BS Reporter
BS Reporter
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Apollo Pharmacy to sell Patanjali products
With this association, a range of Patanjali Ayurved products will be made available in all 2,200 Apollo stores across the country
 "Apollo Pharmacy to sell Patanjali products")
Gujarat identifies 7 MSME sectors for progressive growth
The state govt has also made an allocation to the MSME as per this year's budget
 "Gujarat identifies 7 MSME sectors for progressive growth")
Ramkumar to quit ICICI; Chandok to take charge as ED
Ramkumar has decided to take an early retirement
 "Ramkumar to quit ICICI; Chandok to take charge as ED")
 "ICICI Bank approves IPO for life insurance unit")
Mindtree co-founder Subroto Bagchi to Head Odisha's Skill body
Bagchi to get rank of Cabinet Minister and he will draw a salary of Rupees 1 per year for this role
 "Mindtree co-founder Subroto Bagchi to Head Odisha's Skill body")
Suzlon subsidiary AE-Rotor Holding BV announces redemption of SBLC backed bonds of $590 mn
Company had availed credit facility from SBI and other lenders
 "Suzlon subsidiary AE-Rotor Holding BV announces redemption of SBLC backed bonds of $590 mn")
Zee Media terminates distribution deal with Taj Television
The deal ends in March 2017
 "Zee Media terminates distribution deal with Taj Television")
Shapoorji Pallonji Group acquires 51% stake in Italian firm
The group also buys 55% stake in Co.Stell, two operating companies of STC Group
Realtors, investors' sentiment towards home sales rises in Q1
According to Real Estate Sentiment Index, 41% of respondents believe home sales to go up in six months as compared to 15% in Q1 of 2015
 "Realtors, investors' sentiment towards home sales rises in Q1")
Force Motors Q4 net up 59% at Rs 74 cr
Net sales of the company increased by 30%
 "Force Motors Q4 net up 59% at Rs 74 cr")
Essel Propack's Q4 net up 23%
However, total income from operations jumped by a marginal by 2.8%
 "Essel Propack's Q4 net up 23%")
India's gems and jewellery exports decline on a global economic slowdown
The fall in G&J shipment was largely driven by a sharp fall in exports of cut and polished diamonds
 "India's gems and jewellery exports decline on a global economic slowdown")
ACC Q1 net down 4%
Lower realisations dented company's profits despite 9% rise in cement sales
 "ACC Q1 net down 4%")
Ambuja Cements Q1 net down 4% at Rs 304 cr
Despite 9.5% rise in cement volumes, net sales remain flat
 "Ambuja Cements Q1 net down 4% at Rs 304 cr")
Comcast buys DreamWorks Animation at $41 a share
The acquisition was made under NBCUniversal, a division of Comcast and will become a unit of Universal Filmed Entertainment Group
 "Comcast buys DreamWorks Animation at $41 a share")
Samco launches season 2 of ITL
The second edition of the league will begin from the May 1 and conclude on March 31, 2017
 "Samco launches season 2 of ITL")
ADB pumps $175 million in Mytrah Energy
For the development of company's new portfolio of wind and solar projects
 "ADB pumps $175 million in Mytrah Energy")
Lupin strengthens branded drug business in US
The drug, Methergine, is the only FDA approved oral uterotonic and Lupin has created of a specialized sales force to drive product sales
 "Lupin strengthens branded drug business in US")
NHPC OFS: Retail portion undersubscribed
The Centre sold around 11.3% stake in the power generator to raise around Rs 2,700 cr
 "NHPC OFS: Retail portion undersubscribed")
Thyrocare IPO subscribed two times; Ujjivan 21%
The medical diagnostics company's Rs 480-crore IPO closes on Friday
 "Thyrocare IPO subscribed two times; Ujjivan 21%")