LiveSun Pharma recalls 2 lots of diabetes drug
US based subsidiary of Sun Pharma, Sun Pharmaceutical Industries Inc (SPII) has voluntarily recalled 2 lots of diabetes drug Riomet, due to microbial contamination. Riomet is...
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L&T construction arm bags order worth Rs.3,572 crore
L&T construction arm has bagged orders worth Rs.3,572 crore across various business segments. L&T’s transportation infrastructure business has won contract worth Rs.1,358 crore from Bangalore International Airport,...
S&P keeps outlook on India stable: No upgrade
Global ratings agency Standard & Poor’s (S&P) has maintained Status Quo rating for India. It means that there is no upgradation for India from the...
Skoda to increase prices of vehicles in India from January
Skoda Auto India will increase prices of its vehicles by 2-3%, across its entire model range, effective from January 1.2018. The company currently sells 4...
NPPA has capped prices of 51 essential formulations
The prices of 51 essential formulations, including those used for the treatment of cancer, kidney diseases, cardiac and skin problems has been capped by national drug...
Mahindra ties up with Uber for deployment of electric vehicles in India
Mahindra and Mahindra has entered into partnership with Uber India, to deploy electric vehicles, on their platform in various cities across India. Mahindra’s electric vehicles,...
RIL divests stake in Marcellus Shale
Reliance Industries (RIL) has divested its stake in one of the 3 shale gas assets in the US, to BKV Chelsea for USD 126 million. As per...
Cadila receives USFDA approval for acne drug
Zydus Cadila has received final approval to market minocycline hydrochloride extended release tablets, which is used for treating acne, from the US health regulator. The drug...
EFSL raised Rs.1,527 crore via QIP
Edelweiss Financial Services (EFSL) has raised Rs.1,527.75 crore via the Qualified Institutions Placement (QIP) route. As per the company, “This is the first equity fund...
Lotte acquires Havmor Ice Cream for Rs.1,020 crore
South Korea’s Lotte Confectionery, has acquired Ahemdabad headquartered ice-cream maker Havmor Ice Cream Ltd (HIL), for Rs.1,020 crore in an all stock deal. Pradeep Chona,...