has received a Notice of Compliance (NOC)from Health Canada for its generic Semaglutide injection. Dr. Reddy’s becomes the first company to receive the market authorization for generic Semaglutide Injection* in Canada, ahead of Health Canada’s review target date. The market authorization covers the 2…
Category: Companies
Promoters of switch maker Norisys weighs stake sale, engages banker
The promoters of Faridabad-based Norisys Technology Pvt Ltd, a premium electrical switches and accessories maker, have engaged Alvarez & Marsal to explore a potential stake sale, according to two people…
Mint Explainer | Vedanta F&O contracts expire today ahead of demerger. What happens next?
Billionaire Anil Agarwal-led Vedanta Ltd is undergoing a major restructuring, splitting itself into five independent listed companies: Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Iron & Steel, and…
Maruti Suzuki to invest ₹14,000 cr in FY27 on capacity expansion
Country’s largest passenger vehicle manufacturer, Maruti Suzuki India (MSIL), on Tuesday said that it will invest ₹14,000 crore in the current financial year (FY27) to add 5 lakh more capacity…
L&T eyes scale-up of industrial electronics business from Coimbatore campus by next year
As Larsen & Toubro (L&T) forays into the industrial electronics segment and sets up a new business vertical, L&T Electronic Products & Systems (LTEPS), the engineering major is set to…
Sahi raises $33 million at over 3x valuation
Broking firm Sahi has raised about $33 million in a funding round led by venture capital firm Accel Global, more than tripling its valuation to about $200 million, the company’s…
AI on the shopfloor: India Inc’s next frontier in the upskilling playbook
AI training for India Inc. is moving beyond the office. While the focus has been on white-collar artificial intelligence training programmes so far, initiatives to upskill blue-collar shopfloor workers are…
Neo Alternative announces first close of ₹5,000 crore second infra income fund, targets ₹1 trillion platform
MUMBAI: Neo Alternative Asset Managers has reached the first close for its ₹5,000 crore infrastructure income fund, as it doubles down on operating road and renewable assets backed by long-term…
Infosys secures largest GCC deal
BENAGLURU: Infosys Ltd has won a contract worth upwards of $500 million from US-based Truist Financial Corp. to set up and run a global capability centre (GCC) in Hyderabad, making…
Elon Musk vs Sam Altman Day 2: Tesla boss testifies he founded OpenAI as nonprofit to counter Google
Elon Musk testified in a federal courtroom in Oakland, California, on Tuesday, telling a jury that he conceived, named and funded OpenAI on the explicit understanding that it would never…