Crime Today News
The Competition Commission on Wednesday slapped penalties totalling nearly Rs 2.70 crore and non-monetary sanctions on UFO Moviez India, its subsidiary Scrabble Digital, and Qube Cinema Technologies for unfair business practices. UFO Moviez and Qube were significant players in the relevant market for the supply of digital cinema initiatives compliant Digital Cinema Equipment (DCE) on lease/rent to Cinema Theatre Owners (CTOs) in the country.
Fintech firm One97 Communications’ (Paytm) Managing Director and Chief Executive Officer Vijay Shekhar Sharma has voluntarily surrendered 2.1 crore shares worth about Rs 1,800 crore, as per a regulatory filing and share closing price of the company. The shares were granted to Sharma as part of ESOP (employee stock ownership plan) at the time of listing of One97 Communications, which owns Paytm brand. It will now return to the ESOP pool under One 97 Employees’ Stock Option Scheme, 2019.
Zaggle Prepaid Ocean Services Limited has announced that it has secured a Third-Party Application Provider (TPAP) approval from the National Payments Corporation of India (NPCI). The development will enable Zaggle to offer UPI-based payment solutions directly through its platform, empowering over 3 million engaged users across its digital ecosystem, the company said in a statement.
DLF has sold its IT-ITeS SEZ (special economic zone) project in Kolkata for Rs 693 crore to Srijan Group as part of its strategy to monetise commercial assets.
UltraTech Cement on Wednesday said it will acquire 26 per cent equity shares of renewable energy generation and transmission firm AMPIN C&I Power Eight. The acquisition, aimed at meeting the company’s green energy needs, will have an equity investment of up to Rs 25.50 crore, according to a regulatory filing from the Aditya Birla Group company.
The Competition Commission of India (CCI) has cleared a proposal of Patanjali Ayurved and five other entities to acquire a majority stake in Magma General Insurance. “The proposed combination is being notified under the green channel route in consonance with section 6(4) of the Competition Act, 2002,” CCI said in a notice. Under the green channel route, a transaction which does not pose any risk of an appreciable adverse effect on competition is deemed to be approved on being intimated to the competition watchdog.
The US health regulator has pulled up Aspen Biopharma Labs for various manufacturing lapses at its Telangana-based active pharmaceutical ingredients production facility. In a warning letter to its CEO K Sateesh Reddy, the US Food and Drug Administration (USFDA) said the drug firm failed to design and construct buildings and facilities used in the manufacture of API in a manner to minimise potential contamination, facilitate appropriate cleaning, maintenance, and operations.
Glenmark Pharmaceuticals Inc., USA (Glenmark) is pleased to announce the upcoming launch of Dextroamphetamine Saccharate, Amphetamine Aspartate, Dextroamphetamine Sulfate and Amphetamine Sulfate Tablets (Mixed Salts of a Single Entity Amphetamine Product), 5 mg, 10 mg, 15 mg, 20 mg and 30 mg. Glenmark’s Dextroamphetamine Saccharate, Amphetamine Aspartate, Dextroamphetamine Sulfate and Amphetamine Sulfate Tablets (Mixed Salts of a Single Entity Amphetamine Product), 5 mg, 10 mg, 15 mg, 20 mg and 30 mg is bioequivalent and therapeutically equivalent to the reference listed drug, Adderall Tablets, 5 mg, 10 mg, 15 mg, 20 mg, and 30 mg, of Teva Women’s Health, Inc. and the company will begin distribution in May 2025.
Tanla Platforms has partnered with two overseas telcos for the deployment of its Messaging as a Platform (MaaP) for rich media messaging, marking the Company’s first deployment outside of India. This platform will be commercially live in Quarter 1 of Financial Year 2026 with both the telcos.
Lupin informed the exchangtes that United States District Court for the District of Delaware has passed an order in the matter of Myrbetriq patent case. On April 15, 2025, the Court ruled in favor of Astellas Pharma regarding the validity of its US Patent No. 10,842,780. The Court noted that the issues of whether Lupin’s products infringe the ’780 patent, damages, and any additional invalidity theories will be litigated at a consolidated jury trial in 2026.
Bharat Heavy Electricals Limited (BHEL) has signed a ‘Technology Transfer Agreement (TTA) with Bhabha Atomic Research Centre for Mixed-Matrix Membrane Diaphragm for separator applications in electrochemical cells.
Home First Finance Company India has successfully raised fresh equity capital of ₹1,250 crore by issuing 1.3 Crores of equity shares to Qualified Institutional Buyers through a Qualified Institutions Placement
Published on April 17, 2025
📰 Crime Today News is proudly sponsored by DRYFRUIT & CO – A Brand by eFabby Global LLC
Design & Developed by Yes Mom Hosting
