CORPORATE
RESEARCH & DEVELOPMENT
Dr Reddy's diabetic drug enters phase I trials
Dr Reddy's Laboratories-developed candidate anti-diabetic drug has entered Phase I clinical trials in the Netherlands. Perlecan Pharma Private Ltd, India's first integrated drug development company, promoted jointly by Dr Reddy's Laboratories ...
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ANNOUNCEMENTS
Shaw Wallace's net worth exceeds paid-up capital
Shaw Wallace & Company Ltd (SWC) is no longer a sick company in view of the company's net worth becoming more than its paid-up capital. However, keeping in view the provisions of the Sick Industrial Companies (Special Provisions) Act, 1985, the
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PREFERENTIAL ALLOTMENTS
NCL Ind to issue pref shares to First Carlyle
NCL Industries Ltd has proposed to opt for a preferential issue of equity shares to First Carlyle Ventures Mauritius or, at its sole discretion, any one of its nominees and/or affiliates. Simultaneously, it wants to extend the offer to the ...
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OVERSEAS BORROWINGS
Country Club raises $25 m
Country Club India Ltd has informed BSE that the company has raised $25 million by issuing foreign currency convertible bonds (FCCBs) in the international markets. These FCCBs will be listed on the Singapore Stock Exchange. Elara Capital Plc, ...
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Claris Life raises $25m thru ECB
Claris Lifesciences Ltd has raised $25 million (Rs 110 crore) through external commercial borrowings. Barclays Capital was the lead arranger for the issue. The ECB marks the second fund raising done by Claris this fiscal, after Carlyle's ...
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NEW BUSINESS
L&T may bag civil contract for Bangalore airport
Air India-SATS combine's final decision soon
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C&C Constructions bags NH project
C&C Constructions Ltd, a Gurgaon-based infrastructure project development company, in a joint bid with B. Seenaiah and Company (Projects) Ltd, has bagged an Rs 380-crore build-operate-transfer road project in Punjab from the ...
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DS Constructions signs concession pact with NHAI
DS Constructions Ltd (DSCL) has signed the concession agreement with National Highways Authority of India (NHAI) for four-laning of the Gwalior-Jhansi Expressway section on NH-75 on buildoperate- transfer (annuity) basis. The 80.127-km long ...
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AWARDS & HONOURS
National Engg bags EEPC award
National Engineering Industries Ltd (NEI), part of the GP-CK Birla Group and a manufacturer of NBC bearings, has received the "Export Excellence" award in large enterprises category for highest performance in export of ...
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CORPORATE BONDS
Ministry seeks nod for coal cos to list debt instruments
The instruments will become more liquid and offer investors an exit route at market-determined prices.
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RESTRUCTURING
Surana Strips board to consider sale of units
Surana Strips Ltd has informed the BSE that a meeting of the company board would consider decision for sale of plant and machinery. The board will fix the date and venue of the extraordinary general meeting for the approval of the notice for ...
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Bakelite Hylam on revamp mode
Bakelite Hylam Ltd (BHL) here has proposed a series of steps to restructure the company. It has vested the authority to the board to sell surplus / non-critical IPR (intellectual property rights), formulation, technical knowhow / trademarks, etc ...
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MERGERS & ACQUISITIONS
Daewoo buy: Videocon seeks 13 pc discount on agreed price
`Deal unlikely to be wrapped up by year-end'
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NEW PROJECTS
`We cannot go back on Singur'
Word given to Ratan Tata is final, says Buddhadeb
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Mamata put on oxygen
Refuses to call off fast unless Govt commits to return land to farmers
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ALLIANCES & JOINT VENTURES
ITC-Marubeni pact seen as new trend in commodities trading
Identifies areas of cooperation for leveraging in-house competencies, synergies
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Geojit forays into Saudi market through joint venture
Aims to capture 10% of trading volumes of Gulf nation
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Atlanta, NG Realty enter pact for SEZ
Infrastructure development and construction company, Atlanta Ltd, is foraying into the special economic zone (SEZ) segment. The company has concluded a memorandum of understanding with Ahmedabad-based NG Realty Pvt Ltd to set up a Rs ...
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OUTLOOK
GAIL set for unbundling of marketing, transmission biz
Maintaining separate accounts for the two
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