The company reported a 13.38% increase in domestic sales in May, selling 2,412 units. However, exports fell by 63.
34 percent to 180 units. Shareholders have overwhelmingly voted in favor of the amalgamation of TCNS Clothing and Aditya Birla Fashion and Retail Limited, with 99.9% in favor.
The company has signed a non-exclusive patent licensing agreement with Takeda Pharmaceuticals to commercialize Vonoprazan, a novel potassium-competitive acid blocker (P-CAB) used for treating gastroesophageal reflux disease (GERD), in India. Torrent will market Vonoprazan under its trademark, Kabvie. The company has secured new orders from multiple clients amounting to 351.
35 crore. The Netherlands may provide up to $3.26 billion for the green transformation of Tata Steel Ltd.
’s IJmuiden factory, which has caused serious health and environmental problems in the surrounding area. The company received an order, worth 3,500 crore, for a 2x800 MW thermal power project in Uttar Pradesh from Adani Power's Mirzapur Thermal Energy (UP) Private Limited. Operations at the company's Dhaula facility were disrupted due to a massive fire accident that occurred at 8.
30 pm on Wednesday. The company’s subsidiary, Edelweiss Rural and Corporate Services Limited, received a tax demand of 1.21 crores under Section 147 of the Income Tax Act, 1961.
Other subsidiaries, Ecap Securities and Investments Limited and Edel Finance Company Limited, also received tax demands of 55.11 crores and 29.45 crores respectivel.
