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Hyderabad-based pharma major Dr. Reddy's Laboratories has announced the launch of Versavo (bevacizumab biosimilar), 100 mg and 400 mg in the Indian Market on Monday. The said medicine is used for the treatment of several types of cancers.

In a move towards increasing credit to the MSMEs and the agricultural sector, the state owned bank - Bank of India is planning to raise Rs. 1500 to Rs. 2000 crore through Qualified Institutional Payment (QIP) by the end of this fiscal year.

Following stocks are close to their 52-weeks low as at 12:28p.m. on August 19, 2019.

The markets on August 19, 2019 opened gap up. BSE Sensex is trading at 37,666.85, up by 316.52 points and the Nifty is trading at 11,133.15, up by 85.35 points.

With this local assembly unit, the company will now be able to deliver products in reduced time and at more affordable prices. The assembly plant rolled out its first product, the compact SUV, KUV100 and will roll out a slew of products over the next 3 years.