PM Modi interacts with top business leaders in Tokyo

He also addressed Business Symposium on “Make in India, Digital Partnership and India-Japan Partnership in Africa”. PM Modi recounted India’s growth story over the last four years. He said that India-Japan ties have grown stronger over the past four years. Both countries believe in mutual co existence. Prime Minister Modi hailed the partnership that India … Read more

Cyient inks non-exclusive business alliance with Suntech

Cyient has signed a non-exclusive business alliance agreement with Suntech. Through this agreement, Cyient and Suntech intend to jointly pursue business opportunities globally in the communications industry by leveraging their technical proficiency, market reach, and domain knowledge. The company’s expertise in system integration, operational excellence and global delivery model combined with Suntech’s advanced and specialized … Read more

Quantum Build-Tech planning to expand, diversify business activities

Quantum Build-Tech is planning for expansion and diversification of business activities of the company. The meeting of Board of Directors of the company will be held on October 27, 2018, to consider the same. Quantum Build-Tech is a public limited company listed with Hyderabad & Bangalore Stock Exchanges. Initially the company was able to develop … Read more

RIL reports more than double growth in retail business revenue in Q2FY19

Reliance Industries (RIL) has reported more than double growth in retail business revenue for the quarter ended September 30, 2018. Revenue of retail business for Q2FY19 grew by 121.5% Y-o-Y to Rs 32,436 crore from Rs 14,646 crore. Accelerated store expansion, strong value proposition and focus on customer experience across all consumption baskets has resulted … Read more

Innovative Ideals wins ‘GoGlobal Business Excellence Award’

Innovative Ideals and Services (India) has received ‘GoGlobal Business Excellence Award’ organised by Shine GoGlobal Company, Singapore a platform where SMEs meet Investors Providing Effective connections and Value-added funding sources held on October 13, 2018 in Malaysia. Innovative Ideals and Services (India) started its business as a proprietorship firm trading security equipment imported from Korea. … Read more

Dr. Reddy’s Lab sells Jeedimetla API manufacturing business unit to Therapiva

Dr. Reddy’s Laboratories has entered into a definitive agreement for the sale of its API manufacturing business unit located in Jeedimetla in Hyderabad, to Therapiva an emerging generics pharmaceutical company. This divestiture is being done by way of slump sale (as a going concern) and includes all related fixed assets (land and building), current assets, … Read more

Glenmark Pharmaceuticals executes agreement to transfer its API business

Glenmark Pharmaceuticals has executed business purchase agreement for transfer of the company’s API business to its wholly owned subsidiary — Glenmark Life Sciences on October 9, 2018. The transaction is expected to be completed in the next 2-3 months. Glenmark Pharmaceuticals is a global pharmaceutical company. The company is engaged in the development of new … Read more

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