Capitalstars Updates: News that mattered during the week: 20 Jan 2018

Important news that made headlines during the week.

• Biocon enters into a global partnership with Sandoz to develop, manufacture and commercialize multiple biosimilars in immunology and oncology
• Torrent Pharma acquires US-based generic pharmaceuticals Bio-Pharma Inc
• Tech Mahindra to acquire 17.5% shares of Altiostar on a fully diluted basis
• TCS expands partnership with Shure Inc to establish global development center
• Housing Finance gets RBI nod for US $500mn masala bonds
• Adani Power gets 49% stake in 600 MW Korba West Power
• Varun Beverages to acquire franchisee rights for Pepsico India in the state of Bihar
• Sun Pharma got a license to sell the generic version of Linzess in the US from February 1, 2031, after settling patent litigation
• GAIL, Gazprom sign pact for re-negotiated long-term LNG sale
• Texmaco Rail considering setting up logistics hub and food park in West Bengal
• Kotak Mahindra is mulling divesting its stake in MCX
• Bajaj Finance to hold 12.6% stake in Mobikwik on a fully diluted basis post-conversion of Compulsorily Convertible Preference Shares for a total investment of Rs225cr

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