Wednesday, July 5, 2023

Battery Smart raises $33 million

Battery Smart raises $33 million The Pre-Series B funding round saw participation from the company#39;s existing investors, Tiger Global and Blume Ventures, as well as new investors, The Ecosystem Integrity Fund (EIF) and British International Investment (BII).

from Moneycontrol Business News https://ift.tt/knRdIJv

Venus Remedies gets marketing approval from different countries for chemotherapy drugs

Venus Remedies gets marketing approval from different countries for chemotherapy drugs With this, it has secured 503 marketing approvals for its oncology products across 75 countries, a company statement said.

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Aster DM Healthcare confirms talks with Fajr Capital others on Gulf business

Aster DM Healthcare confirms talks with Fajr Capital, others on Gulf business Reuters reported on Tuesday that private equity firm Fajr is in exclusive talks to buy a majority stake in Aster#39;s Gulf business, citing two sources with direct knowledge of the matter.

from Moneycontrol Business News https://ift.tt/WzoOs9r

Tuesday, July 4, 2023

Silver jewellery brand GIVA raises Rs 200 crore from investors including Premji Invest

Silver jewellery brand GIVA raises Rs 200 crore from investors, including Premji Invest The Bengaluru-based company, which mainly deals in fine silver jewellery, has raised this amount in Series B funding led by Premji Invest.

from Moneycontrol Business News https://ift.tt/H3vXlYq

Syngene to acquire plant from Stelis Biopharma for Rs 702 crore

Syngene to acquire plant from Stelis Biopharma for Rs 702 crore The company has entered into a binding term sheet with Stelis to acquire its Bengaluru-based Unit 3 biologics manufacturing unit, Syngene said in a late night statement on Tuesday.

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Markets in the grip of bulls â Stay put or time to book the gains?

Markets in the grip of bulls – Stay put or time to book the gains? While equities will fetch steady return over the long term, it makes sense to pocket some gains post a sharp rally

from Moneycontrol Business News https://www.moneycontrol.com/news/business/marketsthe-gripbulls-–-stay-put-or-time-to-bookgains_17102521.html

Monday, July 3, 2023

Biocon Biologics introduces Hulio a Humira biosimilar for rheumatoid arthritis in US

Biocon Biologics introduces Hulio, a Humira biosimilar for rheumatoid arthritis, in US The drug has been made available to patients in the United States after five years of experience in Europe and two years in Canada, the release said.

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Six years of GST â achievements setbacks and the way forward

Six years of GST – achievements, setbacks and the way forward GST’s introduction is a momentous occasion in India’s economic history. Here are some steps that can make the GST framework more robust and support growth

from Moneycontrol Business News https://www.moneycontrol.com/news/business/six-yearsgst-–-achievements-setbacksthe-way-forward_17101211.html

Price of 19kg commercial LPG cylinders hiked to Rs 1780

Price of 19kg commercial LPG cylinders hiked to Rs 1,780 Price of domestic LPG cylinders remain unchanged

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Mankindâs success boosts hopes of more consumer IPOs

Mankind’s success boosts hopes of more consumer IPOs The company, which raised 43.3 billion rupee ($528 million) in India’s second-largest new share sale this year, has seen its shares jump 57% in almost two months, drawing a rush of buy calls from analysts.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/mankind’s-success-boosts-hopesmore-consumer-ipos_17101141.html

For advising on a $64 billion India bank deal bankers get a 0.0002% fee

For advising on a $64 billion India bank deal, bankers get a 0.0002% fee Morgan Stanley and Bank of America Corp. will take the bulk of that pool while the rest will be paid just a token amount, they said, asking not to be identified as the information is not public.

from Moneycontrol Business News https://ift.tt/bEcqRN3

LTIMindtree Q4 Preview: Lower pass-through revenue seen impacting growth marginally

A compilation of estimates suggests the company#39;s Q4 FY24 net profit is projected to decline by 2.2 percent quarter on quarter to Rs 1,1...