Mumbai: A senior apex bank representative stated that the monetary policy steps taken by the Central Bank have kept inflation prospect down that contributed to corporate performance.

Mumbai: Ess Dee Aluminium Ltd has joined the battle to get hold of Canadian Alcan Inc's packaging unit in a transaction projected at $1 billion.

Mumbai: Ajanta Pharmaceuticals has signed an licensing contract with Canada-based Prollenium Medical Technologies to exclusively market the latter’s dermal filler ‘Revanesse’ in the Indian market.

A message from Ajanta Pharmaceuticals said that the Prollenium Technologies has its proficiency in “medical aesthetics.”

The note added that revanesse adds volume and polishes out deficiencies in the skin and also helps protect delicate skin areas from maturating.

Mumbai: In the biggest-ever reaction to a public stock bidding, the state-owned Power Grid Corporation of India (PGCIL ) has got subscription of Rs 1,90,000 crore, a slice of which came from provident and retirement funds capitalists who infrequently insert money into equity.

The company will raise about Rs 2,985 crore through the IPO that has been oversubscribed 65 times. Capitalists were offered a price band of Rs 44 to 52 for building the book.