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Jawaharlal Nehru Port container traffic grows 21.55% in FY22

Mumbai, Apr 4 (PTI) The country's premier container port Jawaharlal Nehru Port has reported a 21.55 per cent growth in container traffic at 5.68-million TEUs in the last fiscal against 4.68-million TEUs handled in FY21, according to a release on Monday.This is the highest ever growth in container handling at the port for any financial [...]

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, [...]

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 [...]

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 [...]

Porsche appoints dealerships in Chennai, Bengaluru

Mumbai, Apr 4 (PTI) German sports luxury car manufacturer Porsche on Monday said it has appointed two new dealerships, one each in Chennai and Bengaluru, as part of plans to expand its footprint in India.The network expansion is driven by strong demand for Porsche cars, which surged 62 per cent year-on-year in 2021. This was [...]
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