Sun Pharma announces USFDA approval for Gleevec
Sun Pharmaceutical Industries has received final approval from US FDA for generic version of Gleevec. As per IMS MAT August 2015, these tablets have annual sales of approximately US$ 2.5 billion in the US. These tablets are indicated for the treatment of chronic myeloid leukemia.
Rcom signs non-binding Term Sheet with Tillman Global
Leading communication firm, Reliance Communications has said that it has signed a non-binding Term Sheet with Tillman Global Holdings, LLC and TPG Asia, Inc. (“TPG”) in relation to the proposed acquisition of RCOM’s nationwide tower assets and related infrastructure by Tillman and TPG.
Apollo Tyres, Eicher operations near Chennai disrupted due to rains
Apollo Tyres and Eicher Motors (Royal Enfield) operations near Chennai disrupted due to rains; sentimentally negative for the companies.
Jain Irrigation gets shareholders nod to raise Rs400 cr
Jain Irrigation Systems said its shareholders approved the proposal for raising more than 400 crore funds through issue of equity warrants and compulsorily convertible debentures to agri-business funding firm Mandala Co-Investment and a promoter.
SKS Microfinance raises loan ticket size
SKS Microfinance said it has raised loan ticket size for one and two years of tenure to Rs 30,000 and Rs 50,000, as per reports.
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