Hyderabad, India-based Aurobindo Pharma signed a definitive agreement to acquire certain assets from Sandoz Inc., U.S.A., a Novartis division, for a consideration of $900 million. The proposed acquisition will be on a debt-free and cash-free basis, and comprises the dermatology business and a portfolio of oral solid products along with commercial...
Lenovo to Manufacture Smart Wearables in India
Headquartered in Beijing, China, and Morrisville, North Carolina, the Lenovo Group Ltd., is looking to raise its share in the India market three times over. Since last year, when the firm started selling its wearables HW02 fitness band and HX03W cardio smartband through e-commerce sites in India, it achieved a 6-7...