Pharmaceutical major Lupin Ltd on Friday (July 31) said it has received approval from the US Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Diazepam Injection USP, 10 mg/2 mL (5 mg/mL), single-dose prefilled syringes. The USFDA approved Lupin’s product as bioequivalent to the reference listed drug (RLD) Valium Injection…
Ram Ratna Wiresreported a 120.8% year-on-year (YoY) increase in consolidated profit after tax (PAT) for the quarter ended June 30, 2026, driven by strong revenue growth and improved operating performance. The company posted a net profit of ₹35.2 crore, compared with ₹15.9 crore in the corresponding quarter last year. Revenue from operations jumped 88.6% to…
Textile player Raymond Lifestyle Ltd on Friday (July 31) reported a net loss of ₹22.59 crore for the first quarter of FY27, compared with a net loss of ₹19.82 crore in the corresponding quarter last year, widening 13.98% year-on-year. On a sequential basis, the net loss narrowed 56.61%. Revenue from operations stood at ₹1,515.51 crore…
At the EGM, the shareholders also approved the resolutions to implement “Truly Yours” Employee Stock Option Plan (ESOP) for eligible employees of Zee and its subsidiaries. Zee Entertainment Enterprises Ltd (ZEEL) today, July 31, said its shareholders have approved the issuance of fully convertible warrants to a promoter group entity on a preferential basis, providing…
SEBI on Friday disposed of proceedings initiated against Religare Enterprises, its former Executive Chairperson Rashmi Saluja and five others over alleged non-cooperation during the Burman Group’s open offer, holding that no further directions were warranted as the takeover process was already completed. In its latest order, the markets regulator said the directions issued in the…
The IPO approval comes amid growing investor interest in auto component manufacturers, fuelled by strong demand across passenger vehicles, two-wheelers, commercial vehicles, and export markets. Furthermore, precision engineering players are also gaining attraction as OEMs increasingly favour suppliers offering scale, broad product lines, and robust manufacturing capabilities. Key listed peers for Kay Jay Forgings include…
It is not every day that a listed company informs stock exchanges that its Managing Director has survived a firing incident. GSM Foils Ltd., an SME-listed manufacturer based in Maharashtra’s Palghar district, told the National Stock Exchange on Friday that its Managing Director, Mohansingh Parmar, was injured in a firing incident in the Naikpada area…
State-run National Aluminium Company Ltd (NALCO) on Friday (July 31) reported a 90.87% year-on-year increase in net profit to ₹2,003.14 crore for the first quarter ended June 30, 2026, compared with ₹1,049.48 crore in the corresponding quarter of the previous financial year. Revenue from operations rose 39.28% year-on-year to ₹5,302.38 crore from ₹3,806.94 crore. On…
Sun Pharmaceutical Industriesbelieves it can sustain its gross margin above 80% even as pricing pressure persists in the US generics market, with the company betting that a growing mix of branded generics and specialty medicines will more than offset weakness in its traditional generics business. Speaking during the company’s June quarter earnings call, management said…
IndiGo will suspend its London Heathrow flights and end its damp lease agreement for six Boeing 787-9 aircraft with Norse Atlantic Airways later this year, becoming one of the latest airlines to scale back long-haul operations as geopolitical tensions, airspace restrictions and higher operating costs weigh on international aviation. The airline said on Friday that…
