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IL&FS moves closer to asset monetisation

New Delhi, July 15 (IANS) In a comforting move for lenders, and inching closer to asset monetisation, IL&FS has signed ‘Binding Term Sheet’ with lenders of three entities as part of its resolution process. The…

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IL&FS puts GIFT City commercial space for sale

New Delhi, July 15 (IANS) Continuing with its asset monetisation process, crisis-hit IL&FS on Monday invited expressions of interest (EOI) for commercial or office area with area of 9,600 square metres in Gujarat International Finance…






Takeda launches enzyme replacement therapy in India

New Delhi, July 15 (IANS) Expanding its portfolio of rare disease therapies in India, global bio-pharmaceutical company Takeda on Monday announced launch of the enzyme replacement therapy for ‘lysosomal storage disorders’ (LSD). “Under ‘lysosomal storage…





Ashok Leyland temporarily shuts Pantnagar plant

Mumbai, July 15 (IANS) Commercial vehicle maker Ashok Leyland on Monday said that owing to “weak demand and outlook for the industry”, it will close its Pantnagar (Uttarakhand) plant for eight days. “The Company’s Plant…





Future Enterprise’s stocks fall over CFO arrest

Mumbai, July 15 (IANS) The stocks of Future Enterprise on Monday fell over 5 per cent after the arrest of Executive Director and Chief Financial Officer Dinesh Maheshwari by Directorate of Revenue Intelligence on charges…




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