Reliance Industries’ telecom arm crosses 300 million customers mark

Reliance Industries’ (RIL) telecom arm — Reliance Jio Infocomm (Jio) has crossed the 300 million customers mark in two-and-a-half years of its operations. The milestone was reached on March 2. Jio became the fastest company in the world to achieve 100 million telecom subscribers in 170 days of starting commercial operation. Reliance Industries is India’s … Read more

Dr. Reddy’s Lab to acquire portfolio of 42 ANDAs in US

Dr. Reddy’s Laboratories has entered into a definitive agreement to acquire a portfolio of 42 approved, non-marketed Abbreviated New Drug Applications (ANDAs) in the US. The portfolio includes more than 30 generic injectable products. These products will require to be technology transferred and could be launched within the next one to two years. The value … Read more

USFDA completes inspection of Wockhardt’s Bioequivalence Centre

The United States Food & Drug Administration (USFDA) has carried out inspection of Wockhardt’s Bioequivalence Centre located at R&D Centre, Aurangabad in the state of Maharashtra. During which Bioequivalence studies of Tamsulosin 0.4mg capsules and Metoprolol Tartrate 200mg ER tablets were audited. At the end of inspection, there was nil observation (i.e. zero 483 observation), … Read more

SpiceJet flies high on the bourses

Mumbai : Spicejet is currently trading at Rs. 116.65, up by 6.75 points or 6.14% from its previous closing of Rs. 109.90 on the BSE. The scrip opened at Rs. 113.20 and has touched a high and low of Rs. 118.00 and Rs. 113.20 respectively. So far 1008875 shares were traded on the counter. The … Read more

Bank of Baroda gains on the BSE

Mumbai : Bank of Baroda is currently trading at Rs. 131.35, up by 0.60 points or 0.46% from its previous closing of Rs. 130.75 on the BSE. The scrip opened at Rs. 131.45 and has touched a high and low of Rs. 131.80 and Rs. 130.85 respectively. So far 60708 shares were traded on the … Read more

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