CORPORATE
RESEARCH & DEVELOPMENT
Nicholas in research deal with Merck
Mumbai, Nov. 19 Drug-maker Nicholas Piramal India Ltd (NPIL) has forged a drug-development deal with Merck & Co Inc to discover and develop cancer drugs for two targets selected and provided by Merck. This is NPIL’s second ...
More
Merck deal: Positive for Nicholas Piramal
Benefits may accrue to R&D arm
More
ANNOUNCEMENTS
Marck Biosciences enters AP
Targeting to become the third largest parenteral manufacturer in the country, with a turnover of Rs 100 crore in 2007-08, the Ahmedabad-based Marck Biosciences Ltd on Monday rolled out a range of products in Hyderabad. Having a presence in North ...
More
Adani Logistics starts moving cars in container train service
Maruti Suzuki cars transported to Kochi from Mundra port
More
NEW BUSINESS
Suzlon Energy Australia bags Rs 1,200-cr orders
Mumbai, Nov. 19 Suzlon Energy Australia Pty Ltd, a wholly owned subsidiary of Suzlon Energy, said on Monday that it has received orders for supply of wind turbines totalling 204 MW.The financial details of the orders were not ...
More
L&T team bags tunnel deal from Delhi Metro
Mumbai, Nov. 19 Engineering and construction company Larsen & Toubro Ltd, in association with Shanghai Urban Construction (Group) Corporation, has secured a design-and-build contract valued at Rs 275 crore from Delhi Metro Railway ...
More
Forms and Gears gets repeat order
Fixture manufacturing company Forms and Gears has bagged a repeat order from Mahindra and Mahindra for designing and manufacturing hydraulic fixtures for the new-generation Scorpio SUV, a press release said. The value of the order was not ...
More
COURTS/LEGAL ISSUES
Contractors for State projects must implement PF laws: HC
Those who were submitting tenders for supply of goods and services to the State-owned undertakings should be responsible to implement the provident fund law in respect of employees engaged by them, Madurai Bench of Madras High Court has held. ...
More
MERGERS & ACQUISITIONS
DLF sells 49% in housing projects to Merrill arm
New Delhi, Nov. 19 Real estate company DLF Ltd today said it has sold 49 per cent stake in eight residential project SPVs to private equity investors for a total consideration of Rs 1,675 crore. A Merrill Lynch & Co entity has bought 49 ...
More
CUMI acquires IVP unit
CHENNAI: Carborundum Universal Ltd today informed the stock exchanges that it paid Rs 6.25 crore for the industrial ceramics unit of the IVP Ltd. “We have taken over physical possession of the industrial ceramics ...
More
NEW PROJECTS
India Cements maps out greenfield projects for N. India
Plans Rs 1,450-cr expansion to emerge as pan-India player
More
Sri Biotech to raise Rs 100 cr for production facility
Hyderabad, Nov. 19 Sri Biotech Laboratories has decided to raise Rs 100 crore in two phases, seeking funds from merchant bankers, private equity players and the public.“We will raise about Rs 50 crore from the public,” Dr ...
More
OVERSEAS INVESTMENTS
Gitanjali Gems buys US jewellery chain Rogers for $20 m
Plans to source raw material for the outlets from here
More
OUTLOOK
‘Chemplast units will be ‘zero discharge’ from January’
Chennai, Nov 19 Chemplast Sanmar is investing Rs 50 crore over its three manufacturing units — at Mettur, Karaikal and the upcoming one at Cuddalore — so that they are all ‘zero discharge’ units. They will be, from ...
More
Venus to take Potentox injectable overseas
New Delhi, Nov. 19 Venus Remedies is readying to take its injectable Potentox, for hospital-acquired pneumonia, to international markets. The product clocked Rs 6 crore in sales in the domestic market in the first six months since its launch ...
More
Pioneer Invest plans to raise Rs 335 cr
Chennai, Nov. 19 Pioneer Investcorp Ltd has informed the BSE that the board of directors of the company at a meeting on November 17 approved a plan to raise up to Rs 335 crore by way of issue of equity shares or warrants on preferential basis ...
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds