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Prataap Snacks acquires 76.88% stake in Avadh

Prataap Snacks has completed the acquisition of 76.88% of the share capital of Avadh Snacks (Avadh) from certain of its existing shareholders on October 4, 2018. Earlier, the Board of Directors of the company in a meeting held on October 1, 2018, took note and approved the payment made towards ... Read More »

Vivimed Labs’ API manufacturing facility gets EIR from USFDA

Vivimed Labs’ API manufacturing facility located in Cuernavaca, Mexico has been inspected by the US Food and Drug Administration (USFDA). The inspection was successful and company obtained Establishment Inspection Report (EIR). This was a routine inspection by the USFDA. Vivimed Labs is engaged in providing specialty chemicals and pharmaceuticals products. ... Read More »

Cadila Healthcare’s Biologics manufacturing facility gets EIR from USFDA

Cadila Healthcare’s Biologics manufacturing facility (Zydus Biologics) located at Ahmedabad has received an Establishment Inspection Report (EIR) from US Food and Drug Administration (USFDA) signifying the successful closure of the audit from August 14 to August 24, 2018, with zero 483 observations. Cadila Healthcare is an India-based pharmaceutical company. The ... Read More »

SSWL bags exports order from OPEL Spain

Steel Strips Wheels (SSWL) has bagged a new Exports order from OPEL Spain (Group PSA Company) for steel wheels. Order comprises of more than 650,000 wheels to be shipped in period of 6 years starting October 2019. Total order value is over euro 6 million. This order will help the ... Read More »

VXL Instruments sells property in Bengaluru to Methode Electronics

VXL Instruments has sold its Property situated in Electronic City, West Phase, Konappana Agrahara Grama Panchayat, Bengaluru South Taluk in Bengaluru to Methode Electronics India. The land & building which the company has sold was developed for a different product era which was being manufactured by the company. These products ... Read More »

Dilip Buildcon receives LoA for EPC project worth Rs 601.02 crore

Dilip Buildcon has received Letter of Acceptance (LoA) for a new EPC project ‘Navnera Barrage (Dam) under Phase – I/(A)’, valued at Rs 601.02 crore by the Water Resource Department, Kota in the state of Rajasthan. The project is for survey, planning, design, construction of Navnera Barrage including Hydro Mechanical ... Read More »

Dish TV launches ‘Thriller Active’ service on DishTV, D2H

Dish TV India has introduced a never heard before value added service – ‘Thriller Active’ offering best thriller and horror TV shows and movies to Indian audiences on its both brands; DishTV and D2H. The first of its kind service is being offered in partnership with Shemaroo Entertainment, one of ... Read More »

US markets decline on Thursday as treasury yields extend climb

The US markets declined on Thursday as a recent jump by US treasury yields has raised concerns about the outlook for interest rates. With the ten-year yield reaching its highest levels in over seven years, traders seem worried the Federal Reserve may raise rates more aggressively than currently anticipated. Adding ... Read More »

Cosmo Films launches upgraded version of synthetic paper

Cosmo Films has launched an upgraded version of synthetic paper which could replace paper in several applications. The company plans to revolutionize the paper industry in the country. As the name suggests, it is paper which is not sourced naturally and actually a BOPP film which appears and behaves like ... Read More »

Asian markets end lower on Thursday

Asian markets ended lower on Thursday after upbeat US economic data drove 10-year US Treasury yields to their highest level since 2011, raising concerns the Federal Reserve may raise interest rates aggressively. A report from ADP and Moody’s Analytics showed private payrolls in the US increasing by 230,000 in September ... Read More »

Dixon Technologies commences manufacturing of Mi LED TVs for Xiaomi

Dixon Technologies (India) has commenced manufacturing of Mi LED TVs for Xiaomi. The said manufacturing will take place from Dixon’s state of the Art manufacturing facility located at Tirupati in the state of Andhra Pradesh. Dixon Technologies (India) is the largest home grown design-focused and solutions company engaged in manufacturing ... Read More »

Lupin launches generic Potassium Chloride Oral Solution

Lupin has launched Potassium Chloride Oral Solution USP, 20 mEq/15mL (10%) and 40 mEq/15 mL (20%), having received an approval from the United States Food and Drug Administration (USFDA) earlier. The company’s Potassium Chloride Oral Solution USP, 20 mEq/15mL (10%) and 40 mEq/15 mL (20%), is the generic equivalent of ... Read More »

Maruti Suzuki trades higher on the bourses

Maruti Suzuki India is currently trading at Rs. 7273.20, up by 21.60 points or 0.30% from its previous closing of Rs. 7251.60 on the BSE. The scrip opened at Rs. 7200.00 and has touched a high and low of Rs. 7278.05 and Rs. 7023.55 respectively. So far 84715 shares were ... Read More »