In a meeting held on June 09, 2020, the board of directors of Minda Corporation Limited took the decision to file for insolvency of its German subsidiary, Minda KTSN Plastic Solutions GmbH & Co. KG (MKTSN)

World Bank released its global economic outlook stating that the COVID-19 outbreak has put the global economy into severe contraction. It estimates the world economy to contract by almost about 5.2 per cent this year, demonstrating the deepest recession since World War II

According to Bloomberg news, British pharma company AstraZeneca plc has advanced the proposition for a potential merger to an American biopharmaceutical company, Gilead Sciences Inc

We bid goodbye to FY2019-20 during the COVID-19 induced 21-day first nationwide lockdown which started on March 25, halting the economic wheel. Yet, we are aware that such a situation was not only in India, but experienced worldwide due to Coronavirus outbreak.

Aurobindo Pharma announced today that its wholly-owned subsidiary AuroLife Pharma LLC's oral solid manufacturing facility located at Dayton, New Jersey was inspected by United States Food and Drug Administration (USFDA) and thereafter, issued a Form 483 with nine observations

Strides Pharma Science announced today that its wholly owned subsidiary in Singapore, Strides Pharma Global Pte. Limited (SPG), has received USFDA approval for Triamcinolone Acetonide Ointment USP, 0.05 per cent

Biocon made an announcement that U.S. Patent and Trademark Appeal Board (PTAB) has administered in favour of Biocon's partner, Mylan, in inter partes review (IPR) proceedings, regarding all challenged claims of Sanofi's Lantus SoloSTAR device patents

Health care provider, Aster DM Healthcare made an announcement today about the impact the outbreak of COVID-19 has had on its business. It stated that its regular business operations were substantially impacted due to the nationwide lockdown situation

Dilip Buildcon declared today that it has raised Rs 100 crore by the issue of rated, listed, redeemable, senior, secured non-convertible debentures (NCDs)

On Thursday, Directorate General of Foreign Trade (DGFT) declared in a statement that the Government of India has now lifted the restriction on active pharmaceutical ingredient (API) exports of paracetamol with immediate effect