Last Updated : Thursday, July 9, 2020 14:46:50

News of Regulators in Gujarat

COMM TAX DEPT slams 460.1 mln demand notice to BASF INDIA

MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Specialty Chemicals multinational BASF Group’s Indian Arm BASF India Ltd gets notice from Commercial Tax Department demanding 460.1 million (~46.01 Crore) rupees towards tax recovery for treating the stock transfers of its Mangalore plant as interstate sales to dealers. The

STRIDES PHARMA gets USFDA nod to sell medicine to treat tension, headache

BANGALORE / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Bangalore headquartered pharmaceutical products manufacturing Indian company Strides Pharma Sciences Ltd said of having got nod from USFDA (US Food and Drugs Administration) to sell medicine to treat tension (or muscle concentration) and headache. In a press-release titled,

LUPIN recalls blood-sugar control tablets used by diabetics, from US Markets

BALTIMORE (MARYLAND, US) / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Mumbai headquartered pharmaceutical products manufacturing Indian company Lupin Ltd’s US Subsidiary Lupin Pharmaceuticals Inc., said of having voluntarily recalled its Metaformin Hydrochloride Extended Release Tablets USP of 500 mg (milligram) and 100 mg dosage value from

NHAI to Rank Roads on efficiency, highway safety, user services parameters

NEW DELHI / RAJKOT – In a press-release as circulated by Press Information Bureau (PIB) of India, publicity and communications arm of Government India, it read of National Highway Authority of India to undertake ranking process for roads of the nation on efficiency, highway safety and user services parameters. In a press-release titled, “NHAI to

CADILA HEALTH gets Mexican Regulators’s nod to study COVID19 cure drug

AHMEDABAD / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Pankaj Patel led healthcare services providing and healthcare & pharmaceutical product manufacturing Zydus Group’s flagship company Cadila Healthcare Ltd said of having got approval from COFERIS, Mexico to study Desidustat in the management of COVID19. In a press-release

KALPATARU POWER’s Alipurdaur asset sold to ADANI TRANSMISSION

MUMBAI / AHMEDABAD / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Ahmedabad headquartered Gautam Adani led Diversified Indian Conglomerate Adani Group’s power transmission arm Adani Transmission and Mumbai headquartered energy Heavy Electrical Equipment manufacturing company Kalpataru Power Transmission Ltd said of both companies having entered into agreement where Kalpataru

NLC India, COAL India form JV Co to develop Solar & Thermal Power assets

CHENNAI / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Neyveli (Tamilnadu) headquartered public sector undertaking and power & energy sector government company NLC India Ltd (formerly Neyveli Lignite Corporation Ltd) said of having inked pact with Coal India Ltd to form a joint-venture company to develop solar

EQUITAS SMALL FINANCE BANK launches Video KYC Account

MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Mumbai headquartered Indian bank Equitas Small Bank Finance Ltd said of having launched Video KYC (Know Your Customer) account. In a press-release titled, “Equitas Small Finance Bank Limited launches Video KYC Account”, as attached and enclosed with the regulatory filing

In US, GRANULES PHARMA recalls tablets to control blood-sugar levels

CHANTILLY (VIRGINIA, US) / HYDERABAD / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Hyderabad headquartered Granules India Ltd said of its wholly owned subsidiary and US arm Granules Pharmaceuticals Inc., having issued voluntary nationwide recall in US markets of Metformin Hydrochloride Extended Release Tablets USP, 750 mg

RIL’s JIO Platforms sells 0.39% stake to INTEL CAPITAL for 19 bln INR

MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Mukesh Ambani led Diversified Indian Conglomerate Reliance Group’s flagship company Reliance Industries Ltd said of Intel Capital, investment arm of Intel Corporation having invested 19 billion (~1,894.50 crore) rupees in Jio Platforms inturn acquiring 0.39% equity stake in the Jio

CADILA HEALTH gets DCGI-CDSCO nod for COVID19 vaccine’s human trials

AHMEDABAD / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Pankaj Patel led healthcare service provider and pharmaceutical & wellness products manufacturing Zydus Group’s flagship company Cadila Healthcare Ltd claimed of having successfully completed preclinical development of the company’s vaccine for COVID19 – ZyCoV-D and having received permission

Dr REDDY’s partners with FUJIFILM to mfr & sell Favipiravir to treat COVID19

HYDERABAD / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Hyderabad headquartered pharmaceutical products manufacturing Indian company Dr. Reddy’s Laboratories Ltd said of having partnered with Japan’s FUJIFILM and Global Response Aid for development, manufacture and sales of Avigan® (generic version of Favipiravir), a potential treatment to treat

ALEMBIC PHARMA gets USFDA nod to sell tablets to treat bacterial infections

VADODARA (BARODA) / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Vadodara (Baroda) headquartered pharmaceutical products manufacturing Indian company Alembic Pharmaceuticals Ltd said of having got USFDA (US Food & Drugs Administration) nod to sell tablets to cure bacterial infections. In a press-release titled, “Alembic Pharmaceuticals receives USFDA

MAJESCO announces latest release to its Insurance Data & Analytics Platform

MORRISTOWN (NEW JERSEY, US) / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Mumbai headquartered Information-Technology (IT) Consulting & Software services providing company Majesco Ltd announced latest release to the company’s Majesco Insurance Data & Analytics Platform. In a press-release titled, “Majesco Announces Latest Release to the Majesco

CARLYLE inks pact to pick 25% stake in AIRTEL’s Data Centre Biz for $235 mln

NEW DELHI / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, New Delhi headquartered Sunil Mittal Bharti led Indian Telecom major Bharti Airtel Ltd said of having inked pact with one of the The Carlyle Group entities for selling 25% stake in its Data Centre business for US$235

L&T CONSTRUCTION bags Large (25-bln to 50-bln-rupee) contracts

MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Mumbai headquartered Constructions & Engineering major  Larsen & Toubro Ltd’s construction arm L&T Construction said of having bagged large size contracts in range of 25 billion (~2,500 crore)  to 50 billion (~5,000 crore) rupees contracts for several business verticals. In

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