CORPORATE
ACCIDENTS
Minor fire near HPCL refinery
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PREFERENTIAL ALLOTMENTS
Southern Online nod for QIP
The extraordinary general meeting of Southern Online Biotechnologies Ltd, held here on Monday, approved issuance of shares under qualified institutional placement to raise Rs 19.21 crore. The EGM also approved issuance of 24 lakh shares and 26.50 ...
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Electrosteel warrants issue
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CORPORATE DISPUTES
Row likely over GAIL marketing rights
Panna-Mukta-Tapti gas
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AWARDS & HONOURS
Leela Kovalam wins award
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COURTS/LEGAL ISSUES
Glivec case: Apex court stays proceedings before IP Board
Mumbai, Jan. 28 The Supreme Court has stayed proceedings before the Intellectual Property Appellate Board (IPAB), regarding the hearing on the rejected patent application of Novartis’ cancer drug Glivec. The development follows a ...
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OVERSEAS INVESTMENTS
Shasun Chem to invest $3 m in leased US facility
Chennai, Jan. 28 The Rs 793-crore Shasun Chemicals & Drugs Ltd (SCDL) has leased a lab in Piscataway (New Jersey) in the US that would be used for contract research and manufacturing activities. The facility, in which Shasun will ...
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NTPC may spend more on overseas coal assets
Plan to double generating capacity
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Better mix, overseas orders bolster L&T earnings
Higher growth guidance for the year
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ALLIANCES & JOINT VENTURES
Two TVS group cos join hands
Chennai, Jan 28 Wheels India and Sundaram Finance, both part of the TVS group, have formed a joint venture company, Sundaram Hydraulics Ltd, to produce hydraulic cylinders, it was announced today.Sundaram Hydraulics Ltd will build a Rs ...
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INTERVIEW
STC hopeful of exceeding turnover target
Records turnover of Rs 11,089 crore in April-December 2007
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SOCIETY & DEVELOPMENT
Hind Unilever’s second rainwater harvesting scheme
Mumbai, Jan 28 Greening Barrens is Hindustan Unilever Ltd’s new Corporate Social Responsibility programme at Mandka village in Vidarbha, inaugurated last week by Mr Poreddiwar, Collector.This is the second rainwater-harvesting ...
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DIVERSIFICATION
DC Holdings' new ventures
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OUTLOOK
Indo Tech Transformers adding new manufacturing facility
Sees demand in domestic, export markets
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Elbee Express unveils Rs 200-cr expansion plan
Clearstone Venture to part-fund expansion
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Allergan to expand Botox market in India
To focus on its therapeutic and cosmetic use
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Toyota may make India export hub for its small car
Looking to scale up investments, capacity at Bangalore facility
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Lupin set to out-license psoriasis drug molecule
Global majors showing keen interest, says Chairman
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