Mumbai, Nov 27 (PTI) Leading discount brokerage firm5Paisa Capital today said it is looking at increasing itscustomer base by 50,000 over the next year and unveiled aunique investor education initiative ‘5P School’ to leveragerise in new investor numbers over the next two years.
The online courses offered by 5P School are free ofcost and are aimed at educating a broad range of people suchas long-term investors, traders and particularly the novicemarket players seeking to enter the market.
***********Mylan launches cancer drug Bevacizumab*Mylan Pharmaceuticals today launched ABEVMY (injectionBevacizumab), an anti-angiogenic drug approved by the DrugController General of India (DCGI).
The drug is used to treat metastatic colorectal,non-small-cell lung carcinoma, glioblastoma, ovarian, cervicaland renal cancer as part of specific regimens for Indianpatients, a statement said.
A benefit for patients is its price for each therapycycle, which is comparatively lower than the existing options,it added.
***************Mirc Electronics introduces 15 new washing machine models*Mirc Electronics, the manufacturer of Onida appliancestoday said it has strengthened its washing machines productportfolio has launched 15 new washing machine models in frontload, top load and semi- automatic category.
The company's facility in Roorkee, can manufacture7.20 lakhs washing machines per annum on three shift basis,the company statement said.
Onida has sold 1.80 lakhs washing machines during thelast financial year and with launching these new models, thecompany is expecting this number rise.
*******************MTV Dropout winners funded by Amit Patni, Venture Catalysts*Integrated incubator Venture Catalysts today said ithas invested Rs 25 lakh in the start-up idea pitched by ERA,the winning team on the reality show MTV Dropout.
Venture Catalysts also served as the investor andincubation partner for the show, which enables aspiringentrepreneurs to turn their disruptive ideas into a viablebusiness, a statement said. Venture Catalysts will mentor theentrepreneurs and host the team at its co-working facility for6 months, it added. PTI AP DSKDSK.
This is unedited, unformatted feed from the Press Trust of India wire.