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5Paisa Capital to increase customer base by 50,000 over 1 yr

Press Trust of India  |  Mumbai 

Leading discount brokerage firm 5Paisa Capital today said it is looking at increasing its customer base by 50,000 over the next year and unveiled a unique investor education initiative 5P School to leverage rise in new investor numbers over the next two years.

The online courses offered by 5P School are free of cost and are aimed at educating a broad range of people such as long-term investors, traders and particularly the novice market players seeking to enter the market.

*********** Mylan launches cancer drug Bevacizumab *

Mylan Pharmaceuticals today launched ABEVMY (injection Bevacizumab), an anti-angiogenic drug approved by the Drug Controller General of India (DCGI).

The drug is used to treat metastatic colorectal, non-small-cell lung carcinoma, glioblastoma, ovarian, cervical and renal cancer as part of specific regimens for Indian patients, a statement said.

A benefit for patients is its price for each therapy cycle, which is comparatively lower than the existing options, it added.

*************** Mirc Electronics introduces 15 new washing machine models *

Mirc Electronics, the manufacturer of Onida appliances today said it has strengthened its washing machines product portfolio has launched 15 new washing machine models in front load, top load and semi- automatic category.

The company's facility in Roorkee, can manufacture 7.20 lakhs washing machines per annum on three shift basis, the company statement said.

Onida has sold 1.80 lakhs washing machines during the last financial year and with launching these new models, the company is expecting this number rise.

******************* MTV Dropout winners funded by Amit Patni, Venture Catalysts *

Integrated incubator Venture Catalysts today said it has invested Rs 25 lakh in the start-up idea pitched by ERA, the winning team on the reality show MTV Dropout.

Venture Catalysts also served as the investor and incubation partner for the show, which enables aspiring entrepreneurs to turn their disruptive ideas into a viable business, a statement said. Venture Catalysts will mentor the entrepreneurs and host the team at its co-working facility for 6 months, it added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Mon, November 27 2017. 16:35 IST