CORPORATE
RESEARCH & DEVELOPMENT
Dr Reddy's teams up with Auckland varsity
To work on new heart pill; global trial to start in 2007
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Apollo Tyres plans R&D facility in Germany
Apollo Tyres may set up a research and development facility in Germany, a country known for its forte in tyre technology, said Mr Onkar S Kanwar, CMD, Apollo Tyres. The R&D facility is a stepping-stone towards strengthening the company's ...
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ANNOUNCEMENTS
Comnet resource for car segment
Comnet Publishers has launched AutoXchange - The Ultimate Car Marketplace, a print and online resource targeting car buyers. It aims to organise the car market for the benefit of both buyers and sellers. Speaking ...
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PREFERENTIAL ALLOTMENTS
Varun Shipping to make pref allotment to 4 FIIs
Varun Shipping has moved ahead with its proposal to issue shares to four FIIs, promoters and a venture capital fund. According to a communication to the stock exchange, the company has obtained shareholders' nod on November 29 for its proposal ...
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CORPORATE DISPUTES
`Great' expectations
With corporate wars on the rise, mediapersons, provided access to legal opinion in support of one party against the other, have noticed an interesting trend. In most cases, the legal opinion is sought from lawyers of eminence, with preference for ...
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ESOPS
Aditya Birla cos to issue employee stock options
Four Aditya Birla group companies have decided to issue employee stock option schemes, with an eye to both rewarding and retaining their employees. The employee options would be issued for the first time in the history of the group, which is ...
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AWARDS & HONOURS
Corporates' role in development activity stressed
Tata Steel receives LIBA award
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MERGERS & ACQUISITIONS
Spentex buys Uzbek firm assets
Spentex Industries Ltd said on Thursday it was acquiring the immovable assets of a company in Uzbekistan to set up a dyeing facility. The investment will be made through its subsidiary, Spentex Netherlands BV in technical and ...
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NEW PROJECTS
CM rules out police action to break Mamata strike
`Ready to discuss anything she wants to'
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Chambers concerned over politicisation of industrial investment
"There is growing anxiety ... that the thrust towards industrial regeneration could receive a severe setback."
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Joining the protest
PRO-FARMER: Writer and social activist Arundhati Roy at a protest march in New Delhi on Thursday against the West Bengal Government's decision to hand over farm land to Tata Motors. She is seen with a woman who was injured during an earlier ...
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Vasavadatta Cements plans to double output
Fourth unit in Gulbarga scheduled to go on stream by August next
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REGULATORY BODIES & RULINGS
Cairn to respond to SEBI on MRPL complaint soon
Evacuation of crude from Rajasthan field
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Lupin gets nod for migraine trials
Lupin Ltd has received approval from Drugs Controller General (India) to conduct phase-III clinical trials for its anti-migraine compound LLL-2011 (Amigra). The botanical drug product LLL-2011 is formulated as a nasal spray for ...
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ALLIANCES & JOINT VENTURES
Belgian co in licence pact with Bharat Bio
Manufacture of drug for vascular diseases
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Glenmark US arm in pact with Lehigh
Glenmark Pharmaceuticals, a wholly owned US subsidiary of Glenmark Pharmaceuticals Ltd (India), has signed a supply and marketing agreement with Lehigh Valley Technologies for manufacturing and marketing seven products in the US market. The ...
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SOCIETY & DEVELOPMENT
Sethusamudram Corpn plans
Sethusamudram Corporation Ltd has accorded approval for making a contribution of Rs 32,15,000 towards execution of 12 schemes under its coastal community development programme in Tuticorin and Ramanathapuram districts . According to Mr N.K. ...
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VENTURE CAPITAL
JP Morgan invests Rs 274 cr in Lodha project
JP Morgan has invested about Rs 274 crore in a premium residential project of Lodha Builders — `Lodha Bellissimo' — coming up at Apollo Mill lands in Mahalakshmi. "We have invested significant time and effort in understanding the ...
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OUTLOOK
Essar Oil may have struck mid-sized reserve in Mehsana
Likely to submit development plan to DGH
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ONGC plans to invest Rs 13,000 cr in western offshore fields
Oil and Natural Gas Corporation Ltd (ONGC) is planning to invest Rs 13,000 crore in its western offshore oil and gas fields over the next few years, ONGC officials familiar with the development said. By 2030, additional 10.6 million tonnes of ...
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SkodaIndia to hike prices in Jan
Luxury carmaker SkodaIndia today said it is considering a hike in prices of all its models by about Rs 15,000 effective from January 1. The company, which sells luxury sedans Octavia in the price range of Rs 11.08-11.19 lakh and ...
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PERFORMANCE
GAIL gets `excellent' rating for FY 2005-06
The Department of Public Enterprises under the Ministry of Heavy Industries and Public Enterprises has rated the performance of GAIL (India) Ltd during the financial year 2005-06 as `Excellent'. According to a statement issued by GAIL, the ...
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