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Alembic Pharmaceuticals receives USFDA tentative approval for Larotrectinib Capsules
Alembic Pharmaceuticals has received tentative approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) Larotrectinib Capsules, 25 mg and 100 mg. The approved ANDA is therapeutically equivalent to the reference listed drug product (RLD), Vitrakvi Capsules, 25 mg and 100 mg, of Bayer Healthcare Pharmaceuticals Inc. (Bayer).
Further price hikes likely in food, personal care products as raw material costs rise: Report
Prices of everyday products are set to increase. Companies face rising raw material costs, leading to hikes and smaller product sizes. Food, beverage, home, and personal care items will be affected. This trend is expected in the coming months. Companies are using price increases and cost savings to manage. Retail inflation may impact buying habits. Gross margins are under pressure.
Food packs still don't tell the full story: Firms make selective label changes as FSSAI rules gather dust
Food companies are now adding voluntary health information to some product labels. These front-of-pack declarations mention sugar, salt, and fat content. This comes as consumers demand more transparency. However, health experts say these limited changes are not enough. Standardized, mandatory labels are needed to truly curb unhealthy food consumption. FSSAI's long-pending regulations remain undecided.
Hatsun Agro Q4 PAT climbs 18% YoY to Rs 51 cr
Hatsun Agro Product's standalone net profit jumped 18.3% to Rs 50.89 crore on 14.9% increase in revenue from operations to Rs 2,577.63 crore in Q4 FY26 over Q4 FY25.
Hatsun Agro Q4 profit rises 18% despite margin pressure; dividend declared
Hatsun Agro Product reported healthy fourth-quarter growth driven by strong revenue momentum, while margins moderated during the quarter. The company also announced an interim dividend for FY27.
CCPA Orders Investigation Into Agro-Chemical Product Delisted By Amazon, Flipkart, Meesho And Jiomart
The authority noted that such omissions had the potential to mislead consumers.
Britannia bets on ‘Many Indias’ strategy amid inflation, shifting consumer demand
Britannia is adopting a 'Many Indias' strategy. Startup-style teams will gain local decision-making power. This move aims to boost agility and product customisation for regional markets. The company is also investing in premium products and new food categories. These changes are expected to yield results in the coming quarters.
Zappfresh in talks for majority stake in GM Foods
Zappfresh is in discussions to acquire a majority stake in GM Foods. This move aims to expand Zappfresh's product offerings. The company is also strengthening its presence in the frozen vegetarian snacks market. This potential deal follows Zappfresh's recent acquisitions. It signals Zappfresh's strategy to increase competition in the food delivery sector.
Lupin launches generic anti-diabetic tablets in US
Pharma major Lupin has launched its generic anti-diabetic medicine in the United States. The medicine is dapagliflozin and metformin hydrochloride extended-release tablets. The US Food and Drug Administration approved the drug. Lupin's product is bioequivalent to Xigduo XR. This launch offers a new treatment option for diabetic patients in the US.
GRB bets beyond ghee as value-added dairy heats up competition
The shift underscores a broader challenge for legacy food brands built around a single product: how to stretch beyond a strong core identity without diluting brand recall. For GRB, which was founded in 1984 and whose name is synonymous with ghee, that transition has meant launching new categories.
NCLT approves merger of Milk Mantra Dairy with Hatsun Agro Product
NCLT, Cuttack Bench approves Hatsun Agro's merger with Milk Mantra Dairy, effective April 1, 2025, to enhance operational synergies. Shares of Hatsun Agro Product Ltd ended lower on Wednesday, March 11, by 1.59% at 910.55 rupees on the NSE.
Stocks to Watch Today: Wipro, Omnitech, KEC International, Motherson, Vascon Engineers, Borosil, Relaxo Footwears, Hatsun Agro, Redington in focus on 12 March
Stocks to Watch, 12 March: Stocks like Wipro, Omnitech Engineering, KEC International, Samvardhana Motherson International, Vascon Engineers, Borosil, Relaxo Footwears, Mahanagar Gas, Hatsun Agro Product, Bharat Forge, Everest Industries, and Redington will be in focus on March 12.