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05 Jul 2016
Alembic recieves USFDA tentative approval for FEBUXOSTAT
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Today, Alembic pharma announced that the company has acquired the tentative approval from the US Food and Drug Administration (USFDA) for its ANDA, i.e, Abbreviated New Drug Application for 40 mg and 80 mg febuxostat tablets. The approved ANDA is therapeutically equal to the Reference Listed Drug Product, or RLD, of USA's Takeda Pharma's 40 mg and 80 mg of Uloric tablets. Febuxostat is indicated for the chronic management of hyperuricemia in patients with gout.
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05 Jul 2016
Good Luck India Gets Rs. 56 Crores Order
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The engineering product manufacturing conglomerate, Good luck India Ltd., has bagged an order of worth Rs. 56 crores. The order has been booked in its structure division and comprises of Rs. 37 crores order from Power Grid Parli Transmission Limited and Rs. 19 crores order from renewable energy. Parli transmission is a completely owned subsidiary of Power Grid Corporation of India Limited and is a government undertaking for the supply of Towers in the state of Maharashtra. Yesterday, on Jul
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05 Jul 2016
TCS Partners With Ireland\'s Royal College Of Physicians
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Tata Consultancy Services (TCS) and Royal College of Physicians, Ireland have collaborated to deploy iON cloud solutions for creating an online community of doctors. The new tool is called The Physician Network. This tool is a resource based on theTCS iON Digital Learning Platform to enable virtual 'common-interest communities' and to make best practice knowledge-sharing easy. The news arrived a little while before the stock market closed for the day where
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05 Jul 2016
L&T; to Begin  5,273 Cr "Mumbai Metro Line 3" Project
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On July 05, 2016, Mumbai Metro Rail Corporation has announced that Heavy CivilInfrastructure Business of L&T Construction, along with its partner, STEC of China, is all set to commence the Mumbai Metro Line 3 project of worth ? 5,273 crores. The project includes design and construction of underground stations and associated tunnels for Package 1 and 7 in Line 3 of Mumbai metro project. The prestigious EPC project comprises underground stations a
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05 Jul 2016
L&T; wins 71.3 Million USD Export Orders
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Larsen & Toubro, through its joint venture companies, L&T-MHPS Boilers, and L&T-MHPS Turbine Generators has obtained worth 71.3 million USD export orders from Mitsubishi Hitachi Power Systems. L&T-MHPS Boilers' (LMB) contract includes the supply of pressure parts for 2 x 1000 MW power plant in Indonesia and contains furnace header, panel, coils, and piping. LMB, as of now, is carrying out nine export orders for the supply of pulverisers and pressure parts for various MHPS p
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05 Jul 2016
Reliance Power Share Price Closed 2% Higher on 04.07.16
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Reliance Power share price closed 2% higher to Rs.52.45 as The Supreme Court has permitted the company to recover Rs.1,050 crore from buyers. The power distribution companies have been seeking the stay on the payment of Rs. 1,050 Crores dues to Reliance Power. They have been buying electricity from Reliance power's Sasan ultra mega power project (UMPP). The company stated that Supreme Court did not grant the stay on an order of APTEL, Appellate Tribunal for Electricity, dated March 31, 2016, as requested by the procurers
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05 Jul 2016
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Nifty is expected to open 20 points gap down.Small Cap has given a break out above its 5 month high, next target at 5972.Stock Market Today by Shailesh Saraf.
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04 Jul 2016
Brigade Ltd -  Best Real Estate Company to Work for
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India's leading real estate developers, Brigade Enterprises Ltd.has been recognized as 'India's best company to work for, 2016, in the real estate sector for the second consecutive year. This is one of India's largest workplace study that is conducted by The Economic time and Great Place to Work Institute. Brigade Ltd. received this award for encouraging a collaborative environment that empowers people to showcase their best and consistently building and sustaining a culture based on trust. The company is also ranked 39th in to
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04 Jul 2016
Rs. 47.02 crores Spent on CSR in FY16 By Tata Power
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Today, India's largest integrated power company Tata Power announced that, along with all its subsidiaries and joint ventures, Tata Power Group companies' CSR spend in FY16 stood at Rs. 47.02 crores. While the Company's individual expenditure stands at Rs. 29.01 crores as against the required Rs. 28.29 crores as per the CSR Act. Its subsidiaries and joint ventures spent Rs. 18.01 crore. Through this, the Company approached to more than 250 villages/urban pockets across seven states, benefitting over 1.5 million people. When the co
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04 Jul 2016
Sobha share price trading near 52 weeks high
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Sobha share price continues its journey of rising after the company launches Sobha Winchester, the super luxury apartments in Chennai on July 4th, 2016. The project is located on the Thoraipakkam-Pallavaram Road in Chennai. Sobha Winchester has the British-inspired architecture and has been thoughtfully designed by a team of their in-house architects. The project has 344 units having 1BHK to 4BHK super-luxurious apartments. Mr. J.C.Sharma, VC, and MD of Sobha Ltd. said that Chennai is one of the major i