According to the MoUs, MSN Laboratories will establish a manufacturing unit and an R&D center, Laurus Labs and Aurobindo Pharma will set up separate formulation units, and Gland Pharma will open an R&D center along with injectables and drug substance…
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India’s business activity rose to a three-month high in November. The HSBC Flash India Composite Purchasing Managers Index reached 59.5. This growth was driven by increased business gains and export sales. Both the manufacturing and services sectors experienced expansion. However,…
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These firms were concealing actual revenues, selling without invoice and underreporting tax liability, he added. An official release said searches were conducted on November 16 at seven premises to keep a check on possible evasion of Goods and Service Tax…
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The Department for Promotion of Industry and Internal Trade (DPIIT) has approved the Hinduja Group’s acquisition of the debt-laden Reliance Capital Ltd (RCAP). The approval paves the way for the Mauritius-based IIHL to proceed with its Rs 9,861-crore resolution plan,…
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The Mumbai bench of the NCLT has directed Vedanta Ltd to convene a meeting of its creditors and shareholders within 90 days to discuss the proposed demerger. The demerger, already approved by 75% of secured creditors, aims to create independent…
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Union Minister for Education Dharmendra Pradhan along with Minister of Labour and Employment Mansukh Mandaviya on Friday launched a World Bank report titled ‘ A Jobs Diagnostics for Young People’ that covers six states in India.
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