Cipla ties up with Serum Institute to sell vaccines in South Africa


MUMBAI - Cipla Ltd , India's fourth-largest drugmaker by sales, said on Thursday it had agreed to an exclusive deal with Serum Institute of India to supply vaccines to South Africa, adding a new market to their partnership in India and Europe.

L&T chairman casts doubt on India's economic revival 23 Sep 2015

MUMBAI - The chairman of one of India's biggest industrial groups, Larsen & Toubro Ltd, sees little sign of a recovery in Asia's third-largest economy, with some of his factories running far below capacity and facing a dearth of new orders.

HSBC's tycoon ties propel it to highest-ever rank as Asian deal advisor 18 Sep 2015

HONG KONG - HSBC Holdings PLC has shot to second rank among banks advising Asian firms on merger deals, its highest ever, due to ties to one man: Hong Kong tycoon and the region's richest man, Li Ka-shing.

Hero Cycles buys Firefox Bikes; eyes premium bike market 17 Sep 2015

MUMBAI - Hero Cycles on Thursday said it has bought Delhi-based Firefox Bikes for an undisclosed sum to expand its presence in the country's premium cycle market.

Serco finally sells BPO division to Blackstone 16 Sep 2015

LONDON - British outsourcing firm Serco has agreed to sell its Business Process Outsourcing operation to private equity firm Blackstone for 250 million pounds ($384 million), finally offloading an asset it had struggled to sell.

Drugmaker Cipla pushes into U.S. with two deals 04 Sep 2015

MUMBAI - Indian drugmaker Cipla Ltd is set to buy two U.S. generics businesses in cash deals worth $550 million, it said on Friday, following rivals with a push to enhance its presence in the world's largest generics market.

Man United signs deal with HCL in step towards new digital strategy 02 Sep 2015

LONDON - English Premier League club Manchester United said on Wednesday it had signed a partnership deal with IT firm HCL Technologies to improve its website and app as it gears up to launch a new digital media strategy.

Brookfield buys into Indian infrastructure with road and power deal 28 Aug 2015

NEW DELHI - Canada's Brookfield Asset Management made its first significant investment in Indian infrastructure, buying six road and three power projects on Friday from India's Gammon Infrastructure Projects Limited.

South Africa's Adcock Ingram to sell loss-making Indian unit 26 Aug 2015

JOHANNESBURG - South African pharmaceutical firm Adcock Ingram will dispose of its loss-making Indian unit, the company said in a statement on Wednesday.

Springer accelerates digital push with Business Insider buy 29 Sep 2015

FRANKFURT - German publisher Axel Springer is to buy a further 88 percent of news website Business Insider for $343 million, increasing its stake to 97 percent and accelerating its push into digital, English-language content.

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