Fortis has completed $14.9 million acquisition of Singapore firm
One of the subsidiaries of Fortis Healthcare has fully acquired Religare Health Trust Trustee Manager for USD 14.9 million (about Rs 100 crore). In November,...
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Aurobindo Pharma has received USFDA approval for Isosulfan Blue injection
Aurobindo Pharma has got the final approval of the US health regulator for manufacturing and marketing generic Isosulfan Blue injection in the American market. Aurobindo...
Ashok Leyland aims to set up 2 plants in Africa, expand UAE facility
Ashok Leyland, Hinduja flagship firm is planning to set up two assembly plants in Africa besides doubling capacity at Ras al-Khaimah facility in the UAE...
Mula SSK has got the permission for Rs 283.57 crore expansion project
Mula SSK Ltd, the sugar company has been given approval for expansion of its sugar, distillery and cogeneration units in Ahmednagar, with an investment of...
RBI allows full stake purchase by foreign investors in Vertex
The Reserve Bank of India has accorded its permission to the foreign investors for buying up to 100 percent stake in Vertex Securities under the...
Cipla patriarch Y K Hamied has increased stake in co to over 20%
Cipla patriarch Y K Hamied, through acquiring additional 5 percent stake has increased his stake in the homegrown drug major to over 20 percent. Cipla said...
Coal India arm NCL has declared interim dividend of Rs 2,644 crore
The largest coal miner of the world, CIL said that its arm Northern Coalfields has declared Rs 2,644 crore as an interim dividend for the...
Aurobindo has received USFDA approval for epilepsy, arthritis drugs
On Tuesday, Aurobindo Pharma said that it has got the final approval from the US health regulator for generic version of Levetiracetam injection which is...
M&M has completed sale of its stake in Swaraj Automotive
Mahindra & Mahindra said that the sale of its entire 71.19 percent stake in Swaraj Automotives Ltd (SAL) has been completed by it for Rs...
Ashok Leyland has launched Captain 40iT tractor
Ashok Leyland has launched the ‘Captain 40iT’ tractor, adding to its Captain series. According a release “The new Captain 40iT offers better pick-up, ease of repair...