Editor

Biocon is retaining economic interest in global commercialization of Hulio, (biosimilar Adalimumab) in-licensed by Mylan. Following the successful approval and European launch of Hulio, (biosimilar Adalimumab) in-licensed by the company’s partner Mylan from Fujifilm Kyowa Kirin Biologics, the commercialization rights have been extended from Europe to Global Markets. Biocon, under the terms of its global … Read more

Ratnamani Metals & Tubes has received new order of Rs 255.15 crore from Oil & Gas Sector. The order is for supplying Coated CS Pipes which is to be completed between September, 2019 to March, 2020. Ratnamani Metals & Tubes is a multi-location, multi-product company, in India, manufacturing Tubes & Pipes in Stainless Steel/Exotic material … Read more

Dynamatic Technologies’ Aerospace Division located at Bangalore, India has been converted from Domestic Tariff Area (DTA) to an Export Oriented Undertaking (EOU) under the existing Foreign Trade Policy 2015-2020. In this context, the requisite Letter of Permission (LoP) and Green Card has been issued and all registration formalities have been completed with Customs authorities and … Read more

Bajaj Finance has reached out to 18.6 million customers pan India through the ‘Bijli on EMI’ campaign and has been successful in penetrating in tier 1 and tier 2 cities along with the metros. It has received a great response for the ‘AC on EMI and Bijli Bill on EMI’ proposition as customers all over … Read more

BSE has reported results for fourth quarter and year ended March 31, 2019. The company has reported a fall of 28.24% in its net profit at Rs 43.85 crore for the quarter under review as compared to Rs 61.11crore for the same quarter in the previous year. Total income of the company decreased by 10.25% … Read more

Natco Pharma’s marketing partner Alvogen has received the final approval of Abbreviated New Drug Application (ANDA) from the U.S. Food and Drug Administration (USFDA) for Nitroglycerin Sublingual Tablets USP, 0.3 mg, 0.4 mg, and 0.6 mg. Nitroglycerin sublingual tablets are used to treat episodes of angina (chest pain) in people who have coronary artery disease … Read more

Reliance Industries’ (RIL) telecom arm — Reliance Jio Infocomm (Jio) has won 3 awards at Golden Globe Tigers Award 2019. Jio and two of its pioneering initiatives have been recognized for bringing unique and meaningful benefits of digital life to Indians. Jio was conferred the Market Leadership Award for connecting over 300 million Indians on … Read more

Yes Bank has acquired eight crore shares in CG Power and Industrial Solutions which were pledged to it by a borrower. The acquired shares represent 12.79% ownership in the company and will be valued at Rs 292.56 crore as per the Tuesday’s close. Yes Bank is engaged in providing banking services, including corporate and institutional … Read more

DCB Bank is aiming to double the size of its balance sheet in the next three-four years. The branch expansion of the Bank has been completed and they have started to give results. Besides, the Bank is focusing on SME, agri, retail, commercial vehicles and small-ticket loans. DCB Bank is one of the emerging private … Read more

Steel Authority of India (SAIL) is supplying parallel beam electric poles for restoration works in the cyclone-affected areas of Odisha. The Ministry of Steel has directed SAIL to ensure all-out efforts to meet the requirements of cyclone-hit Odisha. SAIL is India’s largest steel producing company. The company is among the five Maharatnas of the country’s … Read more

Lemnisk has entered into partnership with Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, as part of their Finacle FinTech Connect program. Finacle FinTech Connect is an ecosystem innovation initiative that brings together banks, FinTechs, and Finacle. Through the program, Finacle identifies promising FinTech solutions from across the world and co-innovates with … Read more

DLF has been honoured with prestigious awards at The Golden Globe Tigers Awards 2019 (For Excellence and Leadership in Real Estate Management) held at Kuala Lumpur, Malaysia on April 24. DLF won awards in four categories. While DLF backed the Developer of the year- Luxury and Developer of the year – Residential, two of its … Read more

ABB India has reported results for first quarter ended March 31, 2019. The company has reported 13.37% rise in its net profit at Rs 116.19 crore for the quarter under review as compared to Rs 102.49 crore for the same quarter in the previous year. Total income of the company increased by 17.62% at Rs … Read more

UNAIDS has signed a non-exclusive Long-Term Agreement (LTA) with Trigyn Technologies’ wholly owned subsidiary — Trigyn Technologies Inc., for providing Open source IT services such as Drupal/PHP and Django/Python. This LTA will be for two years (May 2021). Under this LTA, Trigyn Technologies Inc. will provide onsite as well as offsite technical and function resources … Read more

Vakrangee has entered into alliance with Dish TV India for distribution of subscription recharge and providing collection services for both its brands – DishTV and d2h. This alliance will help consumers to avail the DTH services of DishTV and d2h brands in the remote areas and increase their reach in the underserved and unserved areas. … Read more

HCL Technologies has participated at SAPPHIRE NOW and ASUG Annual Conference being held May 7- 9, 2019 in Orlando, Florida. The company will showcase a joint demo with Sierra Wireless, a leading provider of fully integrated device-to-cloud solutions for the Internet of Things (IoT), on the Smart Logistics for Inventory Tracking 1.0 Accelerator powered by … Read more

FDC has reported fire incident occurred at the company’s Plant located at Roha, MIDC Area in state of Maharashtra on May 03, 2019. However the fire was quickly brought under control. Though the production was disrupted for few hours due to said incident, there is no significant impact on the operations of the Company. While … Read more

Aditya Birla Fashion and Retail’s menswear brand — Peter England has joined forces with the champions of Chennai Super Kings to celebrate the fashion extravaganza ‘Great Fashion at 999’. The latest campaign highlights the brand’s offering of different styles across categories starting from Rs 999. This consolidates the brand’s commitment to contemporary, smart, casual style … Read more

ICICI Bank has contributed Rs 10 crore to aid the state government and the local authorities in their efforts to provide relief and assistance in the areas affected by cyclone Fani in Odisha. The major part of this contribution has been extended to the Chief Minister’s Relief Fund. The Bank also contributed at the district … Read more

Kothari Sugars & Chemicals has closed its crushing operations at Kattur Sugar Unit on May 06, 2019 for the sugar season 2018-2019. Earlier, the company had commenced the Sugarcane crushing operations for the season 2018-2019 at its Kattur Sugar unit on December 10, 2018. Kothari Sugars & Chemicals, the flagship company of HC Kothari Group, … Read more