Three pharmaceutical companies – #Glenmark, #SunPharma, and #Zydus – are recalling products in the US over compliance concerns. According to the FDA, this Class II recall suggests the use of the affected products could lead to temporary health issues. #pharmaceutical
#DixonTechnologies India and Netherlands-based Signify are partnering up for a 50:50 joint venture in India! 💡 They'll be manufacturing lighting products and accessories. #India#Business
Bank of India declares Rolta India's Rs 616 crore NPA as fraud. The bank has fully provisioned the amount. Rolta, an IT solutions provider, is already under bankruptcy. #BankingFraud#India#RoltaIndia
LIC is reportedly set to acquire a 40-49% stake in ManipalCigna Health Insurance, valuing the company at Rs 3,500 crore. This move marks LIC's entry into the standalone health insurance market. #LIC#ManipalCigna#Insurance#India
India's electric passenger vehicle (ePV) market has surpassed 1 lakh in annual sales! ��� Strong recovery in the second half of FY25 fueled by positive market sentiment, clearer EV vs. hybrid landscape, and new model launches. #EVs #India #AutoIndustry #ElectricVehicles
Adani Group has reportedly submitted a bid in the range of $2.4-2.6 billion for Jaiprakash Associates as part of the insolvency process. #Adani#JaiprakashAssociates#Insolvency
💊 Laurus Labs invests ₹833 million in KRKA Pharma, its joint venture. Funding supports land acquisition & initial costs for a new manufacturing facility. #LaurusLabs#KRKA#Pharma#Investment
UK & India Resume FTA Talks; India Signals Tariff Flexibility
UK & India restart free trade agreement negotiations! India's Commerce Minister Goyal indicates "more flexibility" on tariffs. Aim: 2-3x trade growth in 10 years. #UKIndiaFTA#TradeDeal#Tariffs
Havells To Enter EV Charging Market In Next Six Months
Havells India Ltd announces plans to enter the electric vehicle charging market within the next six months. #EVCharging#ElectricVehicles#India#Havells
JSW Group to invest Rs 1.2 lakh crore in Karnataka
The conglomerate will focus on steel, cement, paints, infrastructure, and energy. A major chunk, Rs 43,000 crore, will go towards expanding JSW Steel's Vijayanagar plant. The energy sector will receive Rs 56,000 crore. #JSWGroup
Nissan expands global reach from India! 🇮🇳🌎
LHD Magnite SUV now shipping to 45 new countries. 🚗💨 India becomes a major export hub.
Hybrid, CNG, and electric vehicles coming to India by FY26! ⚡️
#Nissan#India#Magnite#Exports#EVs