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Company Updates

Durlax’s ₹40.80 crore IPO oversubscribed by over 161 times

In Short:Durlax Top Surface's IPO of ₹40.80 crore has been oversubscribed by 161 times, with bids for 87 crore shares against 60 lakh shares...

Beyond Key opens new Pune office for expanded operations

In Short:Beyond Key recently opened a new office in Pune, highlighting their commitment to growth and innovation. The state-of-the-art facility offers a range of...

TVS Motor partners with CSC Grameen eStores to sell 3Ws

In Short:TVS Motor Company has partnered with CSC Grameen eStores to sell their three-wheelers. Village Level Entrepreneurs (VLEs) will act as touchpoints for TVS...

Cipla and Sun Pharma sign agreement with Takeda on acid reflux drug

In Short:The drug companies Cipla and Sun Pharma have signed agreements with Takeda to sell a new drug called Vonoprazan in India. This drug...

Amara Raja boosts stake in InoBat with €20 million investment

In Short:Battery manufacturer Amara Raja Energy & Mobility has invested 20 million euros in InoBat AS, now owning around 9.32% stake. InoBat specializes in...

Exports of diesel and petrol increase in May due to refinery production and surplus fuel stocks

In Short:In May, India's diesel and petrol exports increased due to higher refinery runs, growing inventories, and competition in the European market. Diesel exports...

Sun Pharma cautioned by USFDA for Dadra unit

In Short:Sun Pharmaceuticals has received a warning letter from the FDA for its Dadra facility due to violations of manufacturing regulations. The contents of...

INS and IAMAI challenge self-declaration certificate directive for ads in court

In Short:Industry bodies like INS and IAMAI are concerned about the new ad regulations. While some advertisers are following the rules, others are waiting....

Proxy firm urges Raymond investors to vote against Gautam Singhania’s re-election as CMD

In Short:Proxy advisory firm, Institutional Investor Advisory Services, is advising Raymond shareholders to vote against Gautam Singhania's re-election as Chairman and Managing Director. The...

The Pant Project secures $4.25M in series-A funding from Sorin Investments as D2C fashion brand

In Short:The Pant Project, a D2C fashion brand, recently secured $4.25 million in Series A funding led by Sorin Investments, with participation from other...

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