Alembic Pharmaceuticals has received the final approval of the US Food & Drug Administration (USFDA) for the short new medicine application (Anda) Tretinoin cream USP, 0.025%. The approved Anda is therapeutic equivalent to the reference-making drug product (RLD), Retin-a cream, 0.025%, from Bausch Health US, LLC. Tretinoin cream is indicated for current application in the treatment of acne vulgaris. Consult the label for a detailed indication.
Aurobindo Pharma expects his Chinese facility to break even in the third quarter of the current financial year, according to his CFO Santhanam Subramanian. The drug maker, based in Hyderabad, started his activities in the facility in the last week of November 2024 and is now increasing production. “This facility with an initial capacity of 2 billion units Plus is as expected and will contribute to income in the coming quarters and is expected to even be on the EBITDA (profit before interest, taxes, depreciation and amortization) level by Q3 FY26,” Subramanian said in an analyst call. He noted that around $ 145 million was invested in the facility, which started production and invoicing in Q4 FY25 and Q1 FY26 respectively.
EMS, a Waste Management Company, has received an acceptance letter (LOA) worth RS 104.06 Crore (excluding GST) from Up Jal Nigam (Urban). The order must be carried out within 24 months.
Lemon Tree Hotels Ltd has informed the stock exchange that TS subsidiary company, Fleur Hotels Ltd, received a letter of A Government from the Delhi Development Authority on 14 August, after he has voted the successful bidder for the licensing rights of a Prime 2,256-Acre land package in Nehru Place, New Delhi.
KEC International LTD has won new orders worth £ 1,402 crore about his most important business verticals such as transmission and distribution (T&D), civil and cables and conductors
Southern Petrochemical Industries Corporation LTD (SPIC) plans to set up a green ammonia export facility in Thoothukudi, Tamil Nadu. SPIC -President Ashwin C Muthiah has recently conducted discussions with Susanta Kumar Purohit, chairman, VO Chidambaranar Port Authority, about setting up the facility and improving berth facilities to treat 4.5 million tonnes for green ammonia in the near future. Purohit also shared upcoming portup grades such as dredging of Kanaal and Binnenhaven to process 15.50 m towing ships, the construction of Berth-10 for handling bulk freight and the conversion of Berth-7 into a multi-cargo facility.
MTNL said on Thursday that it did not reimburse again to repay the payment of bonds on 24 August. The telecom company of the State did not announce the amount. MTNL in a regulatory submission that must be his fourth half -yearly importance of 7.61 percent MTNL Bond Series VIIIB on 24 August.
The National Company Law Tribunal submitted the revised resolution plan of RS 2,250 Crore on Friday by Independent Sugar Corporation LTD (InSCO) based in Uganda for the acquisition of debtor-fored Hindustan National Glass & Industries Ltd. With this order, the insolvency struggle over the leading glass bottle manufacturer moves in the implementation of the Intrection, with the setting phase of the Revival Process.
Weaver Services Private Limited (Weaver) has announced the successful completion of its 100% acquisition of Capital India Home Loans Limited (CIHL), a subsidiary of Capital India Finance Limited, after receiving all necessary approvals. This is an important milestone in Weaver’s mission to build one of the next generation, technically driven affordable home financing company. The Crore transaction of £ 267 was financed by equity of Premji Invest, Gaja Capital and a group of prominent individual investors.
Somany Ceramics has received communication from Gail (India) LTD stating that a gas leakage incident took place at Chainage 17 km Gail’s Gauna-Bawana pipeline due to heavy rainfall and flooding conditions. This has resulted in the temporary stopping of the gas supply at his Kassar factory. The production activities of the company in the factory depend on the uninterrupted supply of natural gas from Gail. Due to the current disruption, production in the factory has stopped temporarily.
The board of JK Cement has approved a green field extension of a new cement line of 7 million tons per year (MTPA). The vowel unit of 4 MTPA and cement grinding of 3 MTPA in Jaisalmer, Rajasthan and two split shares each of 2 MTPA in Rajastian and in Punjab. The total proposed investment for the expansion is estimated at RS 4,805 Crore.
MRC Agrotech has carried out a memorandum of agreement (MOU) with Vedictree Agro Dairy Products for the exclusive distribution, marketing and sale of bio-fictilizer produced by Vedictree, on a principle-to-principal basis. This scheme is expected to strengthen the company’s product portfolio and expand its market range in the Agri inputs segment.
PNC Infratech has received an Award (LOA) from NHPC for setting up 300 MW ISTS (Inter State Transmission System) connected solar energy project with 150 MW/600MWH Energy Storage Systems (ESS). The company was one of the L1 providers and secure the project through rate -based competing bids (BCB) and based on electronic (online) reverse action mechanism. The rate for the aforementioned project is RS 3.13 per kWh.
The Board of Brightcom Group has approved for the formation of a new division – Brightcom Defense to use the fast -growing markets for space information and autonomous defense solutions. Goal options include AI-driven UAV flight systems, real-time threat detection and coordinated drone swarming activities, cyber security of the air platform and simulation engines with high-fidelity missions. Delivery Company’s Deep expertise in AI, Machine Learning and Real-Time Data Processing, this new division wants to collaborate with governments, global defense innovators and allowed technology partners. In addition, to coordinate operational and financial reporting to functional areas, the company will restructure in four primary divisions that include advertisements
Published on August 18, 2025
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