CORPORATE
ANNOUNCEMENTS
Morepen filing 6 new drug master files
MOREPEN Laboratories Ltd is once again gearing up for the US markets by filing six more drug master files (DMFs) in the next six months for treating various stress-related ailments such as diabetes, cholesterol and cardiac problems. With these ...
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COMPANY LAW
Draft rules soon on transfer pricing under Cos Act
THE Ministry of Company Affairs is working on a set of draft rules on transfer pricing in the context of related party transactions under the Companies Act. "The income tax, customs and excise laws already prescribe transfer pricing guidelines. ...
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FINANCIAL PERFORMANCE
Kairali makes Rs 6-cr profit
THIRUVANANTHAPURAM: Malayalam Communications Ltd, which owns the Malayalam satellite channel Kairali TV, has earned an operating profit of Rs 6.04 crore in the last financial year. Announcing this at a press conference here, the ...
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NEW PROJECTS
Dabur plans soaps foray Stays open to buying brands
"We have 3-4 formulations in Dabur Soaps, but these are meant only for exports, and unlikely to be be extended to the new brand."
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NTPC expansion project `on course' Commissions 500-MW unit VII at Ramagundam
NATIONAL Thermal Power Corporation (NTPC) has commissioned its 500-MW unit seven expansion project at its Ramagundam superthermal power station located in Karimnagar district, thereby taking its overall capacity there to 2,600 MW. This unit would ...
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ALLIANCES & JOINT VENTURES
Membrane Tech, DuPont tie-up to benefit Chemfab
CHEMFAB Alkalies Ltd will derive some financial benefits from the marketing agreement between its associate company Membrane Technologies Ltd, and DuPont. Under the agreement, DuPont will buy the hollow fibre membranes that Membrane Tech ...
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OUTLOOK
AP Paper Mills to adopt new tech for high-grade product
ANDHRA Pradesh Paper Mills Ltd would install a new technology for production of high-grade publishing paper as part of the company's Rs 630-crore, on-going expansion-cum-modernisation plan that would be completed by March 2007. According to the ...
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