BS Reporter
BS Reporter
Page 373 - Bs Reporter%c2%a0/workspace/business Standard Web/video
Bidi industry urges government to join delegation for WHO FCTC conference
Indian delegation comprising all bidi industry stakeholders to COP7 is to ensure that all stakeholders viewpoint is considered
 "Bidi industry urges government to join delegation for WHO FCTC conference")
Globant expands footprint in India
It already has a presence in Bengaluru
 "Globant expands footprint in India")
Smith and Founders to reduce debt through stake sale
It is in the advanced stage of talks with a couple of European automobile ancillary companies
 "Smith and Founders to reduce debt through stake sale")
Lupin, MonoSol Rx sign licensing pact for pediatric products
Lupin Pharmaceutical to develop multiple pediatric products utilising MonoSol Rx's proprietary PharmFilm drug delivery technology
Beauty products e-tailer Nykaa expects fourfold increase in GMV at Rs 350 crore this year
Till date, the four-year old company has raised over Rs 160 cr in three rounds of funding
 "Beauty products e-tailer Nykaa expects fourfold increase in GMV at Rs 350 crore this year")
Zydus to launch immunosupressant drug Grafalon
The market for transplant-immuno therapies is estimated at Rs 483 crore
 "Zydus to launch immunosupressant drug Grafalon")
M&M launches electric vehicle for cargo, passengers
The company has tied up with online grocery retailer Big Basket to deliver fifty cargo vehicles initially
 "M&M launches electric vehicle for cargo, passengers")
Sushil Chandra to be the next CBDT chief
IIT graduate Chandra's tenure will last till May next year
GE T&D India starts operation in dedicated 765kv GIS line
Company said that the demand for the 765 kv GIS is growing
 "GE T&D India starts operation in dedicated 765kv GIS line")
Morgan Stanley sells Rs 153-cr worth shares in Redington
Dahlia Commodities Services Pvt Ltd has bought the same number of shares during the day
Insurers cannot deny claim on the basis of HIV results: govt
New provisions in HIV Bill also protect infected persons from job loss or denial, or hardship in taking a house on rent
 "Insurers cannot deny claim on the basis of HIV results: govt")
Reuters, BTVi tie up to offer world business news to Indian viewers
Under the partnership, BTVi will have access to Reuters TV studios in key financial centres across the globe
 "Reuters, BTVi tie up to offer world business news to Indian viewers")
Facebook, Ficci partner to promote social sector innovation
Ficci's Millennium Alliance, with which Facebook has tied up, has funded 62 projects, dispersing Rs 55 cr
 "Facebook, Ficci partner to promote social sector innovation")
Alembic Pharma's Panelav unit receives Establishment Inspection Report from USFDA
Panelav makes formulations for the regulated markets and has a capacity to manufacture seven billion tablets and capsules per year
 "Alembic Pharma's Panelav unit receives Establishment Inspection Report from USFDA")
 "Supply-use table for GDP data")
ICICI Bank lowers lending rates by 0.5%
Its one-year MCLR now stands at 9.05%
 "ICICI Bank lowers lending rates by 0.5%")
HPL Electric debuts at 6% discount to issue price
This is the second firm to list at a discount to issue price after ICICI Pru Life which listed 1% below its issue price
 "HPL Electric debuts at 6% discount to issue price")
Sebi for curbs on compensation agreements with PE firms
Regulator seeks public comments on proposed norms by October 18
 "Sebi for curbs on compensation agreements with PE firms")
EPGL to buy coal worth Rs 3,000 crore for Salaya plant in Gujarat
It expects sea water intake system and coal conveyor corridor to further enhance margins after commissioning
 "EPGL to buy coal worth Rs 3,000 crore for Salaya plant in Gujarat")
Majesco scraps plans to raise money Rs 250 crore through QIP
Company also announced a partnership with IBM aimed at accelerating its new insurance services through IBM cloud