Glenmark Pharmaceuticals, Granules India, Sun Pharma, Zydus and Unichem recall products on the American market for different production problems, according to the US Food and Drug Administration (USFDA). The drug makers voluntarily remind themselves that the affected lots on the American market remember, the American health ruler said in her last enforcement report. A subsidiary of Glenmark Pharmaceuticals from Mumbai, established in the US, calls on 13,824 Azelaic Acid gel tubes in the company’s Goa factory because of “CGMP abnormalities”, according to the market complaints about a horrible texture, the USFDA said.
Alkem Laboratories has informed the stock markets that it has concluded a business transfer agreement with its entire subsidiary, Alkem Wellness, which transmits its trading generation activities with effect from 1 October 2025.
Kothari Industrial Corporation LTD (KICL) said on Saturday that it signed a memorandum of agreement (MOU) with Italy-based Accademia IUAD (Institute of Universal Art and Design) to set up a Joint Venture Training Center in Tamil Nadu. Iuad, a renowned design university in Italy, will work with KICL to set up a training center of international standards, the company said in a statement.
Godawari Power & ISPAT LTD (GPIL) on Saturday said that it is conducting an internal investigation into six dead “in an incident” in his factory in Chhattisgarh. Four officials and two employees were killed in an accident in an oven in a private steel factory in Raipur, the capital of Chhattisgarh, on Friday, while six others, including a general manager, were injured according to the police.
Independent Sugar Corporation, a Madhvani Group company established in Uganda, has announced the completion of the acquisition of debt glass manufacturer Hindustan National Glass & Industries via the insolvency and bankruptcy code process. Hindustan National Glass & Industries Limited’s (HNGIL) New Compiled Council has registered the conclusion of this transition and released the road for Independent Sugar Corporation Limited (Insco) to take full control.
Azad Engineering has concluded a new long -term contract and price agreement with Mitsubishi Heavy Industries (MHI), Japan, with a value of $ 73.47 million (£ 651 crore). This deal is incrementally signed for a contract on November 3, 2024, which brings the combined value of contracts between the two companies to $ 156.36 million (£ 1,387 crore). The agreement will be implemented in five years.
Lemon Tree Hotels has announced major changes to top management. Patanjali Govind Keswani, co-founder and current director, will switch 18 months from 1 October 2025 to executive director and chairman. Kapil Sharma has been appointed as executive director and financial director.
Two promotional group Entities from VIP Industries have divested 6.22% on Friday in the maker of the luggage and travel accessories for £ 343 Crore through open market transactions. According to Bulk Deal data available on the BSE, Kiddy Plast LTD and Piramal Vibhuti Investments sold a total of 88.40 Lakh shares, which represents a 6.22% interest in the VIP industries in Mumbai. The shares were discharged in the price range of £ 388-388.25.
PG Electroplast LTD, via its entire subsidiary PG Technoplast PVT LTD, will set up a production facility with an investment of approximately £ 1,000 crore in Sri City, Tirupati. The company has acquired a 50 -hectare land package in SRI City to develop an integrated production campus.
Oil India has beaten natural gas in his Vijayapuram-2 exploratory well in the shallow offshore block of Andaman. Provisional tests confirmed the inflow, with further studies going on to assess the potential of the discovery.
Published on September 29, 2025
#Pharma #Stocks #Godavari #Power #Hindustan #National #Glass #Azad #Engg #Lemon #Tree #VIP #Industries #Electroplast #Oil #stay #spotlight #Monday #September