CORPORATE
ANNOUNCEMENTS
ABG Heavy’s Paradip terminal to begin operations by Dec
Company eyeing major projects in other terminals
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PREFERENTIAL ALLOTMENTS
Gujarat NRE plans warrants
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Himadri Chem plans warrant issue
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AWARDS & HONOURS
Robusta coffee Fine Cup award
The POABS Organic Plantation at Nelliampathy in Palakkad district has won the Flavour of India-Fine Cup award for the best and second best organic Robusta coffee for the year 2007. While the coffee produced at its Thuthampara estate won the ...
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ENVIRONMENT
Rain Calcining may get carbon delivery guarantee from IFC
Hyderabad, Nov. 9 Rain Calcining Ltd is likely to get International Finance Corporation’s Carbon Delivery Guarantee (CDG) for its Certified Emissions Reduction Credits. CDG is a credit enhancement product wherein IFC will guarantee ...
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IPR
Flomax: Ranbaxy reaches agreement
New Delhi, Nov. 9 Ranbaxy Laboratories has announced an out-of-court agreement with Japanese company Astellas and US subsidiary of German pharmaceutical company Boehringer Ingelheim (BIPI) with regards to the billion dollar plus drug Flomax ...
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MERGERS & ACQUISITIONS
Blackstone invests Rs 255 cr in MTAR for 26% stake
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Temptation Foods buys Everfresh
Temptation Foods Ltd, an exporter of processed fruits and vegetables, has acquired the entire business of Everfresh from Chambal Fertilisers and Chemicals Ltd for an undisclosed amount. One of the biggest domestic brands in the frozen fruits and ...
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ALLIANCES & JOINT VENTURES
GAIL scouting for Indian partner for projects in Saudi
In talks with Lukoil for a petrochem plant and LNG terminal
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Chinese company keen to launch testing equipment in India
Hyderabad, Nov. 9 A Chinese company is keen to enter the Indian analytical testing devices market, which has been dominated by the US, Japan, UK & Germany in terms of imports. The $6 million turnover, small and medium enterprise ...
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Fortis Health ties up with US hearing aid maker Starkey
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DIVERSIFICATION
Minal Engg plans to diversify
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OUTLOOK
‘GSK’s strategy depends on market dynamics’
To stay on with India-specific models and bring in more products
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Voltas bets on growth in food processing
Plans to expand cold storages
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PEOPLE
BEL gets 3 new executive directors
Bharat Electronics Ltd has elevated three of its general managers as Executive Directors with effect from November 1. Mr D.A. Mohan, ED (Telecom & Broadcast Systems) at BEL-Bangalore; Mr Anand Kumar is ED (BEL-Ghaziabad); and Mr V. ...
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