Archive · 20 Jul 2026

Corporate Updates: IPOs, USFDA Approvals, and Strategic Partnerships

Corporate Updates: IPOs, USFDA Approvals, and Strategic Partnerships

Several Indian companies have announced significant updates.

JSW Steel plans to sell shares worth ₹811 crore in an IPO.

Alembic Pharmaceuticals' partner received USFDA approval for a generic drug.

Cipla faced a minor observation in a USFDA inspection.

Laser Power & Infra secured a ₹4.15 crore order for advanced conductors.

5Paisa Capital partnered with OpenAI to integrate AI in investing.

Prestige Estates launched new housing projects worth ₹12,000 crore.

NTPC started a new solar power plant, and GAIL (India) signed an agreement for critical minerals.

NBCC (India) merged a subsidiary, Sterlite Technologies launched a new product in the U.S., Navneet Education partially sold a stake for ₹329.68 crore, Avantel received a ₹20.81 crore order, and Samvardhana Motherson got court permission for an acquisition.

These updates show companies expanding and improving their operations.

Sources