Zydus Lifesciences Ltd on Wednesday (May 27) said its Buyback Committee has approved an increase in the buyback price and a reduction in the number of equity shares to be repurchased under its ongoing buyback programme. The company said the buyback price has been increased from ₹1,150 per equity share to ₹1,260 per equity share….
Patanjali Foods said on Wednesday, May 26, it has received a demand notice for ₹1,352.9 crore for FY23. The demand comprises ₹676.46 crore each towards SGST and CGST, along with a penalty of ₹135.29 crore and interest at 18% on CGST and SGST. The company said it received the show-cause notice from the office of…
Akshat Mittal is the Chief Copy Editor at ET NOW with over 6 years of experience, specialising in Markets, Personal Finance, and General News. Before joining ET NOW, he worked with prominent media organisations and has reported on numerous major events firsthand. He has also conducted several high-profile interviews on topics such as the 8th…
Pharmaceutical company Zydus Lifesciences Ltd on Wednesday (May 27) said its wholly-owned subsidiary, Zydus Therapeutics, has received priority review designation from the US Food and Drug Administration (FDA) for the New Drug Application (NDA) of saroglitazar. The proposed indication is for the treatment of primary biliary cholangitis (PBC) in combination with ursodeoxycholic acid (UDCA) in…
Shares of Adani Group companies extended their rally on Wednesday, with several stocks hitting fresh 52-week highs, helping Adani Power overtake Infosys in market capitalisation rankings amid strong momentum in power and infrastructure counters. Adani Power climbed to the 11th spot among the most-valued BSE-listed companies with a market capitalisation of ₹4.77 lakh crore, surpassing…
Food delivery and quick commerce firm Swiggy Ltd on Wednesday (May 27) said its proposed amendments to the articles of association failed to secure the required shareholder approval after the special resolution received 72.36% votes in favour, falling short of the 75% threshold by 2.64%. “The special resolution for the Proposed Amendments received an overall…
Tata Elxsi has launched AnaTel, an AI-native software development platform for healthcare and medical technology companies, co-developed with OpenAna. The platform was unveiled at DeviceTalks Boston 2026 and is designed to support software development workflows in regulated medical device environments. According to the company, AnaTel integrates autonomous AI agents across the software delivery lifecycle, including…
Cigarette and tobacco product makers, Godfrey Phillips India Ltd, on Wednesday (May 27), said it has signed a contract manufacturing agreement with Polisetty Somasundaram Tobacco Products (India) Private for the manufacturing and delivery of cigarettes and other tobacco products. Under the agreement, Polisetty Somasundaram Tobacco Products will manufacture products exclusively for Godfrey Phillips at its…
Cummins India Dividend 2026: Cummins India Ltd today announced its earnings for the fourth quarter of the financial year 2025-26. The company also declared a 2,300 per cent dividend for its shareholders. Board of Cummins India approved a final dividend of Rs 46 for the financial year 2025-26. This is in addition to the interim…
Sarmeeli Mallick is a senior journalist with nearly a decade of experience in digital journalism. With a master’s degree in Journalism and Mass Communication from Utkal University, Bhubaneswar, she has a proven track record of impactful reporting, having filed over 19,000 news stories since beginning her career in May 2016. Her diverse background, rooted in…
