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Company Updates

High Court restrains HUL from passing off men’s skin care as ‘Glow & Handsome’ following Emami’s suit

In Short:The Calcutta High Court has ordered Hindustan Unilever to stop selling and marketing its men's skincare products under the name "Glow & Handsome"...

ReNew grows to over 10 GW in renewable energy capacity

In Short:ReNew has completed the construction of over 10 GW of renewable energy assets, with a revenue-generating capacity of 9.52 GW as of March...

SC denies Patanjali Ayurved & Baba Ramdev’s 2nd apology in contempt case

In Short:The Supreme Court rejected a second apology from Baba Ramdev, Patanjali Ayurved, and Acharya Balkrishna in a contempt case. The Court expressed concern...

Supreme Court relieves DMRC of ₹4,700-crore burden, criticizes own verdict against public utility

In Short:The Supreme Court criticized its own 2021 judgment upholding a ₹4,700-crore arbitral award in favor of DAMEPL against DMRC. The court found the...

Tesla discussing with Reliance to establish EV manufacturing unit in India

In Short:Tesla is looking for a partner to set up operations in India, with talks ongoing with Reliance Industries for a possible joint venture...

IndusInd Intl Holdings acquires 60% stake in Invesco’s Indian arm

In Short:IndusInd International Holdings, a company of the Hinduja Group, has acquired a 60% stake in Invesco Asset Management India. Invesco will hold the...

NCR drives 50% of Godrej Properties’ sales in FY24

In Short:Godrej Properties had a successful year in FY24, with half of their sales coming from NCR and 29% from MMR. Bookings of ₹22,500...

Maruti Suzuki’s Manesar plant expansion drives stock price to record high on NSE

In Short:Maruti Suzuki India Limited has increased its manufacturing capacity by adding a new assembly line at the Manesar plant, adding 100,000 units annually....

Diagnostic equipment market to approach $6 billion by 2027

In Short:The Indian medical diagnostic equipment industry is expected to grow to nearly $6 billion by 2027, with a 12% annual growth rate. The...

Piramal Alternatives invests ₹110 crore in Biodeal Pharmaceuticals, a contract manufacturer

In Short:Piramal Alternatives is investing ₹110 crore in Biodeal Pharmaceuticals Ltd, which manufactures nasal sprays for pharmaceutical companies. The investment aims to improve infrastructure,...

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