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KWIL Promoter Changes Following Magnum Acquisition
New Delhi, March 31 Magnum Ice Cream Netherlands has completed the acquisition of a 61.9 per cent majority stake in Kwality Wall's (India) Ltd (KWIL), resulting in a change in the promoter classification."On March 30, 2026, the Incoming Promoter acquired the Sale Shares from the Outgoing... - H
Lupin's Generic Drug for Daytime Sleepiness Receives USFDA Review
Lupin Receives Tentative USFDA Approval for Generic Pitolisant Tablets New Delhi, March 25 – Lupin Ltd announced on Wednesday that it has received tentative approval from the US health regulator for its generic version of Pitolisant tablets, indicated for the treatment of excessive daytime...- Himanshu
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- abbreviated new drug application drug development drug manufacturing excessive daytime sleepiness generic pharmaceuticals healthcare india lupin ltd nagpur pharmaceutical approval pharmaceutical industry pitolisant regulatory filings tablet us food and drug administration (usfda)
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- Forum: Business
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REC Ltd Approves ₹1.6 Lakh Crore Market Borrowings for 2026-27
REC Ltd Approves ₹1.6 Lakh Crore Market Borrowings for 2026-27 New Delhi, March 25 – State-owned REC Ltd announced today that its board has approved market borrowings of ₹1.6 lakh crore for the fiscal year 2026-27. The regulatory filing indicates that the total borrowing program encompasses... - K
IndiGo Faces Management Change After Operational Crisis
IndiGo CEO Pieter Elbers Resigns; Rahul Bhatia Takes Interim Charge Shares of InterGlobe Aviation, the parent company of IndiGo, are expected to remain in focus on Wednesday, March 11, after the airline announced the resignation of its Chief Executive Officer Pieter Elbers.Rahul Bhatia to...- Karthik
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- airline management aviation regulator company operations corporate governance directorate general of civil aviation india indigo interglobe aviation march 11, 2026 operational disruptions pieter elbers rahul bhatia regulatory filings resignations stock performance
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- Forum: Stocks
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RBI Approves SBI Mutual Fund’s 9.99% Stake Acquisition in Bandhan Bank
Kolkata, February 26: The Reserve Bank of India has approved a proposal by SBI Mutual Fund to acquire an aggregate holding of up to 9.99 per cent in Bandhan Bank, according to a regulatory filing made on Thursday.Bandhan Bank informed the stock exchanges that the central bank, through a...- Karthik
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- bandhan bank banking regulation act equity investments financial regulations foreign exchange management act nse rbi (commercial banks acquisition) regulatory filings reserve bank of india sbi mutual fund securities and exchange board of india shareholding limits stock exchange
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- Forum: Business
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Haryana Government Bars IDFC First Bank and AU Small Finance Bank After Rs 590 Crore Fraud Disclosure
Immediate Ban on Government Transactions in Haryana Haryana Government has removed IDFC First Bank and AU Small Finance Bank from handling all government business in the state with immediate effect, following the disclosure of an alleged fraud of around Rs 590 crore.In an official circular...- Karthik
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- account closure account reconciliation au small finance bank bank investigations chandigarh branch financial loss financial transactions fixed deposits forensic audit government fraud haryana government idfc first bank recovery efforts regulatory filings suspended officials
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IDFC First Bank Reports ₹590 Crore Fraud Linked to Haryana Government Accounts at Chandigarh Branch
Mumbai, February 22: IDFC First Bank on Sunday disclosed a fraud of ₹590 crore involving accounts held by the Haryana government at one of its branches in Chandigarh, triggering regulatory reporting, a police complaint, and an internal probe.Fraud Detected During Account Closure and Balance...