Pfizer to sell Thane plant to Vidhi Research for Rs 178 crore
Drug firm Pfizer has said it has entered into a business transfer agreement to sell its Thane plant as a going concern to Vidhi Research and Development LLP for Rs 178 crore. In a BSE filing, Pfizer said, “It has entered into a Business Transfer Agreement (BTA) for the transfer of the... read more »
Sterlite Technologies acquires Elitecore Tech for Rs 180-crore
NEW DELHI: Sterlite TechnologiesBSE 2.23 % today announced the acquisition of telecom software product firm Elitecore Technologies at Rs 180 crore in an all-cash deal to widen its telecom portfolio. “This acquisition widens Sterlite’s telecom portfolio of offerings to its global... read more »
Volkswagen emissions scandal spreads to Europe and threatens to embroil mor...
The Volkswagen and Audi diesel emissions scandal which has thrown the global car industry into turmoil has spread to Europe and threatens to embroil more models and rival carmakers. The chief executive of Volkswagen AG, the parent company of Porsche, Seat, Skoda, Bentley, Lamborghini and Bugatti... read more »
Dr Reddy’s settles patent litigation on Kuvan tablets
he California-based BioMarin Pharmaceutical has entered into a settlement agreement with Dr Reddy’s Laboratories to resolve patent litigation in the US regarding Kuvan, the former’s 100mg oral tablets. According to a statement issued by BioMarin, the US drugmaker said it will grant Dr... read more »
