Strides Pharma re-launching Ranitidine tablets for the US market
Strides Pharma re-launching Ranitidine tablets for the US market
Strides Pharma announced that it is re-launching Ranitidine tablets for the US market.
PNB Housing Finance raised Rs. 2,500s crores from LIC
PNB Housing Finance, a premier housing finance company in India, has raised Rs. 2,500 crores through the issue of secured redeemable nonconvertible debentures (NCDs).
Sun Pharma entered into an agreement with AstraZeneca
Sun Pharmaceutical Industries (Sun Pharma) announced that it has entered into a licensing agreement with AstraZeneca UK Ltd. (AstraZeneca) to introduce certain new ready to-use (RTU) infusion oncology products in China. These products will help in cancer treatments. The agreement will play a big role in bringing cost-effective and quality drugs to patients in China.
Cochin Shipyard signs the Phase-III contract with Indian Navy
Cochin Shipyard Limited on Friday informed that it has signed the Phase-III contract for Construction of the Indigenous Aircraft Carrier for Indian Navy.
ICICI Lombard partners with Karur Vysya Bank
On Wednesday, ICICI Lombard announced a bancassurance tie-up with Karur Vysya Bank. The association will provide the bank’s customers an access to their insurer’s portfolio and make insurance more accessible to its customers across India.
TVS Motor and Cadisa Group in Strategic Partnership
TVS Motor company announced their partnership with Cadisa Group for Guatemala and EI Salvador on Wednesday.
Intellect Design Arena will offer digital solutions to The Commonwealth Trade Bank.
Intellect Design Arena announced that it would offer its Digital Core solution, IDC 19.1, to the UK-based The Commonwealth Trade Bank.
Piramal Enterprises dips by 8.67 per cent after raising capital
Piramal Enterprises announced that its Board has approved fresh capital raise of Rs. 5,400 crores through a Rights Issue and preferential allotment of Compulsory Convertible Debentures (CCDs).
Dixon to manufacture mobile phones for Samsung
Dixon Technologies and Samsung India Electronics, entered into an agreement for manufacturing Mobile Phones. Dixon will be manufacturing feature phones for Samsung from its new manufacturing facility located at Noida, Uttar Pradesh.
Q2 scorecard of Bandhan Bank
Bandhan Bank on Thursday announced its result for second quarter. The Net Profit of the bank rose by 99.18 per cent to Rs. 972 crore against Rs 488 crore in same quarter previous year. However, the numbers for this quarter are not comparable to the same quarter last year due to its merger with Gruh Finance.
USFDA has approved Alembic Pharmaceutical's ANDA
USFDA has approved Alembic Pharmaceutical's ANDA
Alembic Pharmaceuticals announced that its joint venture named Aleor Dermaceuticals received approval for Desonide Ointment, 0.05 per cent from USFDA.
Dr. Reddy's Lab. voluntarily recalls all Ranitidine medicines from US market
Dr Reddy's Laboratories on Wednesday said that it has voluntarily recalled all its Ranitidine medicines from US market due to contamination with probable cancer causing N-Nitrosodimethylamine (NDMA).