Granules India’s arm gets USFDA nod for ANDA

The US Food & Drug Administration (USFDA) has approved the Abbreviated New Drug Application (ANDA) filed by Granules India’s subsidiary — Granules Pharmaceuticals, through its US agent First Time US Generics LLC, for Methylphenidate Hydrochloride Extended-Release Tablets USP, 10 mg and 20 mg. The approved ANDA is therapeutically equivalent to the reference listed drug ‘Ritalin … Read more

Bodhtree Consulting signs partnership with AutomationEdge

Bodhtree Consulting has signed partnership agreement with AutomationEdge, a leading Robotic Process Automation (RPA) and IT Process Automation (ITPA) solution provider. The scope of work includes to provide Automation Edge’s RPA and ITPA solutions to Bodhtree customers. This collaboration will accelerate the automation of business operation for users of cloud analytics and other digital solutions. … Read more

Karnataka Bank inaugurates 823rd branch in Telangana

Karnataka Bank has inaugurated its 823rd branch at Hyderabad- Hafeezpet in the state of Telangana on November 15, 2018. Earlier, the Bank had opened 822nd branch at Hyderabad- Gachibowli. Karnataka Bank operates as a private sector bank. Its products and services include current account, demand, time, cumulative, cash certificates, insurance linked savings bank deposits, resident … Read more

Aurobindo Pharma reports 22% fall in Q2 consolidated net profit

Aurobindo Pharma has reported results for second quarter ended September 30, 2018. The company has reported a fall of 49.40% in its net profit at Rs 380.95 crore for the quarter under review as compared to Rs 752.83 crore for the same quarter in the previous year. However, total income of the company increased by … Read more

Aurobindo Pharma’s arm enters into agreement with Advent Pharma

Aurobindo Pharma’s wholly owned subsidiary — Aurobindo Pharma USA Inc. — has entered into an agreement to acquire a product under development and related assets from Advent Pharmaceuticals Pty, Australia, through AuroScience Pty, Melbourne, a 100% subsidiary of Aurobindo Pharma USA Inc. This acquisition will provide an opportunity to acquire assets that would be used … Read more

BHEL commissions 120 MW Pulichintala HEP in Telangana

Bharat Heavy Electricals (BHEL) has successfully commissioned the 120 MW Pulichintala Hydro-Electric Project (HEP) in Telangana, with the commissioning of the fourth and final 30 MW hydro generating unit. The other three units of the 4×30 MW Pulichintala HEP, commissioned earlier by BHEL, have been operating successfully. Located in Suryapet district of Telangana, the greenfield … Read more

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