CORPORATE
ANNOUNCEMENTS
Lupin gets approval for 10 generic drugs in Japan
Mumbai, April 24 Lupin Ltd’s subsidiary in Japan, Kyowa Pharmaceutical Industry Co Ltd, has received approvals for 10 generic drugs from Japan’s Ministry of Health & Labour Welfare. The company expects to these products in ...
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BUYBACK
More companies go for buyback strategy
Market correction could be behind the plans
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MERGERS & ACQUISITIONS
Pharma promoters cede control to grow
Medium, small cos in the forefront
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NEW PROJECTS
Oriental cover for Tata project
Oriental Insurance Company Ltd will be offering comprehensive project insurance for the Tata Power Project at Mundra in Gujarat. The reinsurance support for this project has been oversubscribed, said a press release. The project has been ...
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Biovet sets up unit to produce vaccines for farm animals
Bangalore, April 24 Biovet, an integrated biotechnology company focussing on animal health, on Wednesday announced the commissioning of Asia’s first Bio-Safety Level 4 (BSL-4) manufacturing facility. The facility is designed for ...
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Tata Power signs funds for $4.2-b Mundra project
New Delhi, April 24 Tata Power Company Ltd on Thursday announced the completion of the signing of financial agreements for the 4,000 MW Ultra Mega Power Project, coming up at Mundra in Gujarat. The project, which is being set up by a ...
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Cabinet nod for Neyveli project
The Union Cabinet today gave its approval for Neyveli Lignite Corporation’s 2x500 MW coal-based thermal power project at Tuticorin in joint venture with Tamil Nadu Electricity Board. The estimated cost of the project is Rs 4,909.54 crore on ...
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ALLIANCES & JOINT VENTURES
E.I.D. Parry to sell 47% stake in Parryware to Roca for Rs 725 cr
Roca hopes to consolidate market leadership, offer own brands
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OUTLOOK
High input cost pulls ACC Q1 net down marginally
To spend Rs 4,000 cr to increase cement production capacity
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