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Marksans Pharma intimates of USFDA inspection of its manufacturing facility at Goa
Apr 10,2017

Marksans Pharma announced that the United States Food & Drug Administration inspected its manufacturing facility located at Goa from 03 April to 07 April 2017. At the end of the inspections, there were 4 (four) observations given under Form 483. The company is already addressing the same and is confident of satisfying the FDA within stipulated time.

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Ortel Communications unveils One Terabyte data plan
Apr 10,2017

Ortel Communications unveiled its One Terabyte (1024 GB) data plan on the DOCSIS 3.0 platform at a mega speed of 100 Mbps. The OneTerabyte plan is priced at Rs. 4,999, which is highly economical for users who download huge amount of data in the form of HD movies, watch full seasons of TV series, play higher end online games, use videos and pictures for professional or educational purposes. With this blockbusterplan, Ortel is also offering its Digital TV services free as a double bonanza for all the customers opting for the One TB Plan.

Ortel has also announced the withdrawal of all its data plans below 1 Mbps speed.

By upgrading its minimum broadband speed to 1 Mbps, Ortel has again set a benchmark in the regions that it operates currently. Existing customers will automatically be upgraded to this speed, thus enhancing their overall browsing experience. The data limits too have been increased multifold at nominal prices. All the plans are without any daily limit, which can be used by the subscribers at their convenience without worrying about exhausting the limit or losing the data within the monthly billing period. The new plans are available from Rs. 299 onwards and thechoice of speeds can range upto 100 Mbps for homes, whereas the SMEs and corporates can choose their speeds even beyond 100 Mbps using fiber leased lines. The Data download limits are also revised upward. Now customers can avail plans with the Download Limits of 10 GB to200 GB before they can migrate to a Terabyte Plan.

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Sterling Tools to hold board meeting
Apr 10,2017

Sterling Tools will hold a meeting of the Board of Directors of the Company on 12 April 2017, to discuss and approve the proposal of issuance of Equity Shares on Preferential Issue Basis, subject to approval of the board of directors,

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Sterling Green Woods to hold EGM
Apr 10,2017

Sterling Green Woods announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 10 May 2017 .

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Ajanta Pharma intimates of successful inspection of its facility at Dahej
Apr 10,2017

Ajanta Pharma announced that its formulations facility at Dahej was inspected by USFDA from 03 April to 07 April 2017. At the end of the inspection, no Form 483 was issued to the Company.

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NIIT in partnership with Humber College selected as Exclusive Provider of Real Estate education programs
Apr 10,2017

NIIT announced that the Real Estate Council of Ontario (RECO) has selected NIIT Learning Solutions (Canada) in partnership with Humber College Institute of Technology & Advance Learning, Canada as the Exclusive Designate to redesign, deliver, and maintain its flagship real estate education programs for professionals in the province of Ontario for a period of 5 years.

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Glenmark Pharmaceuticals receives final approval for Fenofibrate Capsules
Apr 10,2017

Glenmark Pharmaceuticals Inc., USA (Glenmark) has been grantedfinal approval by the United States Food & Drug Administration (U.S. FDA) for Fenofibrate Capsules USP, 67 mg, 134 mg and 200 mg, the generic version of Tricorn++ Micronized Capsules, 67 mg, 134mg, and 200 mg of AbbVie, Inc.

According to IMS Health sales data for the 12 month period ending February 2017, the Tricorn++ Micronized Capsules, 67 mg, 134 mg and 200 mg market1 achieved annual sales of approximately $97.5 million.

Glenmarks current portfolio consists of 114 products authorized for distribution in the U.S. marketplace and approximately 64 ANDAs pending approval with the U.S. FDA

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Dilip Buildcon receives LoA for two road projects in Maharashtra
Apr 10,2017

Dilip Buildcon has received Letter of Award from Ministry of Road Transport & Highways (MORTH), Government of India for two EPC road projects in the State of Maharashtra.

Rehabilitation and upgradation of two lane with paved shoulders on EPC mode from Kalamb to Wadki - Bid Project cost Rs 343.72 crore - Bid Price - Rs 292.50 crore.

Rehabilitation and upgradation of two lane with paved shoulders on EPC mode from Majalgaon to Kaij - Bid Project cost Rs 340.04 crore - Bid Price - Rs 288.00 crore.

The construction period for both projects is 24 months.

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Page Industries announces demise of director cum CFO
Apr 10,2017

Page Industries announced the sad demise of Pius Thomas, Executive Director- Finance & Chief Financial Officer of the Company, on the wee hours on 07 April 2017.

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L&T Construction wins USD 817 mn order from Qatar General Electricity & Water Corporation
Apr 10,2017

Larsen & Toubro announced that the Power Transmission and Distribution Business of L&T Construction has won its single largest order in the Middle East from their esteemed customer KAHRAMAA - Qatar General Electricity & Water Corporation - for its ongoing Qatar Electricity Transmission Network Expansion Plan - Phase XIII. Through this ambitious project, KAHRAMAA intends to expand the existing power transmission network to meet the ever increasing demand for power due to the developmental work in the State of Qatar.

The prestigious USD 817 million (Rs 5250 crore) order will involve the engineering, procurement and construction of 30 new Gas Insulated Substations of varying voltage levels of 220kV , 132 kV and 66kV and approximately 560 km of 123 kV and 66 kV underground cables under various definite and framework packages. The project is scheduled for completion in phases from 15 to 32 months.

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Alan Scott Industries files petition before NCLT for reduction of share capital
Apr 08,2017

Alan Scott Industries has filed the petition for reduction of share capital of the Company before NCLT, Mumbai on 06 April 2017.

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Indiabulls Housing Finance allots NCDs aggregating Rs 43 cr
Apr 08,2017

Indiabulls Housing Finance announced that on 07 April 2017 the Company has allotted its sixteenth tranche of Secured, Redeemable, Non-Convertible Debentures of face value Rs. 10 lakh each (NCDs) aggregating to Rs.43 crore on private placement basis.

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Cosmo Films to set up new production line for Speciality Polyester (BOPET) Films
Apr 08,2017

Cosmo Films has announced plans to install a new production line for Speciality Polyester (Biaxially - Oriented Polyethylene Teraphthalate) films by the third quarter of 2018-19. The new line will be commissioned at the Waluj Plant site in Aurangabad, Maharashtra with a capacity of 36,000 MT per annum. The project for the new line will entail an investment of Rs 250 crore.

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Larsen & Toubro commissions two large gas based power projects
Apr 07,2017

Larsen & Toubro has commissioned gas turbines in open cycle for two large gas based power projects in Bangladesh in quick succession during March 2017. The projects are being executed by Gas Based Power Projects business unit of L&T Power based in Baroda.

The first 150 megawatts (MW) gas turbine for Bangladesh Power Development Board (BPDB)s 225 MW combined cycle (dual fuel) power plant at Sikalbaha in Chittagong district was synchronised with the national grid on 25 March 2017.

The second 280 MW gas turbine for North West Power Generation Co (NWPGCL) combined cycle power plant of 360 MW capacity development project at Bheramara in Kushtia district was synchronised with the grid on 31 March 2017.

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Healthcare Global Enterprises gets upgradation in credit ratings
Apr 07,2017

Healthcare Global Enterprises announced that ICRA has upgraded the long term rating to ICRA A- from ICRA BBB+. The outlook of the long term rating has also been revised from positive to stable.

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