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Several Indian companies are making strides in their respective industries. Zydus Lifesciences received the final approval from the US FDA to manufacture Dasatinib Tablets. This is a significant milestone for the company, allowing it to expand its product portfolio.
Gensol Engineering’s credit rating was revised to D by an investment information and credit rating agency due to delays in debt servicing, citing feedback from the company’s lenders.
Galaxy Surfactants entered into a strategic collaboration to provide engineering, procurement, and construction services to a global customer for their performance surfactants and specialty ingredients plant at an overseas location.
IOL Chemicals and Pharmaceuticals received a certificate of suitability from the European Directorate for the Quality of Medicines and Healthcare for its API product, Quetiapine Fumarate. This certification enables the company to export its product to European and other countries that accept CEPs.
R Systems International launched an IoT Smart C2C Connector on Amazon Web Services, simplifying smart home device integration challenges. This partnership is expected to revolutionize the way devices communicate with each other.
MSTC, a Telangana-based e-commerce platform, received a government order to provide e-auction and e-procurement services to all offices in the state for a period of two years.
GMR Airports acquired a 49% stake in Bird Delhi General Aviation Services Pvt, making it an associate company.
Route Mobile, Proximus Global, and Telesign partnered with Nokia to explore opportunities for network application programming interface solutions, aiming to support developers create new applications for enterprises.
Wipro launched TelcoAI360, a solution designed to transform operations for telecom companies by leveraging AI. This is a significant move towards digital transformation in the telecommunications industry.
These are just a few notable developments in the Indian business landscape, showcasing the country’s growing presence in the global market.