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Saturday, December 23, 2006
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ANNOUNCEMENTS
Aurobindo drug gets USFDA nod
Aurobindo Pharma Ltd (APL) has announced that the company has received tentative approval from the US Food and Drug Administration (USFDA) for Efavirenz capsules, 50 mg, 100 mg & 200 mg dosages. This is the company's 33rd generic More

CONSULTING
KPMG to bring out more reports
To focus on sub-verticals or issues within an industry More

MERGERS & ACQUISITIONS
Actis initiates talks to offload its stake in Punjab Tractors
More

DuPont, Biocon keen to move into Genome Valley
Offer letter given to 3G Biotech: Minister More

M&M to acquire German forgings co
Mahindra & Mahindra (M&M) has said that it has agreed to acquire 90.47 per cent stake in German forging company Schoneweiss & Co GmbH of Germany for an undisclosed amount. The acquisition will be made through one of its ... More

NEW PROJECTS
Jindal Steel Works to set up in West Bengal
A 10-million tonne capacity integrated steel plant is to be set up by Jindal Steel Works at Salboni in Paschim Medinipur district of West Bengal, according to Mr Sajjan Jindal, Vice-Chairman and Managing Director, Jindal Steel works. Speaking ... More

SAIL plant expansion to kick off tomorrow
SAIL's IISCO Steel Plant (ISP) at Burnpur in West Bengal is set to begin its new journey on December 24 when Prime minister Dr Manmohan Singh will inaugurate ISP's Rs 9,600-crore greenfield modernisation and expansion programme. The aim of the ... More

3 PILs on Singur acquisitions adjourned
A Division Bench of Calcutta High Court comprising the Chief Justice, Mr V.S. Sirpurkar, and Mr Justice Arun Kumar Mitra on Friday adjourned three public interest litigations relating to the alleged land acquisition in Singur, ... More

ALLIANCES & JOINT VENTURES
Hind Latex ties up with Sri Chitra
The central public sector Hindustan Latex Ltd has signed an agreement with the city-based Sri Chitra Medical Centre for developing a new intra-uterine device (IUD) containing hormone. As per the agreement, the IUD ... More

OUTLOOK
Porsche to launch Cayenne in India
Also looking at financial services business More

PEOPLE
Aijaz Ali is President of Green Park
Mr Aijaz Ali has been appointed President of Green Park Hotels. The Group has three hotels at Hyderabad, Chennai and Visakhapatnam. All these are under further development. The existing Green Park, Hyderabad, would be expanded by ... More






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