Unichem Laboratories gets EIR from USFDA

Unichem Laboratories has received Establishment Inspection Report (EIR) for the Post Marketing Adverse Drug Experience inspection conducted at Unichem Bhavan, Prabhat Esate in Mumbai by the US Food and Drug Administration (USFDA) from June 25, 2018 to June 29, 2018, indicating closure of inspection. Unichem Laboratories is an international, integrated, specialty pharmaceutical company. It manufactures … Read more

IIFL Holdings’ arm to acquire strategic stake in Trendlyne

IIFL Holdings’ subsidiary — IIFL Securities — is in the process of acquiring 15% strategic stake in Bangalore based fin-tech startup Trendlyne (Giskard Datatech), a stock market analytics platform for retail investors, analysts, fund managers and advisors. The investment will allow IIFL and Trendlyne to mutually partner and integrate superior user features like Superstar Portfolios … Read more

Paul Merchants hikes stake in Paul Merchants Finance

Paul Merchants has acquired 11,00,000 equity shares of Paul Merchants Finance (formerly known as Paul Fincap) from its existing shareholder. Now, the shareholding of company in the Paul Merchants Finance has increased to 96.87%. Earlier, the company had decided to make Paul Merchants Finance, its wholly owned subsidiary by acquiring 100% paid up equity share … Read more

Choice International enters into agreement with Aqua Pumps Infra Venture

Choice International has entered into a share purchase agreement (SPA) on November 26, 2018 for sale of its 19.51% stake in Aqua Pumps Infra Venture consisting of 29,52,850 equity shares at a Price of Rs 25 each resulting in a total cash consideration of Rs 7,38,21,250. Choice International offers services in area of project financing, … Read more

Sagar Cements plans to setup new cement manufacturing plant

Sagar Cements is planning to expand the company’s market reach by setting-up of an integrated cement manufacturing plant and a grinding unit of appropriate capacities in suitable locations and to raise funds through one or more modes available to the company for the said and other purposes. The Board of Directors of the Company at … Read more

Chemfab Alkalis enters into business agreement with Floking Pipes

Chemfab Alkalis has entered in to a business agreement with Floking Pipes for exclusive marketing rights of Floking Pipes PVC-O pipes capacity. Chemfab Alkalis is the first Chloralkali Plant in India, to introduce and successfully implement Ion Exchange Membrane Cell technology for Chlor-alkali production, in 1985. Bhupendra Singh ChundawatBhupendra Singh Chundawat is a seasoned technology … Read more

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