Zydus Lifesciences has received final approval from the USFDA for Apalutamide Tablets, 60 mg. This is seen as a positive development for the company.
IMFA has signed a Share Subscription and Shareholders Agreement with JSW Green Energy One Ltd & JSW Green Energy Seven Ltd, indicating a positive move for the company.
Avenue Supermarts has opened 2 new stores, one in Adoni, Kurnool and another in Haralur, Bengaluru, bringing the total store count to 398, which is viewed positively.
Bajaj Auto has approved the re-appointment of Rajiv Bajaj as MD & CEO for another 5 years from April 1, signaling a positive move for the company.
Supreme Petrochem has announced the acquisition of Xmotd Polymers Pvt. Ltd., acquiring 100% of its equity shares, a positive development for the company.
Steel companies may see a boost as DGTR recommends a 12% safeguard duty on non-alloy & alloy steel flat products for 200 days.
Brigade Enterprises and Gruhas have announced the launch of a dedicated fund for property technology and sustainability-driven startups, which is seen as a positive move.
Dr Reddy’s Lab and Alvotech have announced FDA acceptance of a biologic license application for AVT03, a positive development for the companies.
BPCL has collaborated with BluJ Aerospace, ANERT, and CIAL to launch the world’s first hydrogen-powered VTOL Aviation Ecosystem, seen as a positive step.
On a neutral note, IndusInd Bank will propose new CEO names to RBI from September, while Hindustan Zinc has been fined ₹5.42 lakh each by the BSE and the NSE for non-compliance with board composition norms.
Bharti Airtel has secured shareholder nod for infrastructure sale to Indus Towers, TVS Supply Chain Solutions’ Andrew Jones has resigned as CEO, Europe, L&T will consider fund raising by way of debt issue on March 21, 2025, and Nazara Technologies has acquired 8.97% equity shares of Absolute Sports for ₹69.17 Cr.
JSW Infrastructure announced the redemption of Commercial Papers (CP) on their due date, GSS Infotech has appointed Mr. Sonu Kumar as Chief Financial Officer, Canara Bank raised ₹4,000 Cr through 7.46% Tier II bonds, and Oriental Rail has secured an order from Integral Coach Factory (ICF), Chennai, and Indian Railways, valued at Rs 1.89 cr.
Mahindra & Mahindra Financial’s credit rating has been reaffirmed by India Ratings & Research Pvt Ltd, Dynamic Services has announced a new work order from The West Bengal Power Development Corporation Limited, Vadilal Industries has announced the continuation of Mr. Rajesh R. Gandhi and Mr. Devanshu L. Gandhi as Managing Directors, and Coromandel Agro Products has announced the retirement of CFO Mr. Satyanarayana Kothuri.
ESAF Small Finance Bank will consider fund raising via issuance of NCDs (Tier II Bonds) on preferential basis on March 21, ZF Commercial announced the resignation of Mr. Hariprasad Rayapalyam, Vice President and Head – Legal, LIC has issued clarification regarding its talks with a standalone health insurance company, BMW Industries announced the resignation of Independent Director Mr. Dilip Kumar Mandal, Kerala Ayurveda announced the resignation of Ms. Jyothi Gulecha from the position of Company Secretary & Compliance Officer, Ecoboard Industries’ board appointed Tanuja Anand Deshpande as Company Secretary & Compliance Officer, SAL Steel’s board appointed Radhika P. Soni as Company Secretary & Compliance Officer, Ador Welding Ltd has received reaffirmed credit ratings from CARE Ratings Limited for its bank facilities, Westlife Food has elevated Akshay Jatia as CEO of the company w.e.f. March 18, 2025, GR Infraprojects has received a letter of acceptance for a National Highways Authority of India (NHAI) project worth ₹4,262.78 crore, NTPC will Issue ₹4,000 Crore Unsecured Debentures, AGI Infra has an Ex-Dividend date today, with an Interim dividend of Rs 0.5/Sh, and PFC also has an Ex-Dividend date today, with an interim dividend of Rs 3.5/Sh.
On a negative note, Nibe Ordnance has received notification from Munition India Limited regarding the cancellation of a Letter of Intent for the supply of 155 mm M107 Empty Shells, and Ola Electric has faced a complaint against them from the Transport Department.
