LIVE MARKET TRACKER :   BSE SENSEX   33251.61      |    NSE NIFTY 10252.20    
GLOBAL MARKETS :  NASDAQ      |    FSI London      |    NIKKEI Japan  
  USD GBP EUR CAD AUD INR
USD -
GBP -
EUR -
CAD -
AUD -
INR -
Indian-Commodity  :  Top News  :  DIL to sign term sheet to acquire stake in its subsidiary

DIL to sign term sheet to acquire stake in its subsidiary (12-Oct-2017)

DIL has received an approval to sign a Term Sheet to acquire 3,830,072 equity shares in its subsidiary, Fermenta Biotech (FBL), representing 21.05% of the issued and paid-up capital of FBL, from Evolvence India Life Sciences Fund LLC, a Private Equity Investor. The Board of Directors of the company at its meeting held on October 11, 2017 have authorised the same.

DIL (earlier known as Duphar-Interfran) is a well-respected public listed company. It has built a stellar reputation for itself in the arenas of pharmaceuticals, biotechnology, environmental solutions and other segments including Entertainment and Health & Wellness.


Top News Today
Adlabs Entertainment in talks with three PE firms to raise Rs 650 crore: Report
(13-Dec-2017)

Adlabs Entertainment in talks with three PE firms to raise Rs 650 crore: ReportAdlabs Entertainment is reportedly in talks with three private equity (PE) firms, including Blackstone Group Warburg Pincus and TPG to raise about Rs 650 crore from financial investors as part of a two-pronged......click on news to read complete article.

Kridhan Infra inks SSA to increase stake in VNC
(13-Dec-2017)

Kridhan Infra inks SSA to increase stake in VNCKridhan Infra (KIL) has signed a Share Subscription Agreement (SSA) to significantly enhance its strategic stake in Vijay Nirman Company (VNC). Post the completion of the transaction, VNC will operate......click on news to read complete article.

Alembic Pharma gets USFDA's nod for Darifenacin Extended Tablets
(12-Dec-2017)

Alembic Pharma gets USFDAAlembic Pharmaceuticals has received approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) Darifenacin Extended-Release Tablets, 7.5 mg and 15......click on news to read complete article.

International Stock News
US markets closed higher on Monday
(12-Dec-2017)

US markets closed higher on MondayThe US markets closed higher on Monday, with the S&P 500 index and Dow industrials closing at records on the back of a rally in telecommunications and technology shares. Wall Street shrugged off......click on news to read complete article.

Asian markets trade higher in early deals on Monday
(11-Dec-2017)

Asian markets trade higher in early deals on MondayAsian equity benchmark indices are trading higher in the early deals on Monday, lifted by encouraging employment data from the US that took the Standard & Poor's 500 Index to its third straight......click on news to read complete article.

US markets end at record highs on upbeat jobs data
(09-Dec-2017)

US markets end at record highs on upbeat jobs dataThe US markets traded with traction and ended near record high levels on Friday, as traders reacted positively to the closely watched monthly jobs report. The continued advance by stocks came following......click on news to read complete article.

 

     
  
Recent Top News News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.