Trident, Tata Elxsi and Lupin to see some action today

Trident has completed Solar Power Project of 8.87 MWp at Budhni, Madhya Pradesh out of which commissioning of 5.48 MWp Solar Power Plant (Phase I) for captive use has been successfully completed and the remaining 3.39MWp Solar Power Plant (Phase II) is expected to be commissioned within next 15 days. Moving towards a greener planet, the Group aims to use renewable and clean energy for reducing carbon emission.

Tata Elxsi has joined the Digital Therapeutics Alliance, a global non-profit trade association focused on transforming global healthcare by advancing digital therapeutics to improve clinical and health economic outcomes. The company’s collaboration with DTA provides a unique opportunity to advance global digital therapeutics development and adoption.

Lupin has received approval from the United States Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA), Diclofenac Sodium Topical Solution USP, 2% w/w to market a generic equivalent of Pennsaid Topical Solution, 2% w/w of Horizon Pharma Ireland DAC. The product will be manufactured at Lupin’s facility in Pithampur, India. Diclofenac Sodium Topical Solution USP, 2% w/w (RLD Pennsaid) had estimated annual sales of USD 484 million in the U.S. (IQVIA MAT June 2022).

Shilpa Medicare’s Analytical Services division situated at Nacharam, Hyderabad, Telangana has received United States Food and Drug Administration (USFDA) clearance (EIR) for the inspection performed during April 26 2022 to April 29, 2022. This is the first USFDA inspection of this facility. The facility is identified as testing laboratory in numerous ANDAs filed by Shilpa Medicare and its agreed parties.

Wardwizard Innovations and Mobility has signed up an agreement with one of the oldest and leading Automobiles Distributor of Nepal, The Mahabir Automobiles with the aim of expanding its green footprint globally. The proposed dealership is spread over in an area of more than 2000 sq. ft. the state-of-the-art dealership and workshop provides unrivalled sales, aftersales services and spares operations to the customers.

Bharti Airtel and WhatsApp have launched first ever ‘Airtel IQ’ hackathon. The hackathon’s objective is to identify and build new-age business solutions using the WhatsApp Business Platform across five key sectors of economy that can potentially improve livelihoods and contribute to the sustainable and economic growth of the country. These are E-Commerce, Ed-Tech, Banking and Financial Services (BFSI), Travel and Tourism, Contact center operations where start-ups have made a mark and entrepreneurs have developed robust businesses.

Medcare Hospital LLC, a stepdown material subsidiary of Aster DM Healthcare has acquired 60% stake in Skin III. Skin III is a private company incorporated in Dubai and is a leader in offering IV Drips (Vitamin and Detox) and other Aesthetics Procedures (HydraFacial, laser hair Removal etc). Skin III is a leader in offering IV Drips (Vitamin and Detox) and other Aesthetics Procedures (HydraFacial, laser hair Removal etc). It has tie ups with leading 5 Star Hotels for IV (Jumeirah Group and Anantara etc.,) and Homecare Business and is a relatively high margin non-insurance business with significant growth potential.