Page 308 - Bs Reporter

US FDA revokes EIR issued to Aurobindo Pharma's Unit IV facility

On February 18, the US FDA issued the EIR with voluntary action indicated for Aurobindo Pharma's Unit IV injectable formulations unit

Govt appoints M Ajit Kumar as chairman of CBIC ahead of Budget

The appointment comes just two days before the Union Budget presentation

IIT Hyderabad targets to generate Rs 200-cr research funding a year by 2024

A research park and an incubation cell spanning 1.5 lakh square feet each are coming up and will be a major boost to start-ups and industry relations

Aurobindo's oral solid formulations unit under USFDA scrutiny

The company in a filing on Thursday said the OAI classification will not have any material impact on the existing revenues or the supplies to its US business at this juncture

Ather Energy gets patent for light-weight charging connector for EVs

The connector will have a charging socket mounted on a hand-held unit, which will have an angular grip for ease of use.

TRS sweeps Telangana municipal elections, wins 105 of 120 municipalities

The elections for Greater Hyderabad Municipal Corporation(GHMC) are due later this year

ITI's follow-on offering sees 6% subscription at end of first day

Shares closed at Rs 91 on Friday, down 2 per cent. They have declined 10 per cent since the announcement of the FPO price

Engine snag forces Hyderabad-bound IndiGo flight to return to Mumbai

This is the 23rd engine snag the airline has faced with Pratt engines in the last two years

GoAir's Bengaluru to Phuket flight returns due to technical glitch

The airline said that as precautionary measure the flight returned back to Bangalore.

Nippon Life India AMC Q3: PBT jumps 18% to Rs 193 cr on rise in asset base

Management says post-rebranding several major investors have come back

Two-wheeler volumes to skid 8-10%, demand likely to remain weak: Icra

Despite the near-term volatility, ICRA maintains a stable outlook for the two-wheeler industry for the coming 12-18 months

K V Kamath, Swapan Dasgupta may be inducted into govt in Cabinet reshuffle

With the Modi government having completed nearly eight months of its second term, speculation is rife regarding the first major reshuffle of the Cabinet and the council of ministers

Power Finance Corporation's $750-million bonds gets over-subscribed

First government company to issue bonds with more than 10 years tenure

'Mo Sarkar' initiative likely to hasten pace of new investments

In addition to industries and MSME departments, the Mo Sarkar initiative will cover key agencies and corporations whose functions are intertwined with the two departments

Moody's places YES Bank's long-term foreign currency rating under review

The Baseline Credit Assessment was also downgraded to 'Caa2' from 'B3'

Startek appoints Aparup Sengupta as executive chairman, global CEO

He is also an operating partner of Capital Square Partners, a Singapore-based private equity firm and majority shareholder of Startek

RBI releases national strategy for financial inclusion for 5-year period

The financial inclusion is increasingly is a key driver of growth and poverty alleviation world over

GMR subsidiary forms JV with ESR to develop industrial park in Hyderabad

ESR and GHAL have entered into a definitive agreement with an equity interest of 70 per cent and 30 per cent respectively in the SPV-GMR Logistics Park Private Limited

Bajaj Allianz moves core policy administration system onto TCS BaNCS Cloud

The company has successfully moved its core policy administration system for its travel lines of businesses