CORPORATE
ACCIDENTS
Disruption in production affects evacuation at Numaligarh refinery
Daily loading by Rlys dropped to around 140 wagons
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RESEARCH & DEVELOPMENT
USV launches sweetener
The Rs 670-crore USV Ltd expects to have its research centre in Mumbai operational by June. The centre will reinforce USV's efforts in developing medicines in the innovative, generic and biotech segments. The research centre will have 200 ...
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BHEL sets up centre of excellence in Hyderabad
Bharat Heavy Electricals Ltd (BHEL) has set up its fourth Centre of Excellence - Surface Engineering (COE-SE) at its corporate R&D division in Hyderabad at an investment of Rs 8.4 crore. The centre would enhance BHEL's capability in ...
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ANNOUNCEMENTS
Mankind Pharma mulls new wing
Also setting up a manufacturing plant for injectibles
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Ranbaxy launches asthma inhalation capsules
Ranbaxy Laboratories has launched Osovair, its branded asthma inhalation capsules in the country. In a statement, the company claimed that it was a unique combination of the `Long Acting Beta 2 Agonist Formoterol and the new inhaled ...
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CORPORATE DISPUTES
Wockhardt opposes Roche patent on Pegasys
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DIVIDEND ANNOUNCEMENT
CIL pays Rs 1,500 cr dividend
Coal India Ltd (CIL) has paid Rs 699.72 crore as second and final dividend for fiscal 2006-07 to the Government. Earlier this month, the company had paid Rs 800.28 crore as interim dividend. With this payment, the total amount of ...
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Ranbaxy okays 120% 2nd interim
Ranbaxy Laboratories' board of directors has approved a second interim dividend of 120 per cent, or Rs 6 per share of par value of Rs 5 each, for the year 2006. According to the statement made by the company, this takes the total ...
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NEW BUSINESS
Man Ind bags Rs 1,000-cr order from Midcontinent of US
May set up manufacturing unit in US
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NEW PROJECTS
BMW plans launch of Mini in Indian market in 2009
Assembling plant near Chennai inaugurated
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AP cabinet approves land allocation for cement firm
Land will be offered for Rs 1 lakh per acre
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IOC, Govt sign pact for monitoring 5 major projects
Five major projects are to be monitored as part of the memorandum of understanding (MoU) signed between Indian Oil Corporation Ltd (IOC) and the Government of India for the year 2007-08. The projects are Panipat Refinery expansion from 12 to ...
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Tata Metaliks plans facility in Kharagpur
Tata Metaliks Ltd, the country's largest producer of foundry grade pig iron, on Thursday announced plans to set up a ductile iron (DI) pipe manufacturing facility in Kharagpur in joint venture with Kubota Corporation and Metal One Corporation, ...
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DSM Engg Plastics plans $20-m facility
DSM Engineering Plastics is investing $20 million to set up a greenfield facility at Ranjangaon for the manufacture of polyamide and polyester pellets to cater to demand for specialty plastics in the domestic market. The unit, the company's ...
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Emulate Uttarakhand model, Tata Motors tells Bengal
`Auto industry has critical role in job creation'
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Sree Sakthi Paper sets up 3rd plant near Kochi
The Kochi-based Sree Sakthi Paper Mills Ltd has commissioned its third paper plant at Edayar Development Area near here for the production of all grades of industrial grade kraft paper. The new plant is equipped with the latest multi-wire ...
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OVERSEAS INVESTMENTS
Essar Oil readies plans for Papua New Guinea, Australia bids
Not keen on tie-ups since offshore exploration is ruled out
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ONGC Mittal venture eyes assets in Africa, Turkmenistan
Also discusses plans to develop Nigerian property
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REGULATORY BODIES & RULINGS
Aurobindo's joint venture gets USFDA nod for Cefriaxone
Aurobindo Pharma Ltd (APL) has announced that its joint venture, Cephazone Pharma, at California in the US, has received the first Abbreviated New Drug Application (ANDA) approval for Cefriaxone. The California facility is dedicated to ...
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TRADE & LABOUR UNIONS
Hind Motors rules out lockout in Uttarpara plant
Even as a section of workers is still protesting at Uttarpara unit of Hindustan Motors Ltd, the company management has ruled out plans to announce a closure or declare a lockout at the factory. This was categorically stated at a press conference ...
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ALLIANCES & JOINT VENTURES
Unitech ties up with global hotel chains
For managing their hotels
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SMS Pharma's new tie up
SMS Pharmaceuticals Ltd has decided to enter into a Memorandum of Understanding with Plant Organics Ltd to entrust the job work for conversion of intermediates and other active pharma ingredients. The company informed the BSE on ...
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REVA signs MoU with Kerala Postal Services
For delivering, collecting speed post articles
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DIVERSIFICATION
Heritage Foods forays into Bangalore with fresh@
Opens three retail outlets; plans Chennai entry soon
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OUTLOOK
GAIL inks pact for targets
GAIL (India) Ltd on Thursday signed a memorandum of understanding for performance targets for the financial year 2007-08. According to a statement issued by the company, it has targeted transmission of 81.01 MMSCMD of natural gas ...
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ONGC may seek extension of exploration licences
Non-availability of rig hurting deepwater exploration prospects
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