Rs 1,468.95 crore, up over 250 crores from the Q3FY22

Bajaj Healthcare forays into highly-regulated opiate processing business

Bajaj Healthcare said it has received two orders from the central government to produce active pharmaceutical ingredients (API) from poppy capsules and other derivatives on an annual basis

E-commerce giants offer tech-friendly policies to woo offline sellers

They are offering new-age tech based products such as AI-led cataloguing, coupled with easy settlements and attractive platform fees that enable ease of doing business

Electric vehicles brace for trial by fire as firms remain optimistic

Between January-June, the eight players registered collectively a total of 212,000 electric scooters

Will cross $1-bn revenue run rate by year-end, predicts Ola Electric

The SoftBank-backed electric vehicle firm said it has surpassed Rs 500 crore revenue in its first two months of FY 22-23, and is on track to surpass the $1 billion revenue run rate by end of this year

SC seeks Rs 200 cr from Bajaj Allianz as compensation for farmers crop loss

The Supreme Court's notice said if Bajaj Allianz does not deposit the amount the stay will be vacated

Bajaj Consumer Care net profit falls 34.5% to Rs 35.82 crore in Q4

The company had reported a net profit of Rs 54.67 crore in the January-March quarter a year ago, Bajaj Consumer Care, a part of the Bajaj Group of Companies, said in a regulatory filing

Bajaj Auto shares decline over 2% to Rs 3,804.80 on BSE after Q4 earnings

At the NSE, the stock dipped 2.57 per cent to Rs 3,805 apiece

Bajaj Electricals to demerge its power transmission & distribution business

Bajaj Electricals Ltd would demerge its power transmission and distribution (T&D) business into a separate company in a move to create a sector-focused firm and streamline the management structure. The board of Shekhar Bajaj-led company on Tuesday approved the scheme of arrangement between Bajaj Electricals (the demerged company) and Bajel Projects Ltd (the resulting company) subject to the approval of shareholders, said a regulatory filing. As per the scheme, 1 equity share of face value of Rs 2 each fully paid-up of Bajel Projects will be issued for every 1 equity share of face value Rs 2 each fully paid-up held by equity shareholders of Bajaj Electricals, it added. "The equity shares of the resulting company shall be listed on BSE and NSE, post the effectiveness of the scheme. The shareholders of the company will be issued equity shares in the resulting company in the same proportion as their holding in the company," it said. The segregation will enable both the companies to ...

Bajaj Electricals net profit down 51% at Rs 48.17 cr in December quarter

Bajaj Electricals Ltd on Tuesday reported a decline of 50.94 per cent in its consolidated net profit to Rs 48.17 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 98.19 crore in the October-December quarter of the previous fiscal, Bajaj Electricals said in a regulatory filing. Its total revenue from operations was down 12.02 per cent to Rs 1,319.81 crore during the quarter under review as against Rs 1,500.14 crore in the corresponding period of the previous fiscal. Bajaj Electricals' total expenses were at Rs 1,261.50 crore, down 9.16 per cent in Q3/FY 2021-22, as against Rs 1,388.80 crore in the year-ago period. Bajaj Electricals Chairman and Managing Director Shekhar Bajaj said: "This quarter has continued to witness the impact of increased commodity costs coupled with subdued demand scenario, leading to a deferral of price hikes for our Consumer Products business." "While there is a dip in YoY performance over the previous Q3 (which had

Bajaj Electricals board approves review of corporate structure

The company said it would explore a full range of options and alternatives, including demerger, subsidiarisation and strategic partnerships

Bajaj Healthcare seeks compulsory licence for Covid-19 drug Baricitinib

Eli Lilly has granted voluntary license to 6 Indian drugmakers for Baricitinib

Amul brings nostalgia back in ads to stay relevant amid Covid-19 lockdown

Leaning in on nostalgia and its long-standing relationship with customers, the legacy brand strives to be seen and heard amidst a lockdown

Auto Expo 2020: Digital tilts the wheel as marquee brands plan to skip

Even as big auto brands plan to skip the 2020 Auto Expo, as many did two years ago, Chinese carmakers are stepping in to claim their spot

The Bajaj scooter that took me places, and why Bajaj continues to be super

The Bajaj Super could not be called a pretty scooter, but it was sturdy and reliable

Letter to BS: Kudos to Bajaj for launching an e-scooter ahead of schedule

We all know that the first mover advantage is a huge advantage to have for any manufacturer

Bajaj Chetak makes a comeback in electric avatar, to be available from Jan

The e-scooter was unveiled by Transport minister Nitin Gadkari in presence of Niti Aayog CEO Amitabh Kant and Bajaj Auto Managing Director Rajiv Bajaj