Cox and Kings’ unit Meininger Hotels said it will construct a 126-room hotel in Bremen, Germany. The new hotel, scheduled to open in 2022, will have 378 beds in an area of 5,100 square metres on 11 floors. The hotel is located near Bremen’s Old Town and central station, the travel and tourism company said. […]
Future Supply Chain Solutions, part of the group that operates Big Bazaar, said it signed a multi-year agreement with fashion brand Benetton India to provide contract and express logistics services. Future Supply Chain will manage Benetton India’s supply chain requirements from a large built‐to‐suit, multi‐customer distribution centre in North India. “We have been entrusted to […]
Bengaluru-based IT services firm Infosys said it will take over the mortgage administration services unit of ABN AMRO, based in Amsterdam, Netherlands. Infosys will acquire a 75% of the shareholding in Stater, while the remaining stake will continue to be with ABN AMRO. Financial details of the deal were not disclosed. Stater offers pure-play, end-to-end […]
Infrastructure major Larsen and Toubro reported new construction orders worth over Rs 1,000 crore from Tamil Nadu, Andhra Pradesh, Jharkhand and the United Arab Emirates. L&T’s Smart World and Communication business secured orders from the Tirupati Smart City Corporation Limited to implement pan-city ICT (Information and communications technology) solutions and design and construct a City […]
Indian pharmaceutical manufacturers Lupin, Unichem Laboratories and Alembic Pharmaceuticals said that they has received approval from the United States Food and Drug Administration to sell generic versions of Eli Lilly’s Cialis erectile dysfunction tablets, while rival Zydus Cadila said it has already begun selling the tablets on day 1. The patent for Cialis, owned by […]
Pharmaceutical major Strides Pharma Science Ltd said it received approval from the United States Food and Administration for its greenfield oral medication facility in Singapore, giving a boost to the company’s efforts to bid for US government contracts. The new unit will help the company supply its products to US government agencies as Singapore is […]
Adani Ports and Special Economic Zone (APSEZ), India’s largest private multi-port operator said it hit the target of achieving annual volume of 200 millon tons of cargo movement one year ahead of schedule, and plans to double the throughput by 2025. Adani Ports had taken 12 years to reach the 50 million ton mark. Its […]
Pharmaceutical manufacturer Laurus Labs said that its has entered into a strategic partnership agreement with United Nations’ The Global Fund to sell a generic version of Viiv Healthcare’s dolutegravir (DTG) tablets in the Sub-Saharan countries for three years. Tenofovir/Lamivudine/Dolutegravir (TLD) is a combination drug used for the treatment of HIV/AIDS. Laurus had previously received approval […]
Construction major KNR constructions said it has received an order from Tamil Nadu government worth Rs 223 crore for the construction of flyovers at the Sungam-Ramanathapuram junction in Coimbatore. The project will be completed within 24 months, the company said in a statement. The construction of the 30 feet wide and 3.6 kilometre long flyover […]
Pharmaceutical major Lupin said that YL Biologics Limited, its newly formed joint venture with Japanese pharma company Yoshindo Inc has received approval from the Pharmaceutical and Medical Devices Agency (PMDA) for sales of a biosimilar version of Amgen Inc’s Etanercept in Japan. Etanercept, sold under the brand name Enbrel or Benepali. is a biopharmaceutical drug […]
Infrastructure major Larsen and Toubro on Tuesday said that its hydrocarbon engineering business has received orders worth over Rs 2,500 crore from Tawfiq Coke Products, Oman. The contract is for the engineering, procurement and construction of a calcined coke plan with a capacity of 45,000 tonnes per annum. “The contract will further reinforce L&T’s operations […]
Pharmaceutical major Lupin said that it has received approval from the United States Food and Drug Administration for the sales of a generic equivalent of Pfizer Inc’s Viagra tablets. Sildenafil tablets is a medication used to treat erectile dysfunction and pulmonary arterial hypertension. It is taken by mouth or via injection into a vein. Sildenafil […]
Infrastructure major Larsen and Toubro on Monday said it bagged orders worth over Rs 2,500 crore from Jharkhand, Hyderabad, Gujarat and West Bengal and Bihar. The buildings and factories arm of L&T received an order from the Jharkhand State Building Construction Corporation Limited for the construction of two 500-bed hospitals at Jamshedpur and Dumka respectively. […]
Software company Aurionpro Solutions Ltd said it received contract worth Rs 20 crore from ‘one of the leading banks in Singapore, having significant operations in South-East Asia’. Integro Solutions, the Singapore-headquartered wholly-owned subsidiary of Aurionpro, bagged a contract for the implementation of the company’s REACH CLIMS loan origination platform across the bank’s network in more […]
Pharmaceutical manufacturer Zydus Cadila said it received final approval from the United States Food and Drug Administration for sales of a generic version of Sunovion Pharmaceuticals’ Latuda tablets. Lurasidone tablets are used to treat certain conditions associated with bipolar disorder such as schizophrenia and depression. It also helps to decrease hallucinations. The drug will be […]
Pharmaceutical manufacturer Caplin Point Laboratories Ltd said it received approval from the US Food and Drug Administration for sales of a generic equivalent of West-Ward Pharmaceuticals’ Robinul drug. Glycopyrrolate is a synthetic anticholinergic medication which works by blocking acetylcholine activity on smooth muscles and other tissues. Acetylcholine is a neurotransmitter, or a chemical that nerves […]
Pharmaceutical major Lupin said that it has launched the generic equivalent of AbbVie Inc’s Synthroid tablets. The Levothyroxine Sodium tablets is used to treat thyroid hormone deficiency, including the severe form known as myxedema coma. It is also used to treat and prevent certain types of thyroid tumors. It is taken by mouth or given […]
Tata Power Strategic Engineering Division said it has received a contract worth Rs 1,200 cr to supply 23 ship-borne 3D air surveillance radars to the Indian Navy over the next ten years. The equipment will be produced under a transfer of technology arrangement with Spain’s Indra Sistemas, one of the world’s biggest suppliers of air […]
Gujarat-headquartered Alembic Pharmaceuticals said that it received approval from the United States Food and Drug Administration for sales of a generic version of Mylan’s Optivar eye-drops. Azelastine Hydrochloride Solution eye drops is used to treat itchy eyes caused by allergic conjunctivitis. Azelastine had an estimated US sales of USD 8.5 million for twelve months ending […]
India’s largest multiplex chain PVR Cinemas launched its eighth multiplex in Hyderabad. The six-screen property, located at the Hyderabad Next Galleria mall in Musarambagh spreads across an area of 26,630 square feet and has a seating capacity of 985 seats. It comes with a BARCO 2K projection system that offers better picture quality, according to […]
