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National News: At least six killed in fire accident in Andhra Pradesh's pharma unit

At least six killed in fire accident in Andhra Pradesh’s pharma unit : Rashtra News #killed #fire #accident #Andhra #Pradeshs #pharma #unit At least six persons were killed in a major fire accident that occurred in the Porus Laboratories Pvt. Ltd, a pharmaceutical and chemical manufacturing unit in Akkireddy Gudem village, Musunuru Mandal in Eluru district

Eluru
Andhra-pradesh
India
Musunuru-mandal
Akkireddy-gudem
Pharmaceuticals-ingredients-apis
Stainless-steel
Government-general-hospital
Nuzvid-deputy-superintendent
Active-pharmaceuticals-ingredients
Speciality-chemicals
Accident

Bain Capital brings new CEO for Porus Labs after buyout

Private equity firm Bain Capital has brought on board a new chief executive for Porus Labs, the Hyderabad-based manufacturer of agricultural and speciality chemicals in ......

Hyderabad
Andhra-pradesh
India
Porus-labs
Bain-capital
Porus-laboratories
Anufacturing
Eople
Sreeja-biswas
Rivate-equity

Courting Cipla: Why giants like Blackstone, Torrent Pharma and Dr Reddy's want to buy the pharma major

Pharma major Cipla has generated considerable interest from private equity players. What makes it such an alluring prospect, and what does the future hold for this storied company? - Issue Date: Oct 29, 2023

Cambridge
Cambridgeshire
United-kingdom
United-states
South-africa
Manipal
Karnataka
India
Germany
New-york
South-african
America

Bain Capital acquires specialty chemicals maker Porus Labs

In FY22, Porus posted net sales of ₹806.7 crore, a 19% rise from ₹678.4 crore in FY21. Earnings before interest, taxes, depreciation and amortization (Ebitda) rose 97% to ₹241.6 crore from ₹122.9 crore during the period.

Canada
India
Cohance-lifesciences
N-purushothama-rao
Srinivasan-namala
Evoqua-water-technologies-corp
Advent-international
Xylem-inc
Bain-capital
Sajjan-india
Pension-plan-investment-board
Evoqua-water-technologies

Bain Capital emerges as front-runner for Porus Labs

Bain Capital has emerged as the front-runner for Porus Laboratories having signed an exclusivity pact with promoters of the Hyderabad-based company, four people with knowledge ......

Hyderabad
Andhra-pradesh
India
Porus-labs
Porus-laboratories
Bain-capital
Cvc-capital-partners
Porus-laboratories
Inance
Ranjani-raghavan
Neha-shah

PTT backs UK firm; Atlas Capital initiative; Nusantara fund launch

A group of Asian investors including Gulf Energy and HK's New World Development are joining a sustainability-focused coalition.

Indonesia
Germany
Nusantara
Jawa-barat
Singapore
Hong-kong
Thailand
United-kingdom
Indonesian
German
Thai
British

CVC Capital, two other PE firms in race for drugmaker

European private equity firm CVC Capital and at least two US-based buyout firms that have previously invested in Indian chemical and pharmaceutical companies have evinced interest in acquiring a Hyderabad-based drugmaker, two people in the know said.   Boston-based PE firms Advent International and Bain Capital are among others in the ......

Boston
Massachusetts
United-states
Hyderabad
Andhra-pradesh
India
Advent-international
Bain-capital
Cvc-capital
Advent-international
Bain-capital

CVC,  Advent, Bain in race to buy Porus Labs for about ₹2,500 cr

Hyderabad-headquartered Porus Labs runs a pharma and chemicals business, developing and manufacturing pharma intermediates and specialty chemicals.

China
India
Canada
Chinese
N-purushothama-rao
Cohance-lifesciences
Porus-lab
Jp-morgan
Porus-laboratories
Porus-labs
Purushothama-rao
Sajjan-india

AP govt brings out new safety guidelines to check industrial accidents

AP govt brings out new safety guidelines to check industrial accidents
deccanchronicle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deccanchronicle.com Daily Mail and Mail on Sunday newspapers.

Visakhapatnam
Andhra-pradesh
India
West-godavari
Amaravati
Tamil-nadu
Madireddy-pratap
Fire-services
Ap-fire-service
Director-general
Service-act
Indian-penal-code

Andhra Pradesh 'gas leak': Affected workers stable, says apparel unit

Workers of an apparel manufacturing unit in the Brandix Special Economic Zone at Atchyutapuram near here, who fell sick on August 2 night due to what was suspected to be a mysterious gas leak, were stable as they were being treated in different hospitals.

Hyderabad
Andhra-pradesh
India
Visakhapatnam
Jagan-mohan-reddy
Gudivada-amarnath
Nara-lokesh
P-ravi-subhash
Telugu-desam-party
Seeds-intimate-apparel-india-private-ltd
Indian-institute-of-chemical-technology
Brandix-special-economic-zone

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