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Lupin sells intellectual property on Perindopril to Servier

Mumbai, Feb 21 (UNI) Lupin Ltd today announced that it has entered into an agreement with Laboratories Servier of France for the sale of certain patent applications and other related Intellectual Property (IP) for Perindopril for multiple countries.

''We are really pleased with this agreement with Servier. It goes a long way to demonstrate our Research and IP capabilities,'' said company MD, Kamal K Sharma in a release here.

UNI

Ruchi Infra raises US$ 40 mn via Zero Coupon FCCB SBICAP(UK) Ltd

Mumbai, Feb 21 (UNI) SBICAP (UK) Ltd, the wholly owned subsidiary of SBI Capital Markets (SBICAP) has successfully concluded a USD 40 million Zero Coupon Foreign Currency Convertible Bond (FCCB) issue for Ruchi Infrastructure Ltd. SBICAP (UK) was the sole lead manager for the issue. Ruchi Infrastructure Ltd is a part of Ruchi Group of Industries. The tenure of the FCCBs is 5 years and 1 day. The bonds will be listed on the Singapore Stock Exchange. In a statement,.....

GVFL to invest in RapidRadio Solutions from NirmaLabs

Ahmedabad, Feb 21 (UNI) GVFL, India's pioneer Venture Capital Company today announced its decision to invest an initial Rs 8 million in RapidRadio Solutions Pvt Ltd, a technology start-up spun off from the NirmaLabs incubator program. RapidRadio marks GVFL's first investment in a start-up from an academic incubator programme. RapidRadio Solutions began its operations in 2005 in the area of Radio Frequency Identification (RFID) technology. GVFL will make the seed stage investment from its Rs 270 million Gujarat IT Fund......

Actis Tech joins Codian for World Class Video Conferencing infrastru

Mumbai, Feb 21 (UNI) Actis Technologies Pvt Ltd, a leading audio visual and environment control solutions provider in India today joined with Codian, a leading manufacturer to bring Codian's innovative video conferencing infrastructure, including its revolutionary high definition HD MCU 4500 Series to India. Actis Technologies Pvt Ltd, Director, Mr Abhimanyu Gupta told reporters,''The Codian MCU 4500 Series is its latest generation and the only line of video conferencing bridges to deliver full-motion high definition(HD) Continuous Presence conferencing to users with.....
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