New Delhi, March 31 Magnum Ice Cream Netherlands has completed the acquisition of a 61.9 per cent majority stake in Kwality Wall's (India) Ltd (KWIL), resulting in a change in the promoter classification."On March 30, 2026, the Incoming Promoter acquired the Sale Shares from the Outgoing...
New Delhi, March 25 Pharma major Lupin Ltd announced on Wednesday that it has received tentative approval from the US health regulator for its generic version of Pitolisant tablets, indicated for the treatment of excessive daytime sleepiness.The tentative approval from the US Food and Drug...
abbreviated new drug application
drug development
drug manufacturing
excessive daytime sleepiness
generic pharmaceuticals
healthcare
india
lupin ltd
nagpur
pharmaceutical approval
pharmaceutical industry
pitolisant
regulatoryfilings
tablet
us food and drug administration (usfda)
New Delhi, March 25 State-owned REC Ltd announced on Wednesday that its board has approved market borrowings of ₹1.6 lakh crore for the fiscal year 2026-27 at a meeting held on March 25.According to a regulatory filing, the market borrowings of ₹1,60,000 crore include raising up to ₹1,40,000...
New Delhi, March 19 State-owned SJVN Ltd announced on Thursday that it has appointed Parthajit De as its Director (Finance) for a five-year term, starting March 19, 2026.As a result of De's appointment, Sipan Kumar Garg ceases to hold the additional charge of the post of Director (Finance) and...
company board
corporate accounts
corporate tax
director
director finance
executive appointments
financial appointments
government
india
ministry of power
new delhi
nhpc ltd
parthajit de
regulatoryfilings
sjvn ltd
New Delhi, March 17 Financial services firm Navi announced its entry into the motor insurance segment on Tuesday with the launch of a fully digital, commission-free offering for cars and two-wheelers.The direct-to-customer product, available on the Navi app, eliminates intermediary commissions...
brand ambassador
car insurance
city union bank
commission-free insurance
digital insurance
electric vehicles
ev insurance
financial services
insurance
insurance partnerships
motor insurance
navi
ravindra jadeja
regulatoryfilings
two-wheeler insurance
New Delhi, March 17 State-owned Power Finance Corporation announced on Tuesday that its board has approved the fourth interim dividend of Rs 3.25 per equity share with a face value of Rs 10 each for the fiscal year 2025-26.March 23, 2026, will be the record date for determining the eligibility...
New Delhi, March 16 Tata Motors announced on Monday that it will increase the prices of its commercial vehicle range by up to 1.5 per cent from April 1.The price increase is being implemented to partially offset the impact of rising commodity prices and other input costs, the company said in a...
New Delhi, March 13 State-owned MTNL has failed to deposit interest on sovereign guarantee bonds in the escrow account due on March 24 this year, the company said in a regulatory filing on Friday.According to the structured payment mechanism of the Tri-Partite Agreement (TPA) signed among...
bank of india
debt obligations
debt trusteeship
department of telecommunications
escrow account
financial guarantees
government of india
india
interest payments
mtnl
regulatoryfilings
sovereign guarantee bonds
state-owned enterprises
telecom sector
tri-partite agreement
New Delhi, March 12 Aurobindo Pharma announced on Thursday that it has received an inspection report from the US health regulator, classifying its wholly-owned subsidiary's manufacturing unit in Andhra Pradesh as having a "Voluntary Action Indicated" (VAI) classification, which indicates...
New Delhi, March 12 Akzo Nobel India, a manufacturer of paints and coatings, in which JSW Paints has acquired a majority stake, has received approval from the Ministry of Corporate Affairs (MCA) to change its name to JSW Dulux.According to a regulatory filing from the company, the ministry has...
akzo nobel india
coatings
company law
corporate affairs ministry
dulux
india
jsw group
jsw paints
mergers and acquisitions
name change
paints
regulatoryfilings
share acquisition
New Delhi, March 10 IDFC First Bank announced on Tuesday that it has settled fraud claims at a Chandigarh branch for ₹645 crore and has found no further discrepancies.Private sector IDFC First Bank had last month disclosed a ₹590 crore fraud committed by certain employees and others at a...
New Delhi, March 9 Torrent Power announced on Monday that it has raised Rs 2,000 crore through the issuance of non-convertible debentures (NCDs) through a private placement.The company issued 200,000 NCDs of Rs 1 lakh each, totaling Rs 2,000 crore, as stated in a regulatory filing.The...
capital raising
corporate finance
debt financing
financials
india
ncds
new delhi
non-convertible debentures
private placement
regulatoryfilings
secured debentures
torrent power
New Delhi, February 27 Glenmark Pharmaceuticals announced on Friday that its US-based unit is preparing to introduce a generic sodium phosphate injection in the American market.The Mumbai-based pharmaceutical company stated that its product is therapeutically equivalent to Hosira Inc.'s...
Kolkata, February 26 The Reserve Bank of India has approved a proposal by SBI Mutual Fund to acquire an aggregate holding of up to 9.99 per cent in Bandhan Bank, according to a regulatory filing on Thursday.Bandhan Bank informed stock exchanges that the RBI, through a letter dated February 25...
bandhan bank
banking regulation act
equity investments
financial regulations
foreign exchange management act
nse
rbi (commercial banks acquisition)
regulatoryfilings
reserve bank of india
sbi mutual fund
securities and exchange board of india
share acquisition
shareholding limits
stock exchange
New Delhi, February 25 NBFC firm Credent Global Finance announced on Wednesday that it has raised ₹30 crore through a Qualified Institutional Placement (QIP) to fund business growth.Institutional investors participated in the QIP, further strengthening investor confidence in Credent's evolving...
Mumbai, February 22 IDFC First Bank disclosed on Sunday that its employees and others had committed a fraud of Rs 590 crore involving accounts held by the Haryana government with the private sector lender.In a regulatory filing made in the early hours, IDFC First Bank said it had informed the...
account reconciliation
bank fraud
banking regulation
chandigarh branch
current accounts
financial crime
forensic audit
fraud
haryana government
idfc first bank
internal review
regulatoryfilings
savings accounts
shareholder value
suspension of employees
New Delhi, February 14 Anupam Rasayan India reported a 12 per cent increase in consolidated net profit to Rs 61 crore for the third quarter of the 2025-26 fiscal, driven by higher sales.The company had reported a net profit of Rs 54.21 crore in the same quarter of the previous fiscal...
acquisition
anand desai
anupam rasayan india
chemicals
custom synthesis
financial results
fiscal 2025-26
india
jayhawk fine chemicals corporation
net profit
north america
quarterly earnings
regulatoryfilings
revenue growth
sales
New Delhi, February 13 MUFG has proposed appointing two directors on the Shriram Finance board as nominees of the investor, following the Japanese bank's acquisition of a 20 per cent stake.Morihiko Fuji and Shinichi Fujinami would be appointed to the board to meet the applicable "fit and...