Natco Pharma has received tentative approval from the U.S. Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Trabectedin for Injection (generic for Yondelis ) for the 1mg/vial presentation. According to industry sales data, Yondelis generated annual sales of $49.7 million for the twelve months ending June 2022 in the US market.
Mahindra & Mahindra (M&M) has initiated talks with various state governments in India to set up manufacturing infrastructure for its upcoming range of electric sports utility vehicles. The automaker, which has lined up five new electric Sports Utility Vehicles (SUVs) with the first four expected to hit the roads between December 2024 and 2026, will evaluate incentives offered by different state governments before finalizing the strategy for the production of these EVs.
Jammu & Kashmir (J&K) Bank is looking to raise up to Rs 2,000 crore this fiscal through a mix of debt and equity as it sees loan demand picking up due to increased economic activity.
Shriram Transport Finance Company has raised Rs 3300 crore through Senior, secured, rated, listed, redeemable, Non-Convertible Debentures (NCDs) and allotted 33,000 NCDs having face value of Rs 10 lakh each. Date of maturity of the said NCDs will be August 17, 2032.
Astra Microwave Products’ joint venture company (JVC) -- Astra Rafael Comsys (where Astra and its associates own 51% stake) is planning to take up development, manufacture, integration, customization and product support of Electro Optic (EO) systems in addition to its existing business line.
Craftsman Automation has commenced the commercial operations of its new/ additional plant at Pune, Maharashtra. Earlier in May 2022, the company had received approval for setting up of additional/new plants at Pune.
RBL Bank has offloaded over 12 per cent stake in Kilburn Engineering since May for a total consideration of over Rs 17 crore. The private sector lender had acquired 67,50,000 equity shares of Kilburn Engineering (Kilburn) under a debt recast plan. This represented 19.67 per cent share capital of the company, as part of conversion of loans outstanding under debt restructuring plan by RBL Bank in February 2021, and subject to lock-in for one year.
| Company Name | CMP |
|---|---|
| Tata MotorsPassenger | 360.15 |
| Maruti Suzuki | 13452.25 |
| Mahindra & Mahindra | 3199.35 |
| Hyundai Motor India | 1901.25 |
| Mercury Metals | 35.39 |
| View more.. | |
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