GNA Axles’ to avail term loan of Rs 60 crore from Central Bank of India

GNA Axles’ board has approved the proposal to avail a term loan of Rs 60 crore for purchase of machinery from Central Bank of India. The Legal, Banking and Finance Committee of the Board of Directors of the company, in its meeting held on October 16, 2018 has considered and approved the same. GNA Axles … Read more

Reliance Industries’ arm acquires stake in SkyTran

Reliance Industries’ (RIL) wholly owned subsidiary — Reliance Industrial Investments and Holdings has successfully acquired 12.7% shareholding (on fully diluted basis) in SkyTran Inc. (SkyTran), a US incorporated venture-funded technology company developing state of the art technology in the field of Personal Rapid Transit Systems. The company has made the investment in SkyTran with the … Read more

Intellect’s iGTB enters into collaboration agreement with Bolero International

Intellect Global Transaction Banking (iGTB), the transaction banking and technology specialist from Intellect Design Arena, has entered into a collaboration agreement with Bolero International, the world’s premier trade digitization experts, with goals to make trade safer, smarter and faster. Both firms are looking at exploring developments of digitally-led commercial trade and supply chain finance business … Read more

Zydus Cadila receives approval from USFDA for Colchicine Tablets

Zydus Cadila has received tentative approval from the US Food and Drug Administration (USFDA) to market Colchicine Tablets USP (US RLD – ColcyrsTM), 0.6 mg. It will be manufactured at the group’s formulations manufacturing facility at SEZ, Ahmedabad. This medication is used to prevent or treat attacks of gout (also called gouty arthritis). This condition … Read more

LTTS features as leader in 6 market categories across 3 industries for US market

L&T Technology Services (LTTS) has been rated as a leader in 6 market categories across 3 industries for the US market in the inaugural edition of Provider Lens survey by ISG (Information Services Group). The survey by ISG is the first-ever service provider ranking on Product Engineering, Manufacturing, Plant/Process Engineering and Software Digital & Platform … Read more

Zydus Cadila gets final approval from USFDA for Clobetasol Propionate Cream

Zydus Cadila has received the final approval from the US Food and Drug Administration (USFDA) to market Clobetasol Propionate Cream, (USRLD Temovate Cream), 0.05%. It will be manufactured at the group’s formulations manufacturing facility at SEZ, Ahmedabad. Clobetasol Propionate is a topical (for the skin) steroid used to treat inflammation and itching caused by a … Read more

Creative Eye’s TV serial wins Zee Rishtey Awards 2018

Creative Eye’s prestigious serial ‘Ishq Subhan Allah’ produced by Dheeraj Kumar, Zuby Kochhar, Sunil Gupta is being shown on ZEE TV, Monday to Friday won ‘Zee Rishtey Awards 2018’ for Favourite Dharavahik serial at a glittering function held annually every year. The ‘Ishq Subhan Allah’ is a path breaking serial for the channel and it … Read more

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