Medicamen enters into a significant contract manufacturing agreement

In a regulatory disclosure, Medicamen Biotech has informed that it has entered into a long-term Manufacturing & Supply Agreement with a prominent pharmaceutical distributor and marketing entity operating in the United States and Europe. Neither the name of the customer nor the financial details of the contract are disclosed. The company, however, has informed that collaboration … Read more

Nesco wins bid for a new business line

The Company has been adjudged as the highest bidder for Developing, Operating and Maintaining of Wayside Amenities in South Zone on Bengaluru Chennai Expressway Corridor (Phase II) Section on lease basis. The contract is awarded by National Highways Logistics Management Limited – a 100% owned SPV of National NHAI, Under Ministry of Road Transport and … Read more

L&T acquires 21% stake of E2E

Larsen & Toubro (L&T) is acquiring 21% stake of E2E Networks. E2E is a listed Company It was founded in 2009 and got listed in 2018 The Company mainly offers public cloud to it’s customers 21% stake acquisition by L&T is a combination of primary and secondary 15% primary through preferential allotment @ 3,622/ share … Read more

Krsnaa ties-up with Medikabazaar and United Imaging

The partnership will see the deployment of advanced imaging technologies made available by Medikabazaar and United Imaging across Krsnaa’s extensive network of diagnostic centers, primarily focusing on semi-urban and rural areas. (United Imaging is a global leader in high-performance imaging equipment. Medikabazaar is India’s largest B2B Healthcare procurement & supply-chain solutions provider) Plan is to establish … Read more

Godrej plans to list NBFC business in 3-4 years

Godrej Capital (GCL), the financial subsidiary of Godrej Industries (GIL) was started in 2020. Since then it has been providing home loans in select geographies. It is the holding entity for Godrej Housing Finance (an HFC) and Godrej Finance Limited (an NBFC). The business is ramping up nicely and GIL has now shared the following … Read more

Alkem enters into manufacturing and marketing of implants

Alkem MedTech Pvt Ltd (AMPL), a wholly owned subsidiary of Alkem Laboratories (ALL), has announced it’s 1st business initiative. It has entered into a design and technology transfer agreement with Exactech Inc (EI), a global medical device company headquartered in USA. AMPL will manufacture and market EI’s joint replacement implants for sale in India. The … Read more

Godrej Consumer to enter into the Pet Care business

Godrej Consumer (GCPL) has announced that it will enter the pet care business in the country through Godrej Pet Care (GPCL), a subsidiary of the company. GCPL will invest Rs 500 crore in this business over a period of five years Godrej Agrovet (GAL) will be the manufacturing and R&D partner Manufacturing is expected to … Read more