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Intas and Axantia sign an exclusive license and supply agreement for Ranibizumab biosimilar in the Middle East

AHMEDABAD, India, April 4, 2022 /PRNewswire/ -- Intas Pharmaceuticals Ltd. (Intas) has signed an exclusive license and supply agreement with Axantia Holding (Axantia), a leading pharmaceutical company in the Middle East operating through its pharmaceutical subsidiaries; Pharma International Pharmaceutical & Chemical Manufacturing Co. Ltd and Med City Pharmaceutical Industries for Ranibizumab (biosimilar of Lucentis®). Under [...]

Mankind Pharma forays into agri-tech space

New Delhi, Apr 4 (PTI) Mankind Pharma on Monday announced its foray into the agri-tech segment, with plans to invest up to Rs 200 crore in the first two to three years.The company has set up a new arm Mankind Agritech Pvt Ltd, which will offer a variety of crop care solutions to Indian farmers, [...]

Market rally: Investor wealth jumps over Rs 4.5 lakh crore

Mumbai, Apr 4 (PTI) Investors turned wealthier by more than Rs 4.5 lakh crore on Monday as the domestic equity market rallied over 2 per cent on the proposed merger of HDFC Ltd with HDFC Bank. Reflecting bullish investor sentiments, the 30-share key index Sensex surged 1,335.05 points or a whopping 2.25 per cent to [...]

Bombay Play raises USD 7 mln

New Delhi, Apr 4 (PTI) Bombay Play, a hypersocial gaming startup, has raised USD 7 million (over Rs 52 crore) in a recent funding round, the company said on Monday. The funding round was led by Kalaari Capital and also saw participation of all its existing investors namely Lumikai Fund, Leo Capital and PlayCo. Bombay [...]

Sensex revisits 60K as HDFC merger deal bolsters bulls

Mumbai, Apr 4 (PTI) The Sensex vaulted 1,335 points while the Nifty shot past the 18,000-mark on Monday, fuelled by index heavyweights HDFC twins which soared almost 10 per cent after announcing corporate India's biggest merger. India's largest housing finance company HDFC Ltd will merge with the country's top private lender HDFC Bank to create [...]

Cashfree Payments launches Aadhaar verification, automates customer KYC for businesses

In addition to Aadhaar Verification, Cashfree Payments offers authentication of Bank Accounts, PAN, UPI and IFSC as part of its Verification Suite BENGALURU, India, April 4, 2022 /PRNewswire/ -- Leading payments and API banking solutions company, Cashfree Payments today announced that it has launched Aadhaar Verification as a part of its Verification suite. This feature [...]

Sterlite Power Brasil raises 600 million Brazilian real via debentures

New Delhi, Apr 4 (PTI) Sterlite Power arm Sterlite Power Brasil has raised 600 million Brazilian real (about Rs 970 crore) through the issuance of debentures."Sterlite Power Brasil, a subsidiary of the Indian corporation Sterlite Power Transmission Ltd, a company that develops energy transmission projects, announces the issuance of debentures on the total amount of [...]

SuperStartUps Asia Awards: World’s First Research based Awards Announces their Winners for the 2021 Edition

Singapore based NRI Manoj Jain wins Visionary Founder Award Lifetime Achievement award to Sh. Mahendra Swarup New Delhi, Delhi, India (NewsVoir) The 4th edition of the SuperStartUps Asia award, announced its winners from amongst the Start-up ecosystem across Asia. SuperStartUps is the world’s first research based award entity by NFX Digital’s research engine - Adytude. [...]