Mon, Dec 23, 2024 10:20 AM
L&T wins 'major' order worth up to ₹10,000 crore
A Flip by Shubhangi Gupta
Shilpa Medicare Ltd has received Good Manufacturing Practice (GMP) certification from a European Union (EU) agency for its Unit 7 facility in Telangana. The certification followed a successful inspection by the European Medicines Agency, Austria, held from September 24 to September 26 at the Nacharam, Hyderabad facility.
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Vinyas Innovative Technologies an electronics manufacturing services (EMS) provider, has announced the receipt of purchase orders worth Rs 390 crore from a domestic customer. The orders are based on standard terms and conditions commonly accepted by the company and do not involve any related parties. Furthermore, none of the promoter group or group companies have any interest in these contracts.
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Cigarettes are expected to be among the first products included in a track-and-trace mechanism approved by the GST Council, with pan masala also under consideration. The council, led by Finance Minister Nirmala Sitharaman, has amended the Central GST Act to enable the government to enforce this system for commodities prone to tax evasion, according to a report by The Times of India.
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