Sun Pharmaceutical Industries said that one of its wholly-owned subsidiaries has agreed to acquire 18.75% stake in Israel-based Tarsius Pharma for $3 million. The company is an early-stage research and development company focusing on development of drug candidates in the field of ophthalmology. The announcement was made after trading hours yesterday, 10 September 2018.
NMDC said production and sales of iron ore from April to August stood at 9.85 million tonnes and 11.04 million tonnes, respectively. The company has fixed iron ore price with effect from 7 September 2018 with lump ore priced at Rs 3,550 per ton and fines at Rs 3,110 per ton. Both the announcements were made after trading hours yesterday, 10 September 2018.
Manali Petrochemicals said it will launch products of its UK arm, Notedome, in India. The UK arm is a manufacturer of high performance polyurethanes and was acquired by Manali Petrochemicals' overseas subsidiary in September 2016. The announcement was made after trading hours yesterday, 10 September 2018.
Container Corporation of India (CONCOR) and Central Warehousing Corporation (CWC) have entered an agreement to form a joint working group to operate the CFS (container freight station) facility of CWC located at Pipavav Port for the mutual benefit and to promote and meet the growing needs of exports, imports and domestic business situated in and around Pipavav Port as well as to fulfill the multimodal transport requirements of the country in general. The announcement was made after trading hours yesterday, 10 September 2018.
Yes Bank said its board and shareholders approved raising Rs 30000 crore via debt from domestics as well as foreign buyers. The bank's capital raising committee will consider this issue of BASEL III compliant tier 2 bonds on or after 14 September 2018. The announcement was made after trading hours yesterday, 10 September 2018.
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