Volkswagen emissions scandal spreads to Europe and threatens to embroil mor...
The Volkswagen and Audi diesel emissions scandal which has thrown the global car industry into turmoil has spread to Europe and threatens to embroil more models and rival carmakers. The chief executive of Volkswagen AG, the parent company of Porsche, Seat, Skoda, Bentley, Lamborghini and Bugatti... read more »
Dr Reddy’s settles patent litigation on Kuvan tablets
he California-based BioMarin Pharmaceutical has entered into a settlement agreement with Dr Reddy’s Laboratories to resolve patent litigation in the US regarding Kuvan, the former’s 100mg oral tablets. According to a statement issued by BioMarin, the US drugmaker said it will grant Dr... read more »
Tata Steel raises Rs 4,000 cr via non-core asset sale
Tata Steel has raised more than Rs 4,100 crore through the sale of non-core assets so far this fiscal as part of efforts to strengthen its balance sheet and generate cash. The Mumbai-based firm said last week it sold 1.33 percent stake in group company Tata Motors to institutional investors for... read more »
L&T Finance Holdings to get Rs 708 cr from Bain Capital
L&T Finance Holdings , the subsidiary of engineering & construction major Larsen & Toubro, will get Rs 708 crore from Bain Capital by issuing preferential shares and warrants. “The board of directors in today’s meeting has approved a preferential allotment of equity... read more »
