AstraZeneca, STEMI India collaborate

AstraZeneca Pharma India Ltd today announced a collaboration with STEMI India to work together to emphasise the need to treat heart attacks within the 'golden hour'.
"Under the collaboration, STEMI India and AstraZeneca India will work together to emphasise the importance of the 'Golden Hour' and appropriate treatment strategies across the country for improving the standard of care for heart attack patients," AstraZeneca said in a statement said.
India has a high burden of Coronary Artery Disease (CAD) in the world; upwards of 3 million heart attacks occur in India every year.
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Mullen Lintas gets creative duties for Cleartrip * Advertising agency Mullen Lintas has bagged the creative duties for online travel firm Cleartrip following a multi-agency pitch.
The account will be handled by the agency's Bengaluru office, it said in a statement issued here today.

"Mullen Lintas impressed us with deep consumer insights that they brought to the table, and complemented it with simple and crisp messaging," Cleartrip Chief Marketing Officer Subramanya Sharma said.
Mullen Lintas Chief Executive Officer Virat Tandon said, "Cleartrip is one of the pioneering digital brands of the country. Over the years, they have been the first to bring innovations to the online travel business and provide a hassle-free experience to customers."

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Five Star award for Tata Steel mine
* Tata Steel's Noamundi iron mine was conferred the 'Five-Star Award' for undertaking mining activities in a sustainable manner.
The award was received by T V Narendran, Managing Director of Tata Steel (India & SEA) from the Union Minister of Steel and Mines Narendra Singh Tomar in the National Conclave on Mines & Minerals at Raipur on Monday, a Tata Steel press release today said.
The recently introduced system of star rating of mines aims at promoting sustainable development practices, which include addressing social impact of resettlement and rehabilitation.

India Ratings downgrades HCL Infosystems
* India Ratings and Research (Ind-Ra) has downgraded HCL Infosystems' (HCLI) long-term issuer rating to 'IND A-' from 'IND A' on account of HCLI's continued deterioration in HCLI's operating performance since FY'13.
The outlook is stable, Ind-Ra said in a statement.
"Ind-Ra expects the revenue growth to remain subdued during FY17-FY18 due to the limited growth potential for Microsoft's handsets in India," it added.
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NHPC links 40 MW Unit-3 of TLDP-IV project with grid * State-run NHPC today said the 40 MW Unit-3 of Teesta Low Dam Hydro Electric Project (TLDP-IV) has been synchronised with grid on July 1, 2016.

"Unit-III of TLDP-IV has been loaded up to full load (40MW) successfully on July 3, 2016 subsequent to its synchronisation with grid on July 01, 2016," NHPC Ltd has informed BSE today.
The TLDP-IV project (4 X 40MW) is a run of the river scheme with diurnal storage for peaking purpose. The estimated annual energy generation is 720 MU (million units) in a 90 per cent dependable year.
The project area is located at about 350 meter upstream of Teesta Kalikhola confluence on NH-31A and 18.3 km downstream of Teesta Bridge near Teesta Bazar village in District Darjeeling.
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Saksoft acquires additional 25% stake in ThreeSixty Logica * Information management solutions company Saksoft today said it has acquired an additional 25 per cent stake in ThreeSixty Logica Testing Services.
"Further to our letter dated June 29, 2016 informing about the approval granted by the Board of Directors of the company to acquire an additional 25 per cent stake in ThreeSixty Logica Testing Services, a subsidiary of the company, we wish to inform that the said transaction was completed today," the Chennai-based company said in a BSE filing.
The cost of acquisition involved in acquiring 25 per cent stake is Rs 8 crore plus the proportionate share of Net Current Assets at the time of closing, the company had said.

Earlier this year, Saksoft had picked up 51 per cent stake in Noida-based ThreeSixty Logica for an undisclosed sum aiming to strengthen its testing and quality assurance services.