PNB Housing Finance raised Rs. 2,500s crores from LIC
PNB Housing Finance raised Rs. 2,500s crores from LIC

PNB Housing Finance raised Rs. 2,500s crores from LIC

Pritam Bhawar Article rating: 3.0

PNB Housing Finance, a premier housing finance company in India, has raised Rs. 2,500 crores through the issue of secured redeemable nonconvertible debentures (NCDs).

Sun Pharma entered into an agreement with AstraZeneca
Sun Pharma entered into an agreement with AstraZeneca

Sun Pharma entered into an agreement with AstraZeneca

Pritam Bhawar Article rating: 4.5

Sun Pharmaceutical Industries (Sun Pharma) announced that it has entered into a licensing agreement with AstraZeneca UK Ltd. (AstraZeneca) to introduce certain new ready to-use (RTU) infusion oncology products in China. These products will help in cancer treatments. The agreement will play a big role in bringing cost-effective and quality drugs to patients in China.

ICICI Lombard partners with Karur Vysya Bank
ICICI Lombard partners with Karur Vysya Bank

ICICI Lombard partners with Karur Vysya Bank

Pritam Bhawar Article rating: 3.5

On Wednesday, ICICI Lombard announced a bancassurance tie-up with Karur Vysya Bank. The association will provide the bank’s customers an access to their insurer’s portfolio and make insurance more accessible to its customers across India.

Piramal Enterprises dips by 8.67 per cent after raising capital
Piramal Enterprises dips by 8.67 per cent after raising capital

Piramal Enterprises dips by 8.67 per cent after raising capital

Pritam Bhawar Article rating: 3.5

Piramal Enterprises announced that its Board has approved fresh capital raise of Rs. 5,400 crores through a Rights Issue and preferential allotment of Compulsory Convertible Debentures (CCDs).

Dixon to manufacture mobile phones for Samsung
Dixon to manufacture mobile phones for Samsung

Dixon to manufacture mobile phones for Samsung

Pritam Bhawar Article rating: 2.9

Dixon Technologies and Samsung India Electronics, entered into an agreement for manufacturing Mobile Phones. Dixon will be manufacturing feature phones for Samsung from its new manufacturing facility located at Noida, Uttar Pradesh.

Q2 scorecard of Bandhan Bank
Q2 scorecard of Bandhan Bank

Q2 scorecard of Bandhan Bank

Pritam Bhawar Article rating: 5.0
Bandhan Bank on Thursday announced its result for second quarter. The Net Profit of the bank rose by 99.18 per cent to Rs. 972 crore against Rs 488 crore in same quarter previous year. However, the numbers for this quarter are not comparable to the same quarter last year due to its merger with Gruh Finance. 
USFDA has approved Alembic Pharmaceutical's ANDA
USFDA has approved Alembic Pharmaceutical's ANDA

USFDA has approved Alembic Pharmaceutical's ANDA

Pritam Bhawar Article rating: 5.0

Alembic Pharmaceuticals announced that its joint venture named Aleor Dermaceuticals received approval for Desonide Ointment, 0.05 per cent from USFDA.

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