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The Board of Nestle India at its meeting held on 26 June 2025 has approved issue of bonus equity shares in ratio of 1:1. The Board also approved increase in authorised share capital from Rs 100 crore to Rs 200 crore. The company proposes to issue 96,41,57,160 equity shares of face value of Rs 1/- each amounting to Rs 96,41,57,160/- under the bonus issue.
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J B Chemicals & Pharmaceuticals has received approval from United States Food and Drug Administration (US FDA) for its Abbreviated New Drug Application (ANDA), Amitriptyline Hydrochloride Tablets USP, 10 mg, 25 mg, 50 mg, 75 mg, 100 mg, and 150 mg, which is indicated for relief of symptoms of depression.
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Cummins India announced the launch of its Battery Energy Storage Systems (BESS), expanding its sustainable solutions portfolio in line with Destination Zero strategy. This state-of-the-art energy storage solution is designed to support India's clean energy transition and strengthen the reliability of country's power infrastructure. Battery Energy Storage System (BESS) is emerging as reliable and efficient technology for addressing the energy transition requirements of key industries such as manufacturing, data centers, commercial realty, and mining. These systems enable seamless integration of clean, renewable, and intermittent energy sources like solar and wind with the existing power infrastructure. This ensures that customers can maximize renewable energy use and optimize energy costs through peak shaving and energy shifting. Commenting on the launch, Shveta Arya, Managing Director, Cummins India Limited, said, “India's energy mix is undergoing a significant transformation, driven by ambitious climate commitments, rapid adoption of renewables, and a national focus on clean and inclusive growth. At Cummins, we recognize this pivotal moment as an opportunity to innovate with purpose. Our Battery Energy Storage System (BESS) is a crucial enabler in this transition. It offers a reliable, scalable, and sustainable foundation for the energy ecosystem of tomorrow. Through this launch, we are proud to support India's journey towards net-zero emissions by 2070 and power possibilities for generations to come.”
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Eurogrip Tyres, India's leading 2 & 3-wheeler tyre brand from TVS Srichakra, inaugurated two more exclusive branded retail stores in Chennai today. These outlets - in Selaiyur and Villivakkam will house all types of two-wheeler tyres and will also offer tyre care and allied services.
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