LalPath Labs donate Rs. 1 crore to PM CARES FUND to fight against the COVID19 pandemic


A leading diagnostic and related healthcare service provider Dr. Lal PathLabs Limited announced a donation of Rs. 1 crore to PM’s Citizen Assistance and Relief in Emergency Situation (PM CARES) to help the government in its fight against coronavirus. Determined to fight this deadly virus attacking Indian residents, (Hony) Brig. Dr. Arvind Lal, Executive Chairman said, “The entire Dr. Lal PathLabs team is with the country in this critical hour. We wholeheartedly support the Prime Minister’s efforts to make India a COVID-19 free nation. This donation of Rs. 1 crore…

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Promoters have not pledged any of the shares of DCM Shriram Ltd

DCM Shriram Ltd

New Delhi: Over the last few months there have been some incorrect reports about the high level of pledge on shareholdings by the promoters of DCM Shriram Ltd. The NSE also recently decided to include the shares of the company for surveillance due to a high level of pledge. The company clarify that the promoters have not pledged any of the shares of DCM Shriram Ltd. This was clarified to the exchanges vide letter dated 12th Nov 2019 and 26th Nov 2019. Further vide letters dated 19th March 2020, the…

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JSW Steel reported 3.97 million tons crude steel production for Q4 FY 2019-20


JSW Steel reported 3.97 million tons of crude steel production for Q4 FY 2019-20. The Company’s crude steel production during January and February 2020 in aggregate was higher than that of the previous year by 1%. The slow down in economic activity due to unanticipated breakout of pandemic COVID19 and consequent nationwide lockdown in the latter part of March 2020 led to a sharp fall in production across plant locations. The Company achieved 97.3% of revised production guidance of 16.50 Million tonnes of FY 2019-20. The Company could have almost…

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Hero MotoCorp has extended the warranty period for free service and AMC services till June 30

Hero Motoco

Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has extended the duration of all its warranty and free services in view of the nationwide COVID-19 lockdown. For the benefit of all its existing customers, the Company has extended services that were getting exhausted during the lock-down period. These services have been extended to ensure that all customers maintain social distancing and are not required to visit dealerships in a rush. All scheduled Free Service (FSC) expiring between March 21 to April 30 will be extended till June 30,…

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L&T Construction has secured a large order from the Indian Army

LT - Laesen & Toubro

The Smart World a Communication Business of L&T Construction has secured a large order from the Indian Army to establish a first-of-its-kind, state-of-the-art Unified Network Management System to Manage, Support and Operate the countrywide Armed Forces Network under the Network for Spectrum (NFS). Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over USD 21 billion in revenue. It operates in over 30 countries worldwide. A strong, customer-focused approach and the constant quest for top-class quality have enabled L&T to attain and…

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NTPC Awarded to Tata Power for 300mw Project


Tata Power Solar Systems Limited (Tata Power Solar), India’s largest integrated solar company and a wholly-owned subsidiary of Tata Power, post reverse auction held on February 21, has received the Letter of Award to build the 300 MW CPSU-II for NTPC at an all-inclusive price of Rs. 1,730.16 crores. The Commercial Operation Date (COD) for this grid-connected solar photovoltaic project is set for September 2021 (18 months). With this order, the order book of Tata Power Solar stands at approximately Rs. 8,541 crores including external and internal orders. “It is…

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USFDA finally approve Zydus Perphenazine Tablets USP

Zydus Cadila

Global pharmaceutical company Zydus Cadila has received final approval from the USFDA to market Perphenazine tablets USP, 2 mg, 4 mg, 8 mg, and 16 mg. (US RLD: Trilafon® Tablets). This medication is indicated for the treatment of schizophrenia and for the control of severe nausea and vomiting in adults. The drug will be manufactured at the group’s formulation manufacturing facility at Baddi. The group now has 284 approvals and has so far filed over 386 ANDAs since the commencement of the filing process in FY 2003-04.  

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Royal Orchid & Regenta Hotels take up CSR Initiatives pan India to Alleviate Community Distress Amidst Covid-19 Pandemic: Press Release

Royal Orchid Hotels

The listed hotel company, through its 60+ hotels across India, has been taking up ad hoc as well as sustained measures to provide comfort to the needy amidst the lockdown. Hotel units have been distributing food packets while maintaining social distancing so as to ensure the safety of its staff and that of the community. The group has so far implemented relief plans through its hotels in Bangalore, Gujarat, Madhya Pradesh, Navi Mumbai, Goa, Mysore, and Rajasthan. Commenting on the initiative, Chander Baljee, Chairman & Managing Director, Royal Orchid & Regenta…

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Nivea India distribute hand sanitizes to the public hospitals and healthcare institutions

Nivea Hand Sanitizer

Nivea India, a manufacturer of personal grooming products, said on Friday that it has started producing hand sanitizers from its skincare manufacturing plants along with its key partners. The company said that its plant in Sanand, Gujarat, which manufactures skincare products originally for the Indian market, Has started producing alcohol-based hand sanitizers, And it will shift part of its production towards making sanitizers at the plant. The hand sanitizers will be distributed free of cost to the public hospitals and healthcare institutions in Ahmedabad and Vadodara as well as to…

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Mr. P V Sheshadri – CEO of the Future Supply Chain has resigned


FSC – Future Supply Chain solutions limited has informed that Mr. P V Sheshadri – Chief Executive Officer of the Company, has resigned to pursue other opportunities outside the organization. He has been relieved from his duties w.e.f. the closure of the working hours of April 4, 2020. The Nomination and Remuneration Committee and Board of Directors would, at their respective meetings to be held hereinafter, would suggest necessary course of actions including but not limited to selection and appointment of suitable person, if considered appropriate, in place of Mr.…

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