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Biocon receives GMP compliance certificates for two facilities in Bangalore
Jul 10,2017

Biocon announced that the French inspecting authority (ANSM) conducted pre-approval inspection audits of its Bangalore drug substance and drug product sites related to pending EMA Marketing Authorisation Applications for Transtuzumab, Pegfilgrastim and related insulin glargine (pen aseemply only).

While there where no critical observations mentioned in the final report, ANSM notified Biocon that the receipt of a GMP compliance certificate for the drug product facility will require a follow up inspection from ANSM to verify implementation of the proposed corrective and preventive actions.

ANSM has reviewed the proposed CAPA plan and Biocon is processing towards completion of the implementation of these CAPAs. Biocon with its partner Mylan, will work with the French and European regulatory authorities with regard to follow up inspection of the drug product facility and the Marketing Authorisation Applications with the goal of an early re-inspection.

ANSM has issued GMP compliance certificates for the Companys two drug substance manufacturing facilities in Bangalore.

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Sungold Capital announces resignation of director
Jul 10,2017

Sungold Capital announced the resignation of Abhay Deo as Independent Director of the Company with immediate effect.

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Koa Tools India to set up JV for starting Accept Express in India
Jul 10,2017

Koa Tools India is in process to sign a Joint Venture with Accept Express PLC, UK and Accept Express Holdings, Inc. (USA) for jointly working in the Indian Market for starting Accept Express in India which will be incorporated as an subsidiary of Koa Tools India.

Koa Tools India will own 70% Stake in the Indian Company and 30% stake will be owned by Accept Express PLC, UK & Accept Express Holdings, Inc. (USA).

This joint Venture will bring in technology from Europe and the United States in terms of merchant acquiring business and the USP of the Company will be to grow the card acquiring business in India.

The Company will launch its own Payment Gateway,Mobile POS Devices, IVRS Payment System, Mobile Payment App and several other products Including Prepaid Card Issuance. The Company will commence business operations after complying with the regulatory norms as prescribed by RBI. Accept Express will focus on the Digital India Initiative by the Prime Minister.

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Koa Tools India announces appointment of director
Jul 10,2017

The Board of Directors of Koa Tools India at its meeting held recently, have approved the appointment of Pramod Kaushal as an Independent Director of the company.

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Koa Tools India to enter into JV with Capricornian Clothings
Jul 10,2017

Koa Tools India is signing a Joint Venture with Capricornian Clothings in promoting Bridalsutraa.com an E-Commerce Joint Venture which will be focused on selling women clothesline and specializing in bridal wear from top designers from all around the world. The companies will jointly market the website online, through television programs and newspapers in India, UK and USA.

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Koa Tools India signs JV agreement with Deutche Hospitality
Jul 10,2017

Koa Tools India announced that it is signing a Joint Venture with Deutche Hospitality for development of 5 Star Hotel Projects in India and Overseas.

The Joint Venture will also acquire 5 Star Hotel Projects all over India & Overseas. The Company will jointly make Investments over $1 Billion in the Hospitality Sector.

The Company is already discussing Acquisitions of several 5 Star Hotels in India.

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Patel Integrated Logistics to invest Rs 80 crore to set up 10 warehouses
Jul 10,2017

Patel Integrated Logistics announced that to cash in on the just rolled-out goods and services tax, which is very positive for the logistics sector, the Company will invest around Rs.80 crore to set up 10 warehouses together measuring over 1 million sqft in the key traffic regions.

In the first phase more such facilities will come up in Ahmedabad, Chennai, and Gurgaon this financial year itself, while the second phase, which will begin next year, the Company plans to set up warehouses inPune, Mumbai and Hyderabad.

The first warehouse is being set up in Bengaluru for which the company has already taken land from the Karnataka Industrial Areas Development Board on a 99-year lease. The Company will invest around Rs 10 crore for this facility which will be ready in a few months. The company has already secured a Rs 5 crore loan from SIDBI for its Bengaluru facility. Currently, it has only one warehouse in Chennai.

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Hexaware Technologies unveils new brand identity & logo
Jul 10,2017

Hexaware Technologies unveiled its new brand identity and logo on 10 July 2017. The new logo reflects the vibrant personality and renewed purpose of the organisation.

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Shares of AU Small Finance Bank get listed
Jul 10,2017

The equity shares of AU Small Finance Bank (Scrip Code: 540611) are listed effective 10 July 2017 and admitted to dealings on the Exchange in the list of B Group Securities.

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GMR Goa International Airport concludes fund raising for Mopa Airport project
Jul 10,2017

GMR Goa International Airports, a subsidiary of GMR Airports and a step down subsidiary of the Company have successfully executed debtfacility agreement for the development of Greenfield airport at Mopa.

The entire debt of 1330 crore was underwritten by Axis Bank on long tenor door to door basis of 18 years on competitive terms.

GMR Airports had won the bid to develop & operate the Greenfield airport at Mopa in North Goa last year and the concession agreement was signed on 8 November 2016.

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K E C International bags news orders
Jul 10,2017

K E C International has secured new orders worth Rs 1845 crore. The Companys transmission and distribution has secured orders worth Rs 1684 crore while its cable business has won orders worth Rs 161 crore.

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Vaibhav Global appoints company secretary and compliance officer
Jul 07,2017

Vaibhav Global has appointed Sushil Sharma as Company Secretary and Compliance Officer with effect from 06 July 2017.

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Lakshmi Machine Works to hold board meeting
Jul 07,2017

Lakshmi Machine Works will hold a meeting of the Board of Directors of the Company on 7 August 2017 Quarterly Results

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ANG Industries to hold board meeting
Jul 07,2017

ANG Industries will hold a meeting of the Board of Directors of the Company on 17 July 2017 To take record the Unaudited financial Results of the company for the quarter ended on 30th June, 2017

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Just Dial to hold board meeting
Jul 07,2017

Just Dial will hold a meeting of the Board of Directors of the Company on 11 July 2017.

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