Both the units that manufacture active pharmaceutical ingredients (API) were inspected by US FDA in August 2017 and got two observations which were of procedural in nature.
The investment will help the company aggressively expand its sales and marketing efforts, both in India and overseas, as well as broaden and accelerate product development.
The Anand Mahindra-led automobile company has also requested Ford if it could use the American automobile giant's existing retail network in Mexico.
Following its peers, the second largest telco Vodafone India today reported a steep 39.2 percent plunge in pre-tax profit at Rs 4,075 crore for the six months to September as its revenue fell 15.8 percent to Rs 19,002 crore due to the fierce completion since the entry of Reliance Jio.
The company reported net profit of Rs 2235 crore in the same period of previous year. Revenues declined 19.5 percent to Rs 6650 crore compared to Rs 8260 crore in the year ago period.
MSSL is currently trading at reasonable valuations which warrants investors’ attention.
The petroleum ministry plans to offer 60 percent participating interest to private players in 11 oil fields operated by ONGC and 4 of Oil India.
According to a statement issued by the city-based drug maker, its generic version of the injection is available in single-dose, 20 ml flint vials containing 20 mg of clofarabine in 20 ml of solution (1mg/mL).
According to assurance, tax and advisory firm Grant Thornton's latest Dealtracker, January-October saw 624 PE deals worth of USD 16.40 billion, but the number of transactions declined by 25 per cent, indicating an increase in average deal size.
V-Mart, undoubtedly, remains a fundamentally sound pick owing to its ability to consistently deliver good margins and healthy return ratios over a period of time. However, a sharp run-up in the stock’s price over the past year leaves little room for a valuation upside in the near future.
Though Just Dial has denied any acquisition proposal from Google, a possible strategic fit cannot be ruled out. While Google comes to the table with its financial prowess, innovation acumen and reach in the virtual space, Just Dial might try to get better value from its various strengths
Bezerra will replace Maturin Tchoumi who has now moved to Roche Finland in a new role.
Three of the top five automakers - Maruti Suzuki, Tata Motors and Mahindra & Mahindra – have signaled that price revision could be on the cards if commodity costs do not ease out before end of this quarter.
The 2018 Model Year F-PACE is the sixth model from Jaguar Land Rover product portfolio to be locally manufactured at the company's plant in Pune, Jaguar Land Rover India said in a statement. Bookings are now open and deliveries will begin from November-end 2017, it added.
With her strong business acumen and unique people-centric leadership approach, Lara is ideally positioned to drive Roche's efforts to bring its innovative treatments to patients in India, Hamacher added.
The new plant, the largest production facility of Emami in India, will generate direct employment for 1,000 youth, said R S Agarwal and R S Goenka, joint chairmen, Emami, in a press release.
HOEC is the first company out of the 31 that signed contracts for the fields won in the auction in March, to have submitted a field development plan (FDP).
The company has accepted his resignation and November 24, 2017 will be his last day with the company, Persistent Systems said in a statement.
The scope of the project includes complete Engineering, Procurement and Construction (EPC) of the 132-KV substation right from the survey, design and engineering to supply, construction and project management.
The company posted Rs 380 crore net profit in the same period of previous year. Revenues jumped 37.4 percent to Rs 3234 crore compared to Rs 2353 crore of last year.
Bharti Airtel, India's largest telecom operator, will primarily use the proceeds from this sale to pare its debt, a company statement said.
Kamal Karanth A and Anil Kumar ET, who bring with them a collective experience of over 30 years in staffing business, launched Xpheno to address growing demand for skilled talent in industries like IT, life sciences, consumer retail and engineering sectors in India.
At Voonik, there are plans of restructuring teams as the company cannot afford to hold on to its high paid executives.
Strong leadership in FES, revival riding on rural growth, a slew of new launches and reasonable valuations make it a stock worth accumulating for long-term investors.
The company today said the expanded scope of partnership also includes addition of a new facility and ramping up the team of scientists working for it.