Team NC

GRM Overseas

GRM Overseas sells its stake in GRM Foodkraft to Sauce.vc

GRM Overseas has sold more than 3% stake in GRM Foodkraft to Sauce.vc, a consumer-focused venture capital fund, for an undisclosed amount. Sauce has also acquired an additional 1% stake from other shareholders.

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Zydus,

Zydus, Daewoong Pharmaceutical collaborate for development and commercialisation of Leuprolide Acetate for Depot Suspension

Zydus Worldwide DMCC, a subsidiary of Zydus Lifesciences Ltd and Daewoong Pharmaceutical on Monday announced that they have entered into an exclusive licensing agreement to co-develop and commercialize Leuprolide Acetate for Depot Suspension (RLD: Lupron Depot®, AbbVie) in six dosage strengths for the United States market.

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Wockhardt

Wockhardt completes Phase 3 pneumonia study of its macrolide antibiotic Nafithromycin WCK 4873

Wockhardt has announced the completion of the pivotal Phase 3 pneumonia Study of its macrolide antibiotic Nafithromycin WCK 4873.

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RattanIndia

RattanIndia launches compact delivery drone L07 for e-Commerce

RattanIndia Enterprises announced today the launch of a new compact delivery drone, L07 for e-Commerce and healthcare industries, through its company TAS (Throttle Aerospace Systems).

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Tata Power

Tata Power, Indian Oil to deploy over 500 EV charging points across India

Tata Power EV Charging Solutions (TPEVCSL) and Indian Oil Corporation (IOCL) have signed a Memorandum of Understanding (MoU) to roll out fast and ultra-fast electric vehicle (EV) charging points across India.

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Indian Bank

Intellect to strengthen transaction banking capabilities of Indian Bank with eMACH.ai powered tool

Multiproduct FinTech company Intellect Design Arena has announced that Indian Bank has chosen its eMACH.ai powered Cash Management System to bolster their Corporate Banking Modernisation.

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TP-DDL

TP-DDL makes humongous stride in electricity theft cases with 14 court convictions

Tata Power Delhi Distribution Limited (TP-DDL) has secured convictions in 14 cases of power theft during the period April’23 – Nov’23. These cases cumulatively amount to more than ₹40 lakh.

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Prestige Ocean Pearl,

Prestige Ocean Pearl: Prestige Group launches its first project in Calicut

Real estate developer Prestige Group has announced the launch of its first residential project in Calicut — Prestige Ocean Pearl.

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84% of manufacturing employees acknowledge two separate cultures in their company: Survey by UKG

Amidst the dynamic contours of the Indian manufacturing sector, a notable majority of organisations are taking proactive strides to embrace flexibility, ushering in a new era of improved working conditions for their frontline workforce.

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DRC,

DRC Systems, XDuce collaborate to drive innovation, create growth opportunities

IT services and consultancy company DRC Systems has collaborated with US-based technology services provider XDuce to leverage their respective strengths to drive innovation, enhance market presence, and create new growth opportunities.

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