Fri, 03-Jul-2020

India

Intel to Invest $255 Million in Reliance’s Jio Pla...

Intel Corp’s investment arm will pay some $255 million for a small stake in Reliance Industries Ltd’s digital unit Jio Platforms, the latest in a slew of share sales that have helped the Indian conglomerat... July 3, 2020 2:30 pm By Neha Mule

India Approves Human Trials for Second COVID-19 Vacc...

Zydus has received approval from Indian regulators to begin human studies for its COVID-19 vaccine contender, the drugmaker said on Friday, as the novel coronavirus infections continue to surge in the world’... July 3, 2020 1:41 pm By Neha Mule

Carlyle to Buy 25% of Bharti Airtel’s Data Center ...

Carlyle will buy a 25% stake in Indian telecom firm Bharti Airtel Ltd’s data center arm for $235 million, the U.S. private equity group said on Wednesday, as it taps into the rapid growth of digital services... July 1, 2020 12:15 pm By Neha Mule

India’s Chinese App Ban Seen Jolting $1 Billion Ex...

An Indian ban on dozens of Chinese apps following a border clash between the two nations has possibly derailed a $1 billion India expansion plan of China’s ByteDance, while also sparking an uproar from users... June 30, 2020 11:24 am By Neha Mule

Carlyle Buys 20% Stake in Piramal Pharma Businesses

U.S.-based Carlyle Group Inc has agreed to buy a 20% stake in the pharmaceutical unit of Indian conglomerate Piramal Enterprises Ltd for about $490 million, the companies said in a statement on Saturday. ... June 27, 2020 10:31 am By Neha Mule

Cipla to Price Remdesivir Version for COVID-19 Under...

Indian drugmaker Cipla Ltd will price its generic version of Gilead Sciences Inc’s antiviral drug remdesivir for use in COVID-19 patients at less than 5,000 rupees ($66), the company said. Cipla and p... June 23, 2020 2:14 pm By Neha Mule

Amazon Gets Clearance to Deliver Alcohol in India- D...

Amazon.com Inc has secured clearance to deliver alcohol in India’s eastern state of West Bengal, according to a document seen by Reuters, signalling the U.S. e-commerce giant’s first foray into the count... June 20, 2020 11:15 am By Neha Mule

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