Zairus Master, Honasa Consumer’s chief business officer, has resigned and can step down on Feb. 28, the corporate said in a stock exchange filing Thursday. The Gurugram-based company is the parent company of Mamaearth, The Derma Co, Aqualogica, Dr Sheth’s, BBlunt.
The Securities and Exchange Board of India (SEBI) has rejected the settlement applications filed by Zee Entertainment and Punit Goenka, its MD and CEO. The regulator referred the matter for further investigation, including the allegations contained within the show cause notices in its ongoing investigation.
Biocon Pharma, a subsidiary of Biocon, has received approval from China’s National Medical Products Agency (NMPA) for tacrolimus capsule. Tacrolimus is an immunosuppressant drug used to treat organ transplant patients that reduces the body’s ability to reject the transplanted organ.
NHPC has informed the stock exchanges that it has received a payment of ₹250 crore under the mega insurance policy for losses attributable to flash flood at Teesta-V power plant (510 MW) on October 4, 2023.
Pricol’s board of directors has approved the divestment of the corporate’s wiper business to Auto Ignition on an estate sale basis.
V2 Retail on Thursday reported a 58.1 per cent growth in unit revenue from operations to ₹ 591.03 crore for the December quarter. The value retailer saw revenue from operations of ₹ 373.76 crore within the October-December quarter a yr ago, V2 Retail told BSE in its regulatory filing.
Force Motors Ltd has accepted an order to provide 2,429 ambulances to the Department of Health and Family Welfare within the state of Uttar Pradesh. In a regulatory filing, the corporate said the order is for the provision of BS-VI diesel ambulances to the department. The order is to be accomplished within the period from December 2024 to March 2025, it said, without disclosing the worth of the order.
Balmer Lawrie & Co Ltd, a central public sector undertaking, has announced equity financing for NapTapGo, a budget hospitality start-up, under its annual start-up funds programme, the corporate said. The investment of ₹1 crore is geared toward “supporting the startup ecosystem and promoting innovation,” an organization statement said. No further details of the financing terms were provided.
Avenue Supermarts Ltd, owner and operator of the DMart retail chain, reported a 17.5 per cent growth in unit revenue from operations to ₹ 15,565.23 crore within the third quarter ended December 31, 2024. The total variety of stores as of December 2024 was 387 .
