{LONGTERMINVESTORS} Corporate Snippets ² Lupin Pharmaceuticals Inc launched metformin, its generic copy of diabetes drug Glumetza, in the US market. A First-to-File (FTF) product, the company will be priced 15-20% lower and enjoy 180 days of marketing exclusivity by the US Food and Drug Administration (FDA). (ET) ² Indian Oil Corporation, is hoping to build a strong upstream portfolio as the oil rout turns assets cheaper while leaving traditional upstream companies such as Oil and Natural Gas Corporation with depleting cash reserves. (ET) ² Tata Motors said on Tuesday that it has decided to rename its soon-to-be-launched hatchback Zica as concern grows globally over the outbreak of the identical sounding name Zika virus (BS) ² PC Jewellers said that the Reserve Bank of India has approved increase in investment limit by foreign institutional investors/foreign portfolio investors. (BS)

Corporate Snippets

 

²  Lupin Pharmaceuticals Inc launched metformin, its generic copy of diabetes drug Glumetza, in the US market. A First-to-File (FTF) product, the company will be priced 15-20% lower and enjoy 180 days of marketing exclusivity by the US Food and Drug Administration (FDA). (ET)

²  Indian Oil Corporation, is hoping to build a strong upstream portfolio as the oil rout turns assets cheaper while leaving traditional upstream companies such as Oil and Natural Gas Corporation with depleting cash reserves. (ET)

²  Tata Motors said on Tuesday that it has decided to rename its soon-to-be-launched hatchback Zica as concern grows globally over the outbreak of the identical sounding name Zika virus (BS)

²  PC Jewellers said that the Reserve Bank of India has approved increase in investment limit by foreign institutional investors/foreign portfolio investors. (BS)

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CA Mihir Desai

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