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Franchise India Bureau Oct 24 2018 - 1 min readAstraZeneca will acquire a newly-issued equity stake of 9.8% in smaller French peer Innate Pharma. The acquisition will strengthen AstraZeneca's presence in the field of immuno-oncology. The British drugmaker will buy the stake via around 6.26 million new shares being issued to it at a price of 10 euros per share. Pascal Soriot, Chief Executive Officer of ...
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Franchise India Bureau Oct 18 2018 - 1 min readVMware, a US-based IT company, is looking to invest $2 billion in India over the next five years for expanding its business and workforce. The $2 billion investment will enable the company to expand offices in Bangalore and Pune as well as increase workforce and capital expenditure for both research and development (R&D) and to ...
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Franchise India Bureau Jul 23 2018 - 1 min readThe Ministry of Ayush has proposed to bring in new curriculum on the lines of Gurukula model of education. Announcing the plan, secretary, Ministry of Ayush Rajesh Kotecha said the proposed curriculum on ayurveda was expected to be strong foundation for Ayush-based approach to management of health and wellness A press release quoted Kotech saying ...