CORPORATE
ANNOUNCEMENTS
Elder Pharma to market Roche drug
Elder Pharmaceuticals has entered into an agreement with Roche to market osteoporosis drug, Bonviva, in India. Bonviva, whose main active ingredient is ibandronic acid, is priced at Rs 2,500 a tablet and has a dosage regimen of one tablet a ...
More
NEW BUSINESS
L&T bags $86-m China orders
Larsen & Toubro Ltd has bagged two contracts, valued at $86 million, from the Chinese petrochemical company Sinopec. L&T has been contracted to design, manufacture and supply three ethylene oxide reactors, each weighing above 1,000 tonnes. Th
More
COURTS/LEGAL ISSUES
Coal India may opt for re-categorising of consumers
Consequent to SC verdict banning e-auction of coal
More
HUMAN RESOURCES
Infosys unveils new HR practices
Nasscom to encourage gender empowerment
More
RESTRUCTURING
Punj Lloyd sets up engineering services outsourcing company
Engineering and construction services firm Punj Lloyd Ltd has set up a new company for carrying out back-office engineering activities for the group in India. The new engineering services outsourcing company — Simon Carves India Ltd, would ...
More
MERGERS & ACQUISITIONS
Willis BA India sets up M&A unit
Willis BA India Pvt Ltd has set up a mergers and acquisitions (M&A) division in the country. It will offer insurance to mitigate risks from M&A transactions. The fact that Tata AIG will soon launch similar M&A insurance products in the I
More
Petronet stake for Qatar: `Due diligence completed'
Offer is for $100 m FCCBs which translate to 7.5-12.5% equity
More
NEW PROJECTS
Tata Motors, Fiat to invest Rs 4,000 cr in new facility
Production of cars, engines to commence by 2008
More
Rama Pulp plans expansion
Rama Pulp and Papers Ltd will invest Rs 60 crore to acquire additional capacity of 40,000 tonnes per annum. Currently, its capacity is about 21,500 tonnes per annum. Out of the Rs 60 crore, Rs 15 crore will be promoters' ...
More
Gupta Syn to set up new unit
Gupta Synthetics Ltd will be setting up a new unit in Silvassa to manufacture nylon tyre cord fabric (NTCF) and nylon filament yarn (NFY) for a total investment of Rs 223 crore. The investment will be funded by a combination of ...
More
OVERSEAS INVESTMENTS
JB Chem pact with S. African co
JB Chemicals and Pharmaceuticals Ltd (JBCPL) has signed an agreement to make a strategic investment of $5.1 million in Biotech Laboratories (Pty) Ltd of South Africa. The investment, which is expected to be completed during the ...
More
REGULATORY BODIES & RULINGS
Ranbaxy gets US nod to make, market Cefprozil
Ranbaxy Laboratories Ltd said it has US Food and Drug Administration (US FDA) approval to manufacture and market Cefprozil tablets. The drugs will come in 250 mg and 500 mg, and treat pharyngitis or tonsillitis, otitis media, acute sinusitis, ...
More
ALLIANCES & JOINT VENTURES
ONGC confident of Shell role in Kalol project
Mulls floating special purpose vehicle for implementation
More
OUTLOOK
Century Building plans to set up SEZ
The city-based Century Building Industries Pvt Ltd has charted out a plan to set up a special economic zone (SEZ) for facilitating the establishment of educational, health and hospitality infrastructure. The SEZ would also have a foreign ...
More
Panna-Mukta-Tapti joint venture plans contract with Gujarat Gas
May sell gas at higher price than spot purchase
More
Parsvnath to construct 14 hotels
Delhi based real estate player Parsvnath Developers is planning to construct 14 hotels across the country. The company will enter in to a tie-up with a hotel chain for the operation of the hotels. "We are talking to both domestic and ...
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds