Tata Energy Renewable Power, subsidiary of Tata Energy, has signed a Memorandum of Understanding with the distribution corporations (Discoms) of Rajasthan, together with Jaipur Vidyut Vitran Nigam, Ajmer Vidyut Vitran Nigam, and Jodhpur Vidyut Vitran Nigam, to speed up rooftop photo voltaic adoption throughout Rajasthan.
Hero MotoCorp has knowledgeable the exchanges that its board has accepted the appointment of Vikram Kasbekar, Government Director, because the performing Chief Government Officer (CEO) of the corporate, efficient Could 1, 2025. Niranjan Gupta will step down because the CEO efficient April 30, 2025, to pursue different alternatives. “Since becoming a member of Hero in 2017, Niranjan has strengthened our monetary resilience, cast world alliances and laid the inspiration for the Home of Technique that defines our future progress journey. His management has been pivotal in steering the corporate in direction of new frontiers,” Pawan Munjal, Government Chairman, Hero MotoCorp, mentioned.
Three entities, together with two promoters of Onesource Specialty Pharma, on Friday divested a 6.8 per cent stake within the firm for Rs 1,202 crore by means of open market transactions. Tenshi Prescribed drugs (Promoter) and Pronomz Ventures LLP (Promoter Group) and Medella Holdings Pte Ltd have offloaded 77.66 lakh shares or 6.8 per cent stake in Bengaluru-based Onesource Specialty Pharma, as per the majority deal knowledge out there on the NSE. The shares had been disposed of within the value vary of ₹1,545-1,552.90 apiece, taking the mixed worth to ₹1,202.23 crore.
CL Educate on Friday mentioned it has acquired the Digital Examination Evaluation (DEX) enterprise of NSEIT, a step-down subsidiary of the Nationwide Inventory Change of India (NSE). This acquisition strengthens CL Educate’s place within the fast-growing assessments market, valued at round ₹7,000 crore in India and projected to develop at a CAGR of 12 per cent, reaching ₹13,500 crore by 2028, the corporate mentioned in a press release.
CuraTeQ Biologics s.r.o., subsidiary of Aurobindo Pharma, has acquired a optimistic opinion from the Committee for Medicinal Merchandise for Human Use (CHMP) inside the European Medicines Company (EMA) for Dyrupeg, recommending the granting of selling authorisation. The CHMP’s optimistic opinion is predicted to translate into a proper choice of approval by the European Fee in April 2025. Dyrupeg is used to scale back the period of neutropenia and the incidence of febrile neutropenia in grownup sufferers handled with cytotoxic chemotherapy for malignancy.
Waaree Energies knowledgeable the exchanges that its subsidiary, Waaree Clear Power Options, has acquired a Notification of Award from the Photo voltaic Power Company of India for organising a manufacturing facility of 90,000 MT every year for inexperienced hydrogen in India.
KPI Inexperienced Power and its wholly-owned subsidiary, KPIG Energia, have developed and commissioned a complete of 40.16 MW of renewable energy initiatives forclients beneath the captive energy producer section.
Nestle India has added a brand new KitKat manufacturing line at its Sanand manufacturing facility in Gujarat. The ₹1,100 crore funding within the facility is a part of the corporate’s ₹5,800 crore capital expenditure in greenfield and brownfield initiatives between 2020-2025, to extend general capacities to satisfy future demand. The corporate additionally manufactures KitKat at its Ponda manufacturing facility in Goa.
