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Thursday, March 6, 2014




TOP CORPORATE NEWS

·        Sun Pharma says seeks to enter Japan generics market
                                                                                        
Sun Pharmaceutical Industries Ltd is looking for partnerships or acquisitions to enter Japan, an especially lucrative market for manufacturers of low-cost drugs.

·        Lupin gets FDA nod for Generic Monodox Capsules

Lupin  Limited  has announced  that  it  has  received  final approval  for  its  Doxycycline  Capsules  USP,  50  mg,  75  mg,  and  100  mg  from  the  United  States  Food  and  Drugs Administration (FDA) to market a generic version of Aqua Pharmaceuticals Monodox Capsules 50 mg, 75 mg, and 100 mg. 

·        ONGC, Oil India to buy 5% stake each in IOC at Rs 220/share

ONGC and Oil India Ltd are planning to buy 10% stake in Indian Oil Corp from the government at Rs 220 per share, aggregating about Rs 5,300 crore.

·        Tech Mahindra inaugurates Texas Instruments Lab, in Bengaluru



Tech Mahindra Ltd. inaugurated the Texas Instruments Lab, in Bengaluru. This lab will allow Tech Mahindra to launch innovative solutions based on the concept of Internet of Things in Industrial, Medical and Automotive sectors.

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