AstraZeneca Pharma India

The company has received permission from the Central Drugs Standard Control Organization to import for sale and distribution Osimertinib tablets 40 mg & 80 mg (TAGRISSO) for an additional indication. Osimertinib is used to treat non-small cell lung cancer (NSCLC) in patients who have certain types of abnormal EGFR (epidermal growth factor receptor) genes.

Godrej Properties

The real estate developer has entered into an agreement for the development of a prime land parcel in Versova, Mumbai, with an estimated developable potential of 4.4 lakh square feet of saleable area and an estimated revenue potential of Rs 1,350 crore.

Tata Motors

Jaguar Land Rover said it would pause shipments to the US in April in the wake of President Trump’s tariffs.

Mazagon Dock Shipbuilders

The Government of India has decided to exercise the oversubscription option to the extent of 47.69 lakh shares (1.18% stake) in the offer-for-sale issue of Mazagon Dock on April 7. This is in addition to the base issue size of 1.14 crore shares (2.83% stake). Retail investors will get a chance to bid for the offer-for-sale issue on April 7.

Tata Steel

The company has received an order from the Assessing Officer to reassess taxable income for the financial year 2018-19 and increase the taxable amount by Rs 25,185.51 crore (a debt that was waived off in favour of Tata Steel BSL). The company has moved the Bombay High Court against the reassessment. In May 2018, Tata Steel, through its wholly owned subsidiary Bamnipal Steel, had acquired the erstwhile Bhushan Steel (renamed as Tata Steel BSL) under the resolution process of the Insolvency and Bankruptcy Code. The company believes that the waiver of debt cannot be treated as taxable income in the hands of Tata Steel BSL.

Yes Bank

Dhavan Shah, the Country Head of SME Banking, and Akshay Sapru, the Country Head of Private Banking & Liabilities Products & Spectrum Banking Business, have quit Yes Bank, which may lead to a portfolio reshuffle among senior executives at the bank, reports CNBC-TV18, citing sources.

Federal Bank

Shalini Warrier has resigned as Executive Director of the company. The Board decided to relieve her on any date between May 15 and May 31.

Bajel Projects

The Board has appointed Nitesh Bhandari as Chief Financial Officer and Joint President of the company, effective May 1.

TVS Motor Company

The company is set to strengthen its electric vehicle (EV) presence in Southeast Asia through the integration of ION Mobility’s assets, intellectual property, and talent into its operations. Southeast Asia represents one of the world’s fastest-growing regions for motorbike usage, offering a significant opportunity for expansion.

Biocon

The Board has approved the issuance of commercial papers up to Rs 600 crore in one or more tranches on a private placement basis.

Force Motors

Total sales in March 2025 increased by 0.87% to 3,700 units compared to 3,668 units in March 2024. Domestic sales grew by 11.02% YoY to 3,606 units; however, exports fell by 77.62% to 94 units in March.

Larsen & Toubro

The company's subsidiary, L&T Energy Green Tech, has incorporated a new wholly owned subsidiary—L&T Green Energy Kandla (LTGEK)—for the development of green hydrogen and its derivatives.

Motilal Oswal Financial Services

The Dubai International Financial Centre (DIFC) has approved the incorporation of Motilal Oswal International Wealth Management (MOIWML), the wholly owned step-down subsidiary of Motilal Oswal Financial Services. MOIWML will engage in arranging deals in investments, advising on financial products, and arranging custody.

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