1. Alkem Health Science in quality lapse as CDSCO flags drug samples for failing to meet standards.
2. PB Fintech eyes entry into healthcare space with its own chain of hospitals; diversifies portfolio.
3. CDSCO flags Glenmark Pharmaceuticals over quality issues with batch of Telma H tablets which, the company said, was not manufactured by it.
4. PB Fintech is looking to enter healthcare through a standalone hospitals chain, diversifying.
5. Jaguar Land Rover invests £500 million in upgrading a factory to produce electric SUVs. It is part of an £18 billion five-year programme, starting next year.
6. Ola Electric commands 31% market share in India’s electric two-wheeler market, reporting the lowest loss margin among peers at 8.6%.
7. Zaggle Prepaid Ocean Services acquires 98.32% stake in Span Across IT Solutions and 26% stake in Mobileware Technologies for rs15.6 crore.
8. Tech Mahindra ties up with University of Auckland for enhancing research and innovation in AI, ML, and quantum computing.
9. Citi starts coverage on Trent Ltd. with ‘buy’ recommendation and a target price of ₹ 9,250 per share, which opens for an upside of nearly 21%.
10. KPI Green Energy secured the Letter of Award for a 66.20 MW hybrid power project, which will be completed by Julv 2025.
11. Macquarie expects HDFC Bank to lose steam in terms of loan growth going below 10% YoY in Q2 FY2025, rating it an Outperform at ₹1,900.
12. Titan’s SKINN Fragrances launches affordable line 24Seven, targeting 2.5 million customers by FY25.
13. Peak XV Partners and others to offload up to 20% stake in Five-Star Business Finance through block deal of around Rs 3,800 crore
14. CDSCO raises quality concerns over batch of Telma H tablets manufactured by Glenmark Pharmaceuticals, which the latter claims is a product of third parties that had hired its plants.
15. CDSCO flags batch of Pulmosil and Pantocid from Sun Pharmaceuticals for failing quality standards; company claims the batch was spurious.
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Source: Google Google News NSE BSE
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