Venus Remedies ties up with Teva
Venus Remedies has entered into a collaborative agreement with Teva, the largest manufacturer of generic drugs in the world, for anti-cancer drug in the Canadian market. The high-potential drug is under patent protection till 2016. Under this collaboration, Venus will be initially manufacturing the... read more »
ICL seeks nod to increase borrowing limit
The India Cements Limited has sought the approval of its shareholders to increase the borrowing limit by Rs.400 crore to Rs.2,900 crore. Consequent to the scheme of amalgamation with Visaka Cement Industry Limited (VCIL), the borrowing limit of India Cements stood at Rs.2,900 crore. VCIL borrowing... read more »
Stock indices end at record high
Stock indices closed at record high as the 50-share Nifty closed above the psychological barrier of 8000-mark on Monday on the back of better gross domestic product (GDP) numbers. The benchmark 30-share Sensitive Index (Sensex) surged by 229.44 points or 0.86 per cent to close at record high of... read more »
Re-auction 218 coal blocks, try to save 46: Centre to SC
The government on Monday urged the Supreme Court to spare 46 coal blocks — 40 functional ones and six which are ready to start operations — out of the 218 declared illegal in a judgment on August 25. However, the court asked whether it would not be better if the government started again on a... read more »