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Glenmark Pharmas U.S. arm to launch Leucovorin Calcium Injection in the U.S. Market

Mumbai, Dec. 11 -- The product is bioequivalent and therapeutically equivalent to the reference listed drug (RLD), Leucovorin Calcium for Injection, 350 mg/vial, marketed by Hospira Inc. Glenmark stat... Read More


Tata Steel gains after board nod to acquire over 50% stake in TPPL

Mumbai, Dec. 11 -- TTPL holds 100% stake in Brahmani River Pellets (BRPL), which operates a 4 MTPA pellet plant at Jajpur, Odisha along with a 212 Kilometer slurry pipeline. Its turnover was Rs 2,479.... Read More


EUR/USD sees excellent gains to approach 1.1700 mark

Mumbai, Dec. 11 -- Euro is holding near 1.1700 mark against the US dollar after the Federal Reserve on Wednesday announced its widely expected decision to cut interest rates by another quarter point, ... Read More


TCS announces $700mn deal to acquire US-based Salesforce consulting firm

New Delhi, Dec. 11 -- Tata Consultancy Services (TCS) is set to acquire Florida-based Coastal Cloud in an all cash deal of $700 million. Founded in 2012, Coastal Cloud is a leading multi-cloud Salesfo... Read More


Nepal terminates Double Taxation Avoidance agreement with Mauritius

Kathmandu, Dec. 11 -- The Government of Nepal has formally notified the Republic of Mauritius that it has terminated the bilateral Double Taxation Avoidance Agreement (DTAA) signed on August 3, 1999.M... Read More


Economic stability remains under threat without bank resolution regime: Experts at a seminar

, Dec. 11 -- Speakers and policy makers in a seminar on Thursday warned that Bangladesh's economic stability remains severely threatened without the immediate establishment of a credible bank resoluti... Read More


Dixon Technologies share price rebounds 6.5% after hitting 1-year low

New Delhi, Dec. 11 -- Shares of electronic manufacturing services company Dixon Technologies share price staged a strong recovery in Thursday's session, December 11. The stock opened lower and even sl... Read More


Citi India now 'better off' after retail unit sale, pivot to focus on corporate banking: Balasubramanian

New Delhi, Dec. 11 -- Citi India is banking on a large pipeline of equity listings, surging deals through cross-border mergers and acquisitions and providing financing solutions to corporate customers... Read More


Lemon Tree Hotels signs two property in Andhra Pradesh and Chhattisgarh

Mumbai, Dec. 11 -- Both the properties shall be managed by the company's wholly owned subsidiary, Carnation Hotels. The Lemon Tree Resort, Bapatla will offer 90 well-appointed rooms, a restaurant, a ... Read More


Sensex jumps 166 pts; private bank shares advance

Mumbai, Dec. 11 -- The key equity indices traded with small gains in the mid-morning trade after the U.S. Federal Reserve delivered its widely anticipated 25-basis-point rate cut, a move investors hop... Read More