Drug firm Dishman Pharmaceuticals and Chemicals today said inspection of its Bavla plant has been successfully completed by the USFDA.
The company's Bavla plant inspection has been successfully completed by the United States Food and Drug Administration (USFDA), Dishman Pharmaceuticals and Chemicals said in a BSE filing.
The Bavla plant is mainly used for making pharmaceutical intermediate and active pharmaceutical ingredient (API's).
MBD Group to invest Rs50cr in augmented,virtual reality space
More From This Section
The firm, which completed its 60th anniversary this year, is foraying into virtual reality, targeting Kindergarten to Grade 12 as well as vocational education.
"We plan to invest Rs 50 crore towards our expansion and launch AR and VR educational content for students, which will be an extremely interesting way of learning things," a company statement said.
The group works with nearly 70,000 schools worldwide and caters to 50 million learners with 34 branch offices across India.
* * * * * *
Accenture, LinkedIn partner to host Hackfest 2016 * Accenture and LinkedIn have partnered to host Hackfest 2016 in Bengaluru from September 24-25.
All final and pre-final-year students across graduation and post-graduation courses in India are eligible to take part and the deadline for entry submission is August 15.
The contest winners will be selected by a jury of leading executives, including Ellyn Shook, Chief Leadership and Human Resources Officer, Accenture, Pat Wadors, Senior Vice President of LinkedIn's Global Talent Organization.
Besides, Ranjan Malik, founder of STORM the NORM Ventures, S Raghunath, professor of corporate strategy and policy at the IIM-B and Akshay Kothari,CEO of LinkedIn will form the jury.
* * * * * *
V-Mart Q1 down 18% at Rs 9 cr
* Multi-brand retail chain V-Mart has reported 18.23 per cent decline in its standalone net profit at Rs 9.15 crore for the first quarter ended on June 30, 2016.
The company had posted a net profit of Rs 11.19 crore during the April-June quarter in a year-ago period.
V-Marts net sales was up 10.96 per cent during the quarter under review to Rs 227.10 crore as against Rs 204.66 crore of the corresponding quarter of previous fiscal, the company said in a BSE filing.
V-Mart Retail CMD Lalit Agarwal said: "The market seems to be maintaining a status quo, slightly on the lower side as far as demand is concerned in the semi urban territory primarily tier I & II cities. Due to poor demand, the quarterly sakes were less than the expectations."
V-Mart is operating 127 stores in tier II and III cities.