granules india limited

City-based pharma player granules india limited, on Monday said its wholly owned US subsidiary, Granules Pharmaceuticals Inc (GPI) has received three observations from the US drug regulator, US Food & Drug Administration (USFDA) for its facility located in Chantilly, Virginia, USA.

Hyderabad: granules india limited on Tuesday said it has appointed KVS Ram Rao as joint managing director & chief executive officer (CEO) with effect from January 5, 2022. Rao has over two decades of experience in pharmaceutical and chemical industries.

Anakapalli district collector Vijaya Krishnan inaugurated the transformed BC government boys’ hostel in Parawada, revamped under Granules India’s CSR initiative. Benefiting over 100 underprivileged students, the project addressed key infrastructure needs, offering hygienic washrooms, a functional kitchen, and clean boarding rooms. Education kits were also distributed, creating a safe, supportive environment that fosters academic focus and personal growth.

City-based pharma player, granules india limited, on Tuesday said that the facility at Virginia owned its wholly-owned foreign subsidiary, Granules Pharmaceuticals Inc (GPI), in the US has received an establishment inspection report (EIR) from the US Food and Drug Administration (USFDA).

The Hyderabad Pharma player, granules india limited, has announced a partnership with Greenko Group subsidiary Greenko Zeroc. The two companies will collaborate for the development of green molecule solutions and their wider applications in the pharma sector. The first of these zones will be built in Kakinada andhra Pradesh, where Granules will build a sustainable greenfield facility spread over 100 acres at an estimated cost of around 2000 crore over the next five years.

City headquartered pharma player Granules India Ltd reported an increase of 26% in net profit for the second quarter of FY17 at Rs 41 crore as compared to Rs 32.27 crore in the year ago period.

Hyderabad-based Granules India is gearing up to emerge as one of the largest PFI and finished dosage facilities in a single site in the world with an 18000 tpa and 18 billion tablets per annum respectively.

A freight train carrying 90-odd loaded containers, having 1,872 tonnes of polypropylene (PP) granules, was flagged off from the Concor siding at New Mangalore Port Authority on Wednesday. This freight train is destined for Khodiyar in Ahmedabad.

HYDERABAD: Union minister for law, Justice, Commerce and Industry Arun Jaitley on Saturday said the pharmaceutical industry and health care have become the key sectors in the growth of Indian economy.

HYDERABAD: Union minister for commerce and industry Arun Jaitley on Saturday said the pharmaceutical industry has become one of the key sectors in the Indian economy.

Standard Glass Lining Technology Limited, a Hyderabad-based specialized engineering equipment manufacturer, secured Rs 40 crore in pre-IPO funding from Amansa Investments. The company issued shares at Rs 140 per share, representing 1.55% of its pre-offer share capital. The funding comes ahead of its planned IPO, comprising a fresh issue of up to Rs 250 crore and an offer for sale of existing shares.

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