Biocon, Aster DM Healthcare and Sunteck Realty to see some action today

Biocon has signed an exclusive licensing and supply agreement with Biomm S.A., a specialty pharmaceutical company in Brazil, for the commercialization of its vertically integrated drug product, Semaglutide (gOzempic), which is used to improve glycemic control in adults with type-2 diabetes. Under the terms of this agreement, Biocon will undertake the development, manufacturing and supply of the drug product, and Biomm will be responsible for obtaining regulatory approval and commercialization in the Brazilian market.

Aster DM Healthcare (Aster) and Malabar Institute of Medical Sciences (MIMS), a material subsidiary of Aster DM Healthcare has signed a definitive agreement on April 17, 2024, to acquire 26% stake in Oyster Green Hybrid Two. Aster and MIMS intends to meet a part of its total electricity requirement at its Facility through renewable sources of electrical energy and has accordingly approached the Power Producer to set up a captive solar power plant; Pursuant to mutual discussions, Oyster Green Hybrid Two has agreed to build, develop, install, commission, operate, manage, and maintain a 18 MWp captive solar power plant at the Project Site at Kerala. 

Sunteck Realty’s pre-sales stood at Rs 678 crore in Q4FY24 as compared to Rs 537 crore in Q4FY23 i.e. up by 26.25% on yearly basis. On quarterly basis, pre-sales were up by 49% over Rs 455 crore in Q3FY24. However, the company’s collections were down by 10.30% to Rs 296 crore in Q4FY24 against Rs 330 crore year-on-year (Y-o-Y) in Q4FY23. On quarterly basis, it declined 32.42% over collections of Rs 438 crore in Q3FY24.

Happiest Minds Technologies has developed an innovative GenAI chatbot ‘hAPPI’ for Happiest Health. The new GenAI chatbot is developed by its Generative AI Business Services (GBS) unit. A groundbreaking Generative AI-powered chatbot, poised to redefine the way individuals engage in health and wellness knowledge conversations, hAPPI represents a significant advancement in providing personalized and informative interactions for users in the healthcare domain.

Bharti Airtel has registered significant increase in 5G users across various States. The company has 5.9 million customers enjoying 5G service in the state of Tamil Nadu, 3 million customers in the state of Gujarat and 1.2 million customers in the state of Jammu, Kashmir and Ladakh. The company has registered a significant increase in 5G users in the past 6 months in various States. The Company's expansive network deployment has effectively extended its services across the entire states, greatly simplifying the process for customers to embrace 5G.

Zomato has introduced India's first large order fleet, designed to serve orders for a gathering of up to 50 people for group events like parties. Such large orders were earlier served by multiple regular fleet delivery partners.

Sonalis Consumer Products has received a Work Orders worth of Rs 35.10 crore from the MWH Multi Foods for the purpose of Serving Prime Light Food Refreshment Snacks i.e. Puff (Aloo Patty). The Order duration is to be completed within 12 Months from the April 20, 2024.