CORPORATE
ANNOUNCEMENTS
Aurobindo gets FDA nod
Aurobindo Pharma Ltd has announced that the company has received approval from the US Food and Drug Administration (USFDA) for Amlodipine Besylate tablets 2.5 mg, 5 mg & 10 mg. This is the Hyderabad-based pharma major’s fifth ...
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Gold exports: Rajesh Exports gets nod
Rajesh Exports has been accorded the status of a nominated agency for import of gold for domestic consumption. It can now import gold directly, on its own. Till recently, only certain banks and few public sector units were accorded this status. ...
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Rain completes CII Carbon buy
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BUYBACK
Hind Unilever buy-back plan
Mumbai, July 20 The board of Hindustan Unilever Ltd., India’s biggest household-products maker, will consider the buyback of shares at a board meeting to be held on July 29. The directors will also decide on the interim dividend for the ...
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OVERSEAS BORROWINGS
Park Hotels raises $55 m
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NEW BUSINESS
Punj Lloyd arm signs pact with UAE co
Simon Carves Ltd, a subsidiary of Punj Lloyd Ltd (PLL), has signed an agreement with Abu Dhabi-based Gulf Fluor to provide a new anhydrous hydrofluoric acid /aluminium fluoride plant incorporating a new sulphuric acid/oleum plant as part of a ...
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COURTS/LEGAL ISSUES
Appellate board dismisses Novartis objection
Appointment of S. Chandrasekaran as member
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NEW PROJECTS
NK Minda Group set for rolling out automotive batteries
Automotive component manufacturer NK Minda Group is set to commence commercial operations of its batteries division being set up in Pantnagar, Uttaranchal, with an outlay of Rs 40 crore in partnership with European major Fiamm Spa, ...
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OVERSEAS INVESTMENTS
Exide picking up 26% stake in Australian co Ceil Motive
Expanding footprint in Australian batteries market
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ALLIANCES & JOINT VENTURES
Tata Metaliks signs pact with 2 Japanese cos
Kolkata, July 20 Tata Metaliks Ltd has signed a joint venture agreement with Kubota Corporation and Metal One Corporation, both of Japan, for setting up a 1.1-lakh tonnes per annum capacity ductile iron pipe manufacturing plant at Kharagpur ...
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Goldstone inks pact with Shemaroo
Hyderabad, July 20 Goldstone Technologies has tied up with Shemaroo, one of the biggest names in Indian home entertainment, to source Hindi and other Indian regional movie content. The agreement involves 500 Hindi movies spread over a period ...
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Pantaloon Retail in pact with Axiom Telecom
New Delhi, July 20 Mr Kishore Biyani’s Future Group on Friday said that its flagship company, Pantaloon Retail (I) Ltd, has signed a 50:50 joint venture agreement with the UAE-based Axiom Telecom LLC. Axiom Telecom is an ...
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OUTLOOK
IVRCL mulls entering new verticals
Hyderabad, July 20 IVRCL, a leading infrastructure development company, is planning to enter new verticals, while strengthening others in a variety of segments such as mining, railways, hydro power and oil and gas ...
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Skyline to invest Rs 200 cr in Mangalore
Mangalore, July 20 The Bangalore-based Skyline Constructions and Housing Pvt Ltd is planning to invest around Rs 200 crore in Mangalore over the next 18 months. Announcing the launch of its maiden project Skyline Blueberry Hills here ...
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AT&T scaling up India operations with retail
Mulls re-entering mobile segment
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ONGC expects lower subsidy burden
Exchange rate losses will be taken into account
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Kirloskar Oil plans capacity expansion
Investment in plant and machinery up at Rs 450 cr
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Rupee rise to impact Tinplate’s margins
Reduced export earnings on account of the appreciation of the rupee, higher input costs and the pressure on margins is expected to impact the financial performance of The Tinplate Company of India in the current fiscal. According to Mr ...
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