Granules India announced that the United States Food and Drug Administration (USFDA) has approved the abbreviated new drug application (ANDA) filed by the company for Metformin Extended Release (ER) Tablets 500 mg and 750 mg. The approved ANDA is the bioequivalent to the reference listed drug product (RLD), Glucophage XR tablets of Bristol Myers Squibb. Granules India intends to commercialise this product shortly. The announcement was made after market hours yesterday, 19 March 2018.
Nitesh Estates said that the discussions with investor for raising capital is in advanced stage and is expected to conclude around 30 April 2018. Nitesh Pune Mall, a subsidiary of Nitesh Estates had stated to the stock exchanges on 25 October 2017 regarding its discussions with certain investors for raising capital of over Rs 350 crore. The announcement was made after market hours yesterday, 19 March 2018.
IFCI said that the Supreme Court, in special leave petition filed by IFCI and ITC, has set aside the judgement of Bombay High Court and has upheld the sale of the hotel property of Blue Coast Hotels by IFCI. The announcement was made after market hours yesterday, 19 March 2018.
Tata Communications said it is working with Surbana Jurong, one of Asia's largest urban, industrial and infrastructure consulting firms, to equip its Internet of Things (IoT) enabled lifts and escalators with secure, scalable connectivity to Microsoft's Azure cloud platform. Tata Communications, Microsoft and Surbana Jurong will be discussing their collaboration in a keynote panel at IoT Asia on 21 March 2018. The announcement was made before market hours today, 20 March 2018.
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