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Cipla Changes: MK Hamied Resigns, Son Kamil Returns to Drugmaker

In Short:Cipla's Vice Chairman MK Hamied has resigned for health reasons, effective October 29, 2024. His son, Kamil Hamied, will return as a Non-Executive...

Ankur Capital Targets Tech-Driven Innovations in B2B Industry

In Short:Ankur Capital, an early-stage venture capital firm, is focusing on tech-driven solutions in B2B sectors, driven by digitisation and decarbonisation. Co-founder Ritu Verma...

Exhicon Set to Acquire 76% Stake in Perfect-Octave Limited

In Short:Exhicon Event Media Solutions plans to buy a 76% stake in Perfect-Octave Limited for ₹8.53 crore to boost its live events and corporate...

Mobile Launch Pad Launches Sounding Rocket RHUMI 1 Successfully

In Short:Space Zone India Pvt Ltd successfully launched its reusable sounding rocket, RHUMI 1, from a mobile pad near Tiruvadanthai, Tamil Nadu. Standing 3.5...

Larsen & Toubro Secures Major Infra Development Contract in Maharashtra

In Short:Larsen & Toubro (L&T) announced that it has received a large order for integrated infrastructure development in Maharashtra, valued between ₹2,500 crore to...

IIT Madras-Backed Plugzmart Gains ARAI Certification for Indian EV Charger

In Short:Plugzmart, an IIT Madras-incubated startup, has received certification from the Automotive Research Association of India for its 60kW DC Fast Charger. This certification...

Adani Group Claims Hindenburg Allegations Are Just a Red Herring

In Short:The Adani group has dismissed recent allegations from Hindenburg as false and manipulative, claiming they are based on misused public information for personal...

Delhi Court orders Bina Modi to recommend Samir Modi for Godfrey Phillips India board

In Short:In the ongoing Modi family feud, a Delhi Court told Bina Modi to recommend Samir Modi as a director at Godfrey Phillips India....

Swelect Energy boosts investments to become solar superstore

In Short:Swelect Energy Systems shareholders passed a resolution to increase borrowing powers from ₹400 crore to ₹750 crore for company expansion. Swelect is involved...

NTPC reports ₹5,506 crore net profit in Q1 FY25

In Short:NTPC, a state-run power company, reported a 12% increase in net profit to ₹5,506 crore in Q1 FY25. Total income rose by 13%...

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