Zydus Pharmaceuticals (USA) Inc. (Zydus), a subsidiary of Zydus Lifesciences, has received preliminary approval from the United States Food and Drug Administration (USFDA) to market Levomilnacipran Extended-Release Capsules, 20 mg, 40 mg, 80 mg, and 120 mg (USRLD: Fetzima Extended-Release Capsules). Levomilnacipran is a serotonin and norepinephrine reuptake inhibitor (SNRI) used to treat adults with

Pfizer Products India Pvt Ltd has announced that Dr Reddy’s Laboratories Ltd. has acquired the trademark rights to the breast cancer drug PRIMCYV for use in the Indian market. PRIMCYV is a targeted therapy that contains the active constituent palbociclib, a first-in-class CDK 4/6 inhibitor indicated for the first-line treatment of adult patients with HR+,

Bharti Airtel (Airtel) has launched its cutting-edge 5G services in Shillong. Airtel 5G Plus services will be made available to customers in stages as the company continues to build its network and complete the rollout. Customers with 5G-enabled devices will have access to the high-speed Airtel 5G Plus network at no extra cost until the

Malabar Institute of Medical Sciences (MIMS), a material subsidiary of Aster DM Healthcare, has agreed to buy 99.99% of Cantown Infra Developers LLP on January 14, 2023. The acquisition cost Rs 15.22 crore.Cantown Infra Developers LLP owns land adjacent to Aster MIMS Kannur’s boundary; the entity has no revenue in FY21-22 other than rent from letting

During the UP Global Investors Summit in Delhi, state-owned REC said it signed non-binding Memorandums of Understanding (MoUs) with the Uttar Pradesh (UP) government to extend financial assistance for various projects that will help UP in job creation as well as exponential growth in the state. These projects include a 14,103 crore power plant with

Brigade Enterprises has acquired 100% of Tetrarch Real Estates’ equity shares from its existing shareholders. As a result, Tetrarch Real Estates has become a wholly owned subsidiary of the Company as of January 13, 2023. Tetrarch Real Estates is a Private Limited Company founded on July 7, 1995, under the Companies Act, 1956, in Bangalore, Karnataka,

V-Guard Industries has completed the acquisition of Sunflame Enterprises’ (SEPL) 100% shareholding for an aggregate consideration of Rs 680.33 crore after the closing adjustment described in the Share Purchase agreement dated December 9, 2022. After two years from the date of closure, the selling shareholders will receive an aggregate payment of Rs 25 crore from

Cigniti Technologies, the world’s leading AI and IP-led Digital Assurance and Digital Engineering services provider, announced a partnership with LambdaTest, a leading continuous quality testing cloud platform that enables developers and testers to ship code faster. Cigniti will be able to use LambdaTest’s innovative HyperExecute platform, which provides secure, scalable, and insightful test orchestration for

HDFC has acquired 1,38,664 equity shares of Rs 10 each in HDFC Capital Advisors (HCAL), its subsidiary, from some of its employees, representing 6.49% of HCAL’s paid-up share capital. The shares acquired from the employees were allotted to them as a result of the exercise of stock options. Following the acquisition, the Corporation will own

Rama Steel Tubes announced that it has signed a memorandum of understanding (MOU) with the Government of Uttar Pradesh to establish a steel processing unit. The steel processing unit would be for MS Pipes, STP Poles, Gl Pipes, CR Coils, GP Coils, and Color Coated Coils. The proposed investment under this MOU is Rs 600 crore,