The Hindu Business Line : Sunday, August 29, 2004

RESEARCH & DEVELOPMENT
GEAC approval for anti-hepatitis clinical trials
THE Genetic Engineering Approval Committee (GEAC) has permitted Cadilla Healthcare to conduct phase III clinical trials on recombinant human interferon alpha, which is used for the treatment of Hepatitis B and C. The company can start its ... More

ANNOUNCEMENTS
Dhunseri plans to remove Lodhas
THE phenomenon of removing Lodha & Co of Mr Rajendra Singh Lodha as the statutory auditor of some listed companies is extending beyond the ambit of Birla units. The Kolkata-based Dhunseri Group owned by Mr C.K. Dhanuka is considering replacing .. More

ONGC may set up trust for transportation fuels retailing — Plans to lease shipping assets to joint venture co
OIL and Natural Gas Corporation (ONGC) is considering setting up of a trust to operate its retailing operations for transportation fuels. In the trust, ONGC plans to hold 50 per cent, with the rest being held by individuals and company employees. ... More

Ranbaxy gets tentative nod from FDA for Gabapentin
RANBAXY Laboratories Ltd has received a tentative approval from the US Food & Drug Administration for generic anti-depressant, Gabapentin, in capsule form. According to the FDA, the approval is for "oral capsules" in 100 milligram, 300 mg and .. More

NEW PROJECTS
Tata Steel plans plant at Orissa
TATA Steel has expressed its commitment to set up a six million-tonne integrated steel plant at Duburi in Jajpur district of Orissa with an investment of Rs 12,000 crore. The company has also shown interest to invest in software development, ... More

Taj Group's budget hotels to come up in Uttaranchal
THE Taj Group of Hotels would set up 10 budget hotels in Uttaranchal in two phases in the next three to five years. In the first phase, the hospitality major would set up four hotels. Work on the first such hotel is expected to begin next ... More

SICK UNITS
HM's debt revamp plan okayed
HINDUSTAN Motors, manufacturer of the Ambassador car, on Friday said the company's proposal for restructuring of its term loan/working capital liability under the corporate debt restructuring (CDR) mechanism has been approved by the CDR Cell. ... More

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Illegal copper scrap import hitting domestic producers

Looking back
Aug. 22-Aug. 28
Audit panel must have at least 2 independent directors: Concept Paper

Singareni Collieries signs pact with labour union

Bosch plans Rs 1,000-cr investment — To build common rail systems thru Mico

Natural gas does not find favour with Tata Steel

ITC board clears hotel arms merger, share swap ratios

Birla Corp not to appoint Chairman

Reservation in the private sector — A rational, ritualistic placebo

Italian co picking up 10 pc stake in Elder Pharma

India Inc troubled by concept paper's `officer in default' provision