CORPORATE
ANNOUNCEMENTS
Cipla slashes anti-AIDS drug prices by 30%
CIPLA has slashed the price on its antiretroviral (ARV) or anti-AIDS drugs range by 25 to 30 per cent in the domestic market. In a letter to doctors, the company said that patients could save more than Rs 360 per month on combination drugs ...
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Honda to make alterations in Accord cars
HONDA Siel Cars on Saturday said that it was carrying out alterations in its Accord cars as part of an international campaign. In a press statement, the company said the changes involved additional kit installations for the fuel pump and ...
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Ritspin Synthetics to enter garments business
AS a part its value-addition plan, Ritspin Synthetics Ltd, a leading producer of yarn from man-made fibre, has decided to enter into the garments business by outsourcing capacity in the East European countries. The company is set to begin this ...
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IOC to leverage expertise for overseas contracts
INDIAN Oil Corporation Ltd (IOC) will leverage on its domain expertise in the area of exploration and production (E&P) to bid for projects and contracts overseas. For the oil major, while a major part of its growth in the years ahead would be ..
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Ranbaxy to market UK co's diagnostic kit
"The new diagnostic kit will help in early diagnosis of rheumatoid arthritis and is 98 per cent accurate."
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`IBP will maintain identity as IOC's marketing division'
AFTER its merger with Indian Oil Corporation Ltd (IOC), IBP Co Ltd will maintain its identity as the marketing division of the former, according to Dr N.G. Kannan, Managing Director of IBP Co Ltd and Director (Marketing) of IOC. Addressing a ...
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MERGERS & ACQUISITIONS
Micro Inks leaves indelible mark — From Vapi to Washington Post
The company is now looking for new terrain in countries such as Brazil and Australia.
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CORPORATE GOVERNANCE
Book on business ethics released
Mr N.R. Narayanamurthy, Chairman and Chief Mentor, Infosys Technologies Ltd, has released a book on corporate accountability and ethics here. The book, Ethics Incorporated - Top Priority and Bottom Line by Dr Dipankar Gupta, argues that ...
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OUTLOOK
Barista to invest Rs 250 crore on expansion
NON-resident Indian businessman Mr C. Sivasankaran, who now runs Barista Coffee, has outlined a massive expansion plan for the business. This includes expanding the chain of Barista stores over 10-fold to 1,200 outlets in the domestic market ...
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TRENDS
Directors' pay rises faster than staff's
THIS is sure to bring more than a smirk to your face. The pay of directors on board Corporate India is rising faster than what is paid to employees down the line in the past three years. In their defence, you can certainly say that they earned ...
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