Kotak Fund to invest ₹1,600 crore in Nimmagadda Prasad's API businessKotak Strategic Situations Fund (KSSF) plans to invest around ₹1,600 crore in the active pharmaceutical ingredients (API) business acquired...
Matrix Laboratories founder buys back API Biz from ViatrisNimmagadda Prasad, the founder of Matrix Laboratories, has bought back the active pharmaceutical ingredients (API) business he sold to Myla...
Matrix Labs founder buys back Viatris' API business in IndiaViatris' latest transaction includes three manufacturing sites and a R&D lab in Hyderabad, three manufacturing sites in Vizag and third-par...
Quixy CEO's love for numismatics goes back to his childhood, coin collection includes some British India era gemsNimmagadda collects coins & notes from various countries, even the ones with errors.
Andhra state EC moves HC, seeks contempt proceedings against chief secy, Panchayat Raj secyIn a petition filed before the bench of Justice Battu Devanand on Friday, the SEC has detailed the violations by the state’s top bureaucrac...
Supreme Court refuses to stay contempt proceedings against Andhra governmentThe bench comprising Chief Justice of India SA Bobde, Justices AS Bopanna and V Ramasubramanian turned down a petition filed by the Reddy g...
Andhra Pradesh shunts Covid-19 whistle-blower bureaucrat who deferred pollsLate on Friday, AP government issued orders removing the state election commissioner Nimmagadda Ramesh Kumar, whose decision to postpone lo...
Lulu Group to strike deal as Sachin Tendulkar exits Kerala BlastersTendulkar is selling his stake of more than 20% to Andhra Pradesh-based industrialist Nimmagadda Prasad, who in turn will sell the shares t...
Clean technology company Thinkphi raises angel fund from Nimmagadda PrasadThe company has made some early sales of its patented rainwater and solar harvesting product to key customers like Godrej Interio and Rusto...
Jaganmohan Reddy's remand extended to October 9 in DA caseThe remand of ex-minister Mopidevi Venkataramana and senior bureaucrats K K Brahamananda Reddy and Nimmagadda Prasad was also extended.
- Jagan case: AP minister Dharmana Rao appears before CBI court
The minister has already submitted his resignation to Chief Minister N Kiran Kumar Reddy, though it was yet to be accepted.
- CBI accuses another Andhra Minister in Jagan Mohan Reddy DA probe
CBI has named Andhra Pradesh's roads and buildings minister Dharmana Prasada Rao in its probe into the alleged disproportionate assets of Y...
- ED questions three accused in case against Jagan Reddy
Besides Acharya, ED officials questioned industrialist Nimmagadda Prasad and senior bureaucrat K V Brahmananda Reddy at Chanchalguda prison...
CBI grills Jagan Mohan Reddy again in disproportionate assets caseJagan Mohan Reddy today appeared before the CBI for the second round of questioning in connection with the alleged disproportionate assets ...
Ramalinga Raju too routed funds via industrialist Nimmagadda Prasad into Jagan’s firmSatyam's Ramalinga Raju had invested Rs 20 crore in Jagati publications belonging to Jaganmohan Reddy through industrialist Nimmagadda Pras...
- Jagan case: Former Secretary K V Bramhananda Reddy sent to 14-day custody
A local court today remanded in 14 days judicial custody former Andhra Pradesh special secretary K V Bramhananda Reddy and noted industrial...
- CBI arrests Matrix Labs founder Nimmagadda Prasad
CBI has accused Prasad of investing money in companies controlled by Jagan as quid pro quo for obtaining thousands of acres of land.