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.
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.
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.
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).
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.
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.
51% of people believe AI will help them increase productivity at work: PwC survey
India can become the pioneer in incorporating AI technology into Business if the industry moves ahead with the right upskilling approach — suggests PwC’s report titled ‘India Workforce Hopes and Fears Survey 2023’.
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.
Coforge launches Quasar Responsible AI
Digital services and solutions provider Coforge has introduced the Quasar Responsible AI solution.
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.