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Aurobindo Pharma acquires branded non-oncology prescription business of Khandelwal Labs’ for Rs 325 crore

HYDERABAD: Pharma major Aurobindo Pharma is acquiring the non-oncology prescription business of Mumbai-based Khandelwal Laboratories Pvt Ltd on a going concern, slump sale basis for a cash consideration of Rs 325 crore in a move aimed at strengthening its presence in the domestic formulations market.The acquisition, done through its wholly owned subsidiary Auro Pharma Limited,…

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Delhi horror: Three bodies found inside abandoned car at Peeragarhi flyover, police suspect suicide | India News

Abandoned car found at Peeragarhi flyover (Image/ANI) NEW DELHI: Three people were found dead inside a car near the service lane of the Peeragarhi flyover in outer Delhi on Sunday, police said. Preliminary findings suggest that the case may be a suicide, though further investigation is underway.According to the Delhi Police, a PCR call was…

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Betting on iPhones! Tatas invest Rs 1,500 crore in Tata Electronics; company phones on contract for Apple

Counterpoint Research indicates that over 70% of iPhones sold in the US are manufactured in India. (AI image) The Tata group seems to be betting big on iPhones, with its latest regulatory filing with the Registrar of Companies indicating that it has injected an additional Rs 1,500 crore into Tata Electronics. This company manufactures iPhones…

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