TOP CORPORATE NEWS
Rajesh Exports up on
acquisition plan in Europe
Rajesh Exports
rose over 4%, touching to Rs276, after the company scheduled a board meeting on
July 02, 2015, to mull an acquisition in Europe, in the same line of business.
Infosys wins three deals from
abroad
Infosys has
bagged three deals from overseas clients which include two in the financial
services space and one for managed services. Croatia's Hrvatska Postanska Banka
(HPB) and Sharjah Islamic Bank (SIB) in the middle east have selected Infosys
Finacle Payments solution for their business.
Aurobindo gets USFDA Approval
for Azithromycin for Injection
Aurobindo Pharma has received final approvals from the US Food & Drug
Administration ( USFDA ) to manufacture and market Azithromycin for Injection
USP, 500mg /vial (ANDA 203294).Azithromycin for Injection USP, 500mg /vial is
bioequivalent and therapeutically equivalent to the reference listed drug
product (RLD) Zithromax® (Azithromycin for Injection) 500mg/vial of Pfizer,
Inc.
Idea Cellular to focus on 3G,
invest about Rs5500 crore in FY16
Idea Cellular
third-largest telecom operator will continue to focus on growing its 3G
operations, 3G will be a priority area and currently company is able to provide
80% of 3G services.
The Company will
invest about Rs5,500 crore in the current fiscal on its services and network
expansion.
Bajaj Auto to raise production
of Pulsar RS200
Bajaj Auto is
planning to raise the production of the recently launched RS 200 after it has
received a good response from the customers. The sales are currently ranging at
1,700 units per month and the company is yet to launch the product pan India
given the capacity constraints. The management has plans to raise capacity to
4,000 units per month.
Dr. Reddy launches first OTC
hair growth supplement
Dr Reddys
Laboratories announced the launch of HAiROOTZ™, the first hair growth
supplement to be marketed in India as over-the-counter ( OTC) by the Company.
HAiROOTZ™ comes from the same branch of business that markets MINITOP™,
the No.1 dermatologist recommended brand in the country.
Tata Steel UK unions agree
for modified final pension scheme
Tata Steel UK
unions agreed for modified final salary pension scheme, the proposal includes
fair & balanced modifications to existing scheme and new proposal continues
to provide employees with a high-quality pension. Meanwhile, unions lifted
one-day strike scheduled for June 22. Positive read-thru.
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