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Sun Pharma settles litigation with Novartis to launch generic drug in US

Healthcare

15 May, 2014

Sun Pharma settles litigation with Novartis to launch generic drug in US

Sun Pharmaceutical Industries Ltd, the country’s largest drugmaker by market capitalisation, has signed a settlement agreement with international drug major ......

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Dabur family-promoted Lite Bite Foods eyes bigger bite from traveller's wallet

Consumer

15 May, 2014

Dabur family-promoted Lite Bite Foods eyes bigger bite from traveller's wallet

Dabur vice-chairman Amit Burman-promoted Lite Bite Foods Pvt Ltd, which runs a string of fine and casual dining restaurant chains ......

Social commerce startup VioletStreet & ride sharing app Ziffy raise over $16K each

TMT

14 May, 2014

Social commerce startup VioletStreet & ride sharing app Ziffy raise over $16K each

Social commerce startup VioletStreet.com and Ziffy, an app for ride sharing, managed to get an investment of Rs 10 lakh ......

Sun Pharma moves Supreme Court contesting stay on merger with Ranbaxy

Healthcare

15 May, 2014

Sun Pharma moves Supreme Court contesting stay on merger with Ranbaxy

Indian drug major Sun Pharmaceutical Industries Ltd approached the Supreme Court on Tuesday, contesting the status-quo order issued by Andhra ......

France-based Groupe SEB acquires remaining 45% stake in Maharaja Whiteline

Consumer

14 May, 2014

France-based Groupe SEB acquires remaining 45% stake in Maharaja Whiteline

France-based home appliance maker Groupe SEB has acquired remaining 45 per cent stake in Maharaja Whiteline, a small kitchen appliance ......

Bandhan names Deloitte as consultant to chart out road-map for banking foray

General

14 May, 2014

Bandhan names Deloitte as consultant to chart out road-map for banking foray

Kolkata-based Bandhan Financial Services Pvt Ltd has appointed Deloitte Touche Tohmatsu India Pvt Ltd as a consultant to advise in ......

RBI panel says PE funds should be allowed to buy as much as 40% in distressed banks

General

14 May, 2014

RBI panel says PE funds should be allowed to buy as much as 40% in distressed banks

A Reserve Bank of India-appointed panel, headed by PJ Nayak—former head of Axis Bank and Morgan Stanley India—has recommended that ......

Sony Music acquires 26% stake in infibeam's subsidiary Indent

TMT

13 May, 2014

Sony Music acquires 26% stake in infibeam's subsidiary Indent

Sony Music Entertainment has picked 26 per cent equity stake in Infibeam Digital Entertainment (Indent), a subsidiary of e-commerce player ......

CCEA ratifies 4.66% stake sale in BHEL

Others

13 May, 2014

CCEA ratifies 4.66% stake sale in BHEL

The Cabinet Committee on Economic Affairs (CCEA), headed by Prime Minister Manmohan Singh, on Tuesday ratified the decision to divest ......

OYO Rooms raises funding from Lightspeed & DSG Consumer Partners, launches branded marketplace for budget rooms

Consumer

14 May, 2014

OYO Rooms raises funding from Lightspeed & DSG Consumer Partners, launches branded marketplace for budget rooms

Delhi-based Oravel Stays Pvt Ltd, the company behind the online short-stay accommodation portal Oravel.com, has received funding from DSG Consumer ......

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