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Spencers Retail to acquire stake in Natures Basket

Spencers Retail has received approval for acquisition of 100% stake in Natures Basket, a Wholly Owned Subsidiary of Godrej Industries (GIL), subject to approval of the Shareholders of both the Companies. The Board of Directors of the Company at its meeting held on May 17, 2019 has approved the same. ... Read More »

Indian Hotels Company signs Taj hotel in Agra

The Indian Hotels Company (IHCL) has signed Taj branded hotel in Agra. This hotel is owned by Sincere Developers under a management contract by Taj. The hotel is strategically located within walking distance from the Taj Mahal and one of the three UNESCO World Heritage sites in Agra. The hotel ... Read More »

USFDA conducts inspection at Cipla’s Indore facility

The United States Food and Drug Administration (USFDA) has conducted a post-approval inspection at Cipla’s Indore facility from May 13 – 17, 2019. The inspection ended with zero observations. Cipla is a global pharmaceutical company which uses cutting edge technology and innovation to meet the everyday needs of all patients. ... Read More »