DSIJ Mindshare

Mahindra & Mahindra subsidiary inks pact with Defence Ministry for airport surveillance radars

Anthony Fernandes 0 658 Article rating: 4.4

On Friday, Mahindra & Mahindra announced that its subsidiary, Mahindra Telephonics Integrated Systems (a JV between Mahindra Defence Systems Limited & US-based Telephonics Corporation) signed a contract with the Indian Ministry of Defence for the procurement of 11 airport surveillance radars (ARS).  

Sun Pharma enters into licensing agreement with Ferring to launch CARITEC in India

Anthony Fernandes 0 1239 Article rating: 4.1

Sun Pharmaceutical Industries Ltd announced today that one of its wholly-owned subsidiaries has entered into a licence agreement with Ferring Pharmaceuticals Private Limited, a subsidiary of Switzerland-based biopharmaceuticals MNC Ferring Pharmaceuticals, to commercialise a room temperature stable (RTS) formulation of the obstetric drug, CARITEC (Carbetocin RTS) in India.  

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