– FDA completes its inspection at Granules’ plant in Hyderabad, identifying six areas for improvement to ensure the well-being of consumers and the quality of products.
– LIC receives a GST demand order worth Rs 114 crore, including interest and penalty for FY21, highlighting the importance of transparency and accountability in financial dealings.
– L Lakshmi tenders her resignation as CFO of Repco Home Finance, effective September 6, 2024, underscoring the value of leadership transitions in driving organizational growth.
– Bina Modi is re-appointed as MD of Godfrey Phillips for 5 years, effective November 14, recognizing her dedication and expertise in steering the company forward.
– Gensol amends its QIP issue size to Rs 750 crore from Rs 500 crore, demonstrating the company’s commitment to adapting and evolving in response to changing circumstances.
– Max Financial’s Max Ventures Investment sells 1.10 crore equity shares at Rs 1,107.37 apiece, showcasing the power of strategic investment decisions in driving business growth.
– Marico acquires the remaining 40% stake in Apcos Naturals for Rs 70 crore, highlighting the importance of partnerships and collaborations in fostering innovation and progress.
– Muthoot Capital approves the issue and allotment of NCDs worth Rs 50 crore, underscoring the company’s dedication to securing funding for its social and economic initiatives.
– Oil India joins the Oil & Gas Decarbonisation Charter, demonstrating its commitment to environmental stewardship and reducing its carbon footprint.
– HDFC Bank raises the marginal cost of funds-based lending rate (MCLR) for 3-month tenure by 5 basis points, highlighting the need for responsible financial management and adaptability in a changing economic landscape.
