LivePresident Kovind gives approval to ordinance for amending IBC
President Ram Nath Kovind has given approval to ordinance for amending the Insolvency and Bankruptcy Code (IBC). Now, the ordinance will be presented in the...
Category : Latest News
Everstone Group acquires Chemopharm
Everstone Group, an Indian private equity firm has acquired Malaysian medical devices firm Chemopharm, for an amount which is not disclosed. As per Amit Manocha, Everstone Group’s...
Cadila receives USFDA approval, to sell erectile dysfunction drug
Zydus Cadila has received approval to market Tadalafil tablets in the US market, from the US health regulator. It is used for treatment of erectile dysfunction and...
Biocon launches cancer drug KRABEVA, in India
Biocon has launched KRABEVA, a biosimilar Bevacizumab, in India. It is used for treating patients with metastatic colorectal cancer and other types of lung, kidney, cervical, ovarian...
Thomas Cook to divest 5.42% stake in Quess Corp
Thomas Cook India has received approval from its board, to sell 5.42% stake in its subsidiary Quess Corp, with a view to raise fund of...
Ramco Systems bags order from LBC Express
Ramco Systems, which is a enterprise software provider, has received a a multi-million dollar repeat order, from Philippines-based LBC Express, to merge and automate its logistics...
BoI gets green signal from Sebi, to raise up to Rs.3,000 crore
Bank of India (BoI) has received approval from Sebi, for its proposal to raise up to Rs.3,000 crore via Qualified Institutional Placement (QIP). In a...
Cabinet Clears Changes to Insolvency Law
The Union Cabinet has cleared the ordinance for making changes to the Insolvency and Bankruptcy Code (IBC). The IBC is likely to help in streamlining...
Sequoia Capital offloads around 1% stake in Just Dial
Sequoia Capital, a venture capital firm has sold around 1% stake, in Just Dial via an open market transaction. As per a BSE filing, Sequoia...
Glenmark receives consent for contraceptive drug from USFDA
Glenmark Pharmaceuticals has received final approval from the US health regulator, for a generic version of Loestrin tablets, which is used to prevent pregnancy. In...