On the bankers' plea, the National Company Law Appellate Tribunal (NCLAT) had on May 17 annulled voting by homebuyers and lenders on NBCC's bid and allowed renegotiation on the offer by May 30. Voting process could start from May 31.
Swiss drugmaker Novartis on Friday won US approval for its gene therapy Zolgensma for spinal muscular atrophy (SMA), the leading genetic cause of death in infants, and priced the one-time treatment at a record $2.125 million.
The company has increased the prices of only poly pack milk and not bulk vended milk, also known as token milk.
Government requests for Facebook user data increased globally by seven per cent in the second half of 2018 with India being on the second spot after the US in the list of nations asking the social networking giant to divulge details, a top executive of the company has said.
Consumer healthcare firm Zydus Wellness Friday said the National Company Law Tribunal (NCLT) has approved scheme of amalgamation between two subsidiaries -- Heinz India Pvt Ltd with Zydus Nutritions Ltd -- post which, Heinz India has ceased to be in existence.
Singapore-based aircraft leasing company BOC Aviation on Friday said it has delivered three Boeing B737-800 NG aircraft to Indian carrier SpiceJet.
Reliance Capital (Rcap) Thursday said it will exit the mutual funds business by selling its stake in Reliance Nippon Life Asset Management Ltd (RNAM) to its joint venture partner Japan's Nippon Life Insurance.
The new services, which include flights to regional destinations such as Thiruvananthapuram, Vijayawada and Tirupati from Mumbai, will be launched between May 26 and May 30, SpiceJet said in a statement.
Drug major Cipla Wednesday reported over two-fold jump in consolidated net profit to Rs 357.68 crore for the fourth quarter ended March 31, mainly on account of robust sales across markets.