TOP CORPORATE NEWS - 23 DEC 2015

Tata Steel in talks with Greybull to sell Europe assets

Tata Steel UK has signed a letter of intent with Greybull Capital to enter exclusive negotiations for a potential sale of its long products Europe business.

Wipro to acquire Viteos Group for $130 mn

Wipro Ltd, a leading global information technology company has said that it has signed a definitive agreement to acquire Viteos Group, a BPaaS provider for the Alternative Investment Management Industry for a purchase consideration of $ 130 million.

Kaveri Seed: Mahyco Monsanto JV cancels Bt Cotton licence

Kaveri Seed: Mahyco Monsanto JV cancels Bt Cotton licence of Nuziweedu Seeds and its 2 subsidiaries. Move is over royalty payment litigation. Kaveri Seeds is also currently under litigation with Monsanto.

Suven Life jumps on securing 7 product patents

Suven Life Sciences surged nearly 7%, to Rs272.8, after the company secured a total of seven product patents in ARIPO, Europe, Hong Kong, Japan, Macau and South Korea.

Lupin gets USFDA nod for potassium chloride

Lupin has announced that it gets USFDA nod for potassium chloride. Potassium chloride is used to prevent or to treat low blood levels of potassium.


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