New Delhi, Jan 20 (PTI) Natural beauty care company Lotus Herbals on Thursday said it has acquired a 25 per cent stake in direct-to-consumer brand Conscious Chemist. Conscious Chemist is a new-age clean beauty brand operating in the skincare category. The company, however, did not disclose the financial details of the transaction. Commenting on the [...]
New Delhi, Jan 20 (PTI) California-based technology company Pixis (formerly known as Pyxis One) on Thursday said it has raised USD 100 million (about Rs 743.8 crore) in funding, led by SoftBank Vision Fund 2. The Series C round also saw participation from new investor General Atlantic, and existing investors Celesta Capital, Premji Invest, and [...]
New Delhi, Jan 20 (PTI) Cadila Healthcare Ltd on Thursday said group firm Zydus has received final approval from the US health regulator to market its generic version of Vigabatrin tablets to treat babies with infantile spasms and epilepsy in combination with other medications. The approval by the US Food and Drug Administration is for [...]
New Delhi, Jan 20 (PTI) Global agri-trade firm Bunge will acquire a 33 per cent stake in Brazil-based Sinagro, an associate company of India's leading agrochemical firm UPL Ltd.UPL Ltd and other shareholders in Sinagro Produtos Agropecuarios SA, Brazil, (Sinagro) have entered into an agreement with Bunge in this regard.Bunge Ltd will acquire a 33 [...]
New Delhi, Jan 20 (PTI) Glenmark Pharmaceuticals Ltd on Thursday said its Swiss arm has entered into an exclusive licensing agreement with Lotus International Pte Ltd for commercializing its innovative nasal spray Ryaltris in Singapore, Hong Kong and Vietnam. Under the agreement signed between Glenmark Specialty SA and the wholly-owned subsidiary of Lotus Pharmaceutical Co, [...]
BENGALURU, India, Jan. 20, 2022 /PRNewswire/ -- Tejas Networks (BSE: 540595) (NSE: TEJASNET) today announced the appointment of Mr. N. Ganapathy Subramaniam and Mr. Amur S. Lakshminarayanan as Nominee Directors from Panatone Finvest Limited, a subsidiary of Tata Sons Private Limited. This appointment is based on recommendation of the Nomination and Remuneration Committee of Tejas [...]
GURGAON, India, Jan. 20, 2022 /PRNewswire/ -- Gurgaon-based software engineering company announced that it has plans to create 500 full-time jobs this year. To keep up with the increasing customer demand and to strengthen their portfolio for diverse technologies, Daffodil has declared a massive number of vacancies at its headquarters in Gurgaon. The COVID-19 pandemic [...]
In an unusual development, all three independent directors on the board of PTC India Financial Services (PFS) on Wednesday resigned over corporate governance issues and other matters. The three independent directors who have resigned from the board with immediate effect are Kamlesh Shivji Vikamsey, Santosh B Nayar and Thomas Mathew T, according to a regulatory [...]
New Delhi, Jan 19 (PTI) State-owned Power Finance Corporation on Wednesday said its arm PFC Consulting Ltd has transferred two wholly-owned subsidiaries to Adani Transmission Ltd for implementing power transmission projects. Adani Transmission had emerged as the successful bidder for these two transmission projects on January 18, according to a BSE filing. As per the [...]
Newgen Software acquires Number Theory for over Rs 16 cr Mumbai, Jan 19 (PTI) Newgen Software, a leading provider of a unified digital transformation platform, has acquired Number Theory, which is an artificial intelligence/ machine learning (AI/ML) data science platform firm, for Rs 16.05 crore. This is a strategic acquisition and Newgen will make a [...]
