LiveSun Pharma receives USFDA acceptance for new drug application
The US health regulator has accepted a new drug application (NDA) for an ophthalmic solution, which was filed by Sun Pharma’s wholly owned subsidiary. In...
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Prestige Estates Projects to buy 66.66% stake in Prestige Projects
Prestige Estate Projects to acquire stake in the group company, Prestige Projects. It is expected that the acquisition will be completed before January 31,2018. Prestige...
RCom announces new resolution plan
Reliance Communications (RCom) has announced a new resolution plan for reducing its debt by up to Rs.39,000 crore via prepayment and form a new RCom...
Dr.Reddy introduces anti-cancer injection in US market
Dr Reddy’s Laboratories has launched Melphalan Hydrochloride for Injection, a therapeutic equivalent generic version of Alkeran (melphalan hydrochloride) for Injection, in the United States market. This...
L&T wins orders worth Rs.3,355 crore
Larsen & Toubro’s (L&T) construction arm has bagged orders worth Rs.3,355 crore. In a BSE filing the company stated, “The buildings and factories business of...
Coromandel International to acquire bio-pesticides biz of EID Parry
Coromandel International will acquire bio-pesticides business of EID Parry for Rs.338 crore. This acquisition is subject to receipt of approval from shareholders and other authorities....
Welspun Corp bags order for supply of 124 K MTs pipes
Welspun Corp has received an order for supply of 124 K MTs pipes. With this, the current order book of the company stands at 1,198 K MTs...
Tata Power bags mining license in Russia
Tata Power’s Russian subsidiary, Far Eastern Natural Resources LLC has won the mining licence for a thermal coal mine in Kamchatka province in far east Russia....
Alembic’s associate company receives USFDA approval for cancer drug
Alembic Pharmaceuticals associate company Rhizen Pharmaceuticals has received approval from USFDA for cancer drug. According to a BSE release, “Rhizen Pharmaceuticals S.A. today announced that...
TechM acquires 22.14% stake in Comviva for Rs.227 crore
Tech Mahindra has acquired an additional of 22.14% stake in Comviva Technologies Ltd (CTL) from Bharti Group for Rs.226.9 crore. The company stated, “Tech Mahindra...