MANUFACTURING Neogen Chemicals Raises ₹600 Cr Through QIP At A Premium From QIBs

Neogen Chemicals Ltd has raised ₹600 crore through a qualified institutional placement (QIP), issuing 26.61 lakh equity shares to eligible qualified institutional buyers (QIBs). The shares were allotted at ₹2,255 each, including a premium of ₹2,245 per share. The issue price was higher than the floor price of ₹2,189.73. Paid-up capital rises to ₹30 crore […]

CW Bureau · Sep 17, 2026

GENERAL Gland Pharma Set To Acquire Gland Pharma USA In A $5.01-Lakh Deal

Gland Pharma Ltd has approved the acquisition of 100% equity in Gland Pharma USA Inc. (Gland US), a wholly-owned step-down subsidiary, from Gland Pharma International Pte. Ltd., a wholly-owned subsidiary, for $5.01 lakh. Upon completion of the transaction, Gland US will become a direct wholly-owned subsidiary of Gland Pharma. The company expects to complete the […]

CW Bureau · Sep 13, 2026

ECONOMY India-Russia Trade: Goyal Sets $100 Bn Target By 2030, Pushes Business

India and Russia need to accelerate the diversification of their economic relationship beyond energy if bilateral trade is to rise from around $60 billion currently to $100 billion by 2030, Union Commerce and Industry Minister Piyush Goyal said on Thursday. Addressing the INNOPROM India 2026 Co-Chair Plenary Session in New Delhi alongside Russian Minister of […]

CW Bureau · Sep 11, 2026

AUTO Thermo King Brings 4 All-Electric EV Models To Asia Pacific

Thermo King, a strategic brand of global climate innovator Trane Technologies, has introduced four new models in its all-electric EV series for the Asia-Pacific region — EV500S, EV500e, EV300e and EV200e. The new range features an integrated electric drive solution designed to improve operating efficiency across urban cold-chain applications. The launch comes amid growing demand […]

CW Bureau · Sep 10, 2026

MANUFACTURING Anupam Rasayan Signs Supply Contract With US Specialty Metals Co

Anupam Rasayan India Ltd. has signed a long-term supply contract with a U.S.-headquartered global specialty metal manufacturer for the supply of a specialty chemical product to support the customer’s global operations. Dispatches under the contract are expected to commence from the second half of Q3 2027, with supplies to continue over a six-year period. Company […]

CW Bureau · Sep 6, 2026

GENERAL Kwality Pharma Ups FY27 Guidance, Targets ₹1,000 Cr Revenue By FY29

Kwality Pharmaceutical Ltd, which has doubled its turnover to ₹500 crore in three years, has raised its FY27 revenue guidance to over ₹700 crore from ₹650 crore and is targeting more than ₹1,000 crore by FY29. “Over the longer term, we continue to work toward doubling revenue over the next three years, with a goal […]

CW Bureau · Aug 10, 2026

STARTUP/TECHNOLOGY RPG LS Transfers API Business To Its Arm, InvAscent To Invest ₹243 Cr

RPG Life Sciences Ltd (RPG LS) has executed a Business Transfer Agreement to transfer its Active Pharmaceutical Ingredients (API) business to its wholly owned subsidiary, RPG Active Pharma Ltd, on a slump sale basis as a going concern. The restructuring is part of the company’s strategy to create a focused API business with dedicated capital, […]

CW Bureau · Jul 30, 2026

GENERAL Sun Pharma Receives Organon Shareholders Nod For $11.75-Bn Buy

Leading global pharmaceutical company Sun Pharmaceutical Industries Ltd has received shareholder approval from Organon & Co. for its proposed acquisition. The approval marks a key milestone towards completion of the transaction. Following the deal, Organon will become a wholly owned subsidiary of Sun Pharmaceutical Holdings USA Inc., an indirect wholly owned subsidiary of Sun Pharma. […]

CW Bureau · Jul 24, 2026

GENERAL Aurobindo Pharma To Acquire 80% Stake In A1 Biochem CRO Business

Aurobindo Pharma Ltd, through its wholly owned subsidiary Apitoria Pharma Pvt Ltd, will acquire an 80% stake in the Contract Research Services business of A1 Biochem Group. The acquisition will be completed within 90 to 120 days for cash consideration at an enterprise value of $17 million on a debt-free and cash-free basis. Building CRDMO […]

CW Bureau · Jul 24, 2026

GENERAL Snowman Logistics To Set Up 10,000-Pallet Cold Storage Unit In Hyderabad

Snowman Logistics Ltd will establish a new 10,000-pallet temperature-controlled warehouse in Hyderabad under an asset-light Built-to-Suit (BTS) model. Construction of the facility has commenced and it is expected to become operational in the second quarter of next year. The warehouse will support temperature ranges from -25°C to +20°C. Strengthening cold chain network The facility is […]

CW Bureau · Jul 15, 2026

MANUFACTURING Standard Engineering To Buy 19.19% Stake In Japan’s GL Hakko For ₹70 Cr

Standard Engineering Technology Ltd. (SETL) will acquire a 19.19% stake in Japan-based GL Hakko Co. Ltd. for ₹70 crore through internal accruals, strengthening its presence in the global glass-lined process equipment market. The company also has the option to raise its stake by another 31.88% over the next three years by investing ₹116.70 crore at […]

CW Bureau · Jul 7, 2026

GENERAL Lupin Enters TIME-Statista’s World’s Most Sustainable Companies List

Global pharmaceutical major Lupin Ltd. has made its debut on TIME and Statista’s World’s Most Sustainable Companies 2026 list. It is ranked 318th among 750 companies selected from more than 5,000 of the world’s largest and most influential organisations. Only 16 Indian companies Lupin is among 16 Indian companies featured in this year’s global ranking. […]

CW Bureau · Jul 6, 2026