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22 June, 2018 4:52 PM JSW Steel plans to invest $500 mn in U.S. steel plant

To make it a fully integrated facility JSW Steel plans to invest up to $500 million in acquiring, enhancing and upgrading Acero Junction Inc., an integrated steel manufacturing unit with a potential capacity of three million tonnes per annum (MTPA), located at Ohio in the U.S., in phases. “This takes JSW’s overall investment blueprint for the U.S. market 27

22 June, 2018 1:46 PM Emami arm buys into U.S. beauty products company

KOLKATA: City-based Emami group has bought a stake in a U.S. beauty products’ company through its wholly-owned subsidiary in Dubai, the company said in a regulatory filing. The U.S. company deals in natural and organic personal care products. One of the promoters of Emami has also acquired a stake in the U.S. company, LOLI Beauty Inc. The investment 23

22 June, 2018 7:58 AM JSW Steel to invest up to $500 mn in US-based steel manufacturing unit

JSW Steel today said it will invest up to USD 500 million (about Rs 3,390 crore) to acquire, upgrade and enhance US-based integrated steel manufacturing unit Acero Junction Inc in phases. Acero Junction Inc, an integrated steel manufacturing unit with a potential capacity of 3 MTPA (million tonne per annum), is located in Ohio. The proposed investment 33

20 June, 2018 2:28 AM Canada Senate approves recreational use of marijuana

The country is set to become the first Group of Seven nation to legalize cannabis Canada's upper house of parliament on Tuesday approved a revised bill to legalize recreational marijuana, setting the stage for the country to become the first Group of Seven nation to legalize cannabis. The Senate voted 52-29 in favor of the revised bill from the elected 29

19 June, 2018 4:01 AM Strides Shasun rises 3% on USFDA nod for tablets to treat fungal infections

Shares of Strides Shasun added 3 percent in the early trade on Tuesday as company got an USFDA approval for Ketoconazole tablets USP. The company's wholly owned subsidiary Strides Pharma Global Pte has received final approval for Ketoconazole tablets USP, 200 mg from the United States Food & Drug Administration (USFDA). Ketoconazole tablets is a generic 42

19 June, 2018 2:27 AM Donald Trump Told Apple CEO Tim Cook iPhones Will Be Spared From China Tariffs: Report

President Donald Trump told Apple Inc Chief Executive Tim Cook that the U.S. government would not levy tariffs on iPhones assembled in China, the New York Times reported on Monday, citing a source familiar with the negotiations. The newspaper reported that Cook travelled to the White House last month to warn Trump of the potentially adverse effects of Trump's 45

15 June, 2018 5:22 AM Alembic Pharma gains 7% on EIR from USFDA for formulation facility at Panelav

Alembic Pharmaceuticals share price rallied as much as 6.6 percent in morning trade on Friday after the company received clearance report for its Panelav facility in Gujarat. The pharma company informed the exchange that it has received Establishment Inspection Report (EIR) from United States Food and Drug Administration (US FDA) after the inspection 49

11 June, 2018 2:38 PM Doctors want Nipah in revised MBBS syllabus

CEPI signs agreement for development of vaccine against Nipah The Nipah virus outbreak in Kozhikode district has prompted senior doctors to call for the inclusion of the epidemiology of this rare disease in the revised MBBS syllabus. They pointed out that Nipah, along with other vector-borne diseases, was on the rise in many States, especially Kerala 39

10 June, 2018 4:29 PM Walmart-Flipkart: CCI may suggest changes

Fair trade regulator Competition Commission of India (CCI) might recommend structural changes to the proposed Walmart-Flipkart deal to address possible competition concerns, according to officials. The CCI might take cues from a ruling in South Africa with respect to Walmart- Massmart deal, which was announced in 2010. Last month, Walmart Inc. announced 40

4 June, 2018 4:49 PM Microsoft to buy code host GitHub for $7.5 bn

Microsoft Corp. said on Monday it would buy privately held coding website GitHub Inc. for $7.5 billion in an all-stock deal to expand its clout among software developers. GitHub supplies coding tools for developers and calls itself the world’s largest code host with more than 28 million developers using its platform. “Microsoft is a developer-first company 45