Company Updates

Zydus Cadila wins USFDA Nod for Hydroxychloroquine Sulphate Pills

Zydus Cadila
Chennai: Cadila Healthcare Ltd has received USFDA approval for hydroxychloroquine sulphate tabs in the strength of 200 mg.

The medicine falls under the DMARD (disease modifying anti-rheumatic drug) section, and is used in caring rheumatoid arthritis.

According to NDC Health, the sales of such pills in the US market in 2006 stood at $30 million.

NDTV Aspires To Launch More TV Channels

Prannoy Roy During Award Ceremony
New Delhi Television (NDTV) has decided to launch more television channels, both nationally and internationally.
While talking at the launch of ‘MetroNation,’ NDTV’s 5th channel in the country, Prannoy Roy, chairman, stated, “By this year, or financial year end, there will be more channels from NDTV.”

Fidelity invests in BAG Films & Media

BAG Films

Suzuki Motorcycles Towards Expansion Mode

Suzuki Motorcycles India
Mumbai: A top functionary said that Suzuki Motorcycle India Pvt Ltd (SMIL), a subsidiary of Japanese two-wheeler major Suzuki Motor Corporation, has decided to invest Rs 150 crore to swell capacity and fortify its dealership network.

Armani Partners With Samsung To Bring Designer Cell Phones & LCD TVs

Giorgio Armani
To make a series of luxury mobile phones and LCD TVs, Giorgio Armani, the world famous designer has signed up a partnership deal with Samsung Electronics.

The pact that requires Giorgio to produce the designs, and Samsung to supply technical experience, was sealed off at the currently happening Women’s Fashion Week in Milan yesterday.

Hanung Toys Gets Rs 200 Crore Home Furnishings Order From US Buyer

Hanung Toys India
Mumbai: Hanung Toys & Textiles Ltd has pocketed Rs 200 crore export order for home furnishings from a leading US buyer.

For exporting home furnishing to the extent of around Rs 200 crore, the New Delhi-based company has signed up the export order deal with the company.

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