Elder Pharma, Combe tie up for hygiene products

Combe, Inc, and Elder Pharma are introducing three key solutions to help Indian women with their feminine needs

Elder Pharmaceuticals in association with New York based Combe Inc, a global brand leader in feminine care, has introduced Vagisil range of feminine personal hygiene products in India.

Combe, Inc, and Elder Pharma are introducing three key solutions to help Indian women with their feminine needs: Vagisil anti-itch creme, Vagisil intimate feminine wash and Vagisil intimate feminine lubricant.

“The Vagisil range of feminine hygiene products has been launched in India keeping in mind growing day to day problems of women including vaginal itching, dryness, odour, irritation, burning, redness, discharge and discomfort,” said Alok Saxena, joint managing director, Elder Pharma.

“The Vagisil anti-itch creme is a fast acting external itch reliever that soothes irritated skin and helps reduce further irritation. And it has patented odour block technology,” said Roberta Bloom, director of product safety and scientific support, Combe, Inc.

In the early afternoon, Elder Pharmaceuticals was trading at around Rs319.95 per share on the Bombay Stock Exchange, 0.28% down from the previous close.

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Parekh Aluminex acquires American Foils

Parekh Aluminex has not provided any financial details of the acquisition

Incorporated in 1994, Parekh Aluminex said that it is in process of acquiring 100% shares of American Foils Inc based in USA, by which it will become a wholly owned subsidiary of the company. However, no financial details of the acquisition were provided.

American Foils Inc is engaged in the business of manufacturing of aluminium pans, rolls, containers, foils, etc. This acquisition would strengthen the presence of the company in North America.

Parekh Aluminex is engaged in manufacturing and sale of aluminium foil containers (AFCs), its lids and covers and aluminium foil rolls (AFRs). The products find their application in packaging of food items in travel industry such as airlines, railways, fast food chains, restaurants, hotels etc and in household uses.

In the early afternoon, Parekh Aluminex was trading at around Rs321.75 per share on the Bombay Stock Exchange, 4.99% up from the previous close.

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McNally Bharat wins 2 orders from Visa Power

The contractual completion period is 16 months from the date of the contract.

McNally Bharat Engineering Company has received two orders from Visa Power.
The first order is for supply of one 1,600 TPH reversible stacker-cum-reclaimer and two 1,600 TPH bucket wheel type reclaimer including associated utility civil and electrical for 2 x 600 MW VISA Raigarh super thermal power project, Raigarh, Chhattisgarh at a price of Rs60 crore excluding all taxes and duties on FOR basis. The contractual completion period is 16 months from the effective date of the contract.

The second order is for erection testing and commissioning services for one 1600 TPH reversible stacker-cum-reclaimer and two 1600 TPH bucket wheel type reclaimer including associated civil works for 2 x 600 MW Visa Raigarh super thermal power project, Raigarh, Chhattisgarh at a price of Rs10 crore, excluding all taxes and duties. The contractual completion period is 16 months from the effective date of the contract.

In the early afternoon, McNally Bharat was trading at around Rs99 per share on the Bombay Stock Exchange, 0.3% up from the previous close.

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