Mahindra Lifespaces to redevelop two housing societies with ₹1,700 cr potential
Mahindra Lifespaces has been selected to redevelop two housing societies in Chembur, Mumbai, with a combined development potential of ₹1,700 crore.
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Dr Reddy’s launches new acidity drug tegoprazan in India
Dr Reddy’s Laboratories has launched tegoprazan, a novel patented molecule for acid-related gastrointestinal diseases, in India under the brand name PCAB. Shares of Dr Reddy’s Laboratories Ltd ended higher on Tuesday (September 16) by 0.79 % at ₹1,311.10 on the…
Coal India wins bid for rare earth exploration block
Coal India said it has been declared the preferred bidder by the Ministry of Mines for the 209.62-sq km Ontillu-Chandragiri rare earth element (REE) exploration block. Shares of Coal India ended 0.38% in the green on Tuesday, September 16. The…
Jindal Steel submits bid for Thyssenkrupp’s German steel unit
Thyssenkrupp stated it would closely examine the offer, with particular attention to economic sustainability, the continuation of its green transformation, and the protection of employment at its steel sites.
SEBI extends settlement scheme for brokers linked to algo platforms till Oct 16
SEBI has extended its settlement scheme for stock brokers tied to unregulated algo platforms until October 16, allowing them to settle pending proceedings before regulatory and judicial authorities.
Blue Dart Express arm gets ₹420-crore GST demand
Blue Dart Aviation Ltd, a subsidiary of Blue Dart Express, has received a GST demand notice of over ₹420 crore from the Commissioner of GST and Central Excise. Shares of Blue Dart Express Ltd ended higher on Tuesday (September 16)…
Jefferies’ Mahesh Nandurkar: Resolution of India-US trade impasse could be a near-term market catalyst
The Indian equity market could see a near-term boost if the India-US trade impasse is resolved, says Mahesh Nandurkar, Head of India Research & Equities Strategist at Jefferies India. Corporate earnings have been subdued, but GST and income tax cuts…
BEL secures additional orders worth ₹712 cr across defence and tech
Bharat Electronics Ltd has received fresh orders worth ₹712 crore, including IT infra, cyber security and communication systems.
Platinum shines as affordable alternative to gold, PGI India sees strong demand
Despite a 58% surge this year, platinum remains nearly 40% cheaper than gold, fueling strong demand in India and globally, says PGI’s Vaishali Banerjee.
P&G Health CFO Lokesh Chandak resigns, Shashank Srowthy to take over from October 1
Chandak will be moving to a new assignment within P&G as senior director – finance & accounting, feminine care – Asia Pacific Enterprise Markets, Middle East and Africa. The shares of P&G Health rose 1.4% in the session on Tuesday,…