NHC Foods Limited, one of India’s prominent exporters of agricultural commodities, has reported a remarkable 391% surge in net profit for the quarter ended June 30, 2024. This phenomenal growth in profitability has prompted the company to announce a Rights Issue aimed at raising capital for expansion and loan repayment. With its sights set on […]
Ola Electric, India’s largest electric vehicle (EV) manufacturer, has unveiled its biggest-ever sale for the festive season—aptly named the ‘BOSS’ (Biggest Ola Season Sale). In a move aimed at accelerating electric vehicle adoption across the country, the company is offering its S1 electric scooter at an entry price of just ₹49,999. This unprecedented offer has […]
Man Infraconstruction Limited (MICL Group) is gearing up for the grand unveiling of its highly anticipated, ultra-luxurious Vile Parle residential project. This comes after the company recently secured the critical Commencement Certificate (CC), marking a significant milestone in the project’s development. The new Vile Parle project is set to redefine luxury living in Mumbai, offering […]
In a striking achievement, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, reported a staggering 637,050 units sold in September 2024. This exceptional performance, driven by increased demand across the company’s various product segments, reflects a 10% year-on-year growth, positioning Hero MotoCorp for a robust festive season. With a notable 30% growth in […]
Alembic Pharmaceuticals Limited has achieved a major milestone in the pharmaceutical industry. On September 27, 2024, the company proudly announced that it received final approval from the United States Food and Drug Administration (USFDA) for its Paliperidone Extended-Release Tablets in strengths of 1.5 mg, 3 mg, 6 mg, and 9 mg. This approval marks a […]
In a bold move that is set to redefine electric vehicle (EV) ownership, Ola Electric has unveiled its groundbreaking #HyperService campaign. This ambitious initiative aims to double the company’s service network from the current 500 centers to a staggering 1,000 by December 2024, ensuring unparalleled access to EV services across India. With EV ownership surging […]
Vodafone Idea Limited has closed a $3.6 billion deal with global network providers Nokia, Ericsson, and Samsung. The agreement represents the largest capital expenditure commitment by the telecom giant, paving the way for network upgrades and expansion across India. This deal is the first phase of Vodafone Idea’s broader $6.6 billion investment aimed at expanding […]
Tata Steel has made a significant leap in India’s steel industry by commissioning the country’s largest blast furnace at its Kalinganagar facility in Odisha. With an investment of ₹27,000 crore, this project is set to ramp up the site’s crude steel capacity from 3 million tonnes per annum (MTPA) to a staggering 8 MTPA, solidifying […]
Wockhardt Limited announced that its investigational drug Zaynich (Zidebactam/Cefepime) has successfully treated a complex case of bacterial meningitis caused by a pan-drug-resistant superbug under compassionate use. This breakthrough marks another instance where the novel antibiotic has proven its efficacy against critical infections, particularly those caused by multi-drug-resistant bacteria. The patient, a 64-year-old man with Type […]
In a significant step towards sustainability, Castrol India Limited, a leading player in the lubricant industry, announced that its high-density polyethylene (HDPE) bottles will now contain 50% recycled plastic. This initiative, launched on 18 September 2024, marks an essential move towards achieving the company’s broader environmental goals, aiming to incorporate 2,600 metric tonnes of recycled […]