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Thursday, July 17, 2008
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MERGERS & ACQUISITIONS: Deal with Daiichi Sankyo well on track, says Ranbaxy chief
‘Rivals trying to create confusion, beat down the share price’. New Delhi, July 16 Ranbaxy Laboratories on Wednesday said that the probe by the US Department of Justice (DoJ) will not jeopardise its deal with Japanese ...

OUTLOOK: India on Novartis’ radar for prospecting bio-resources
Developing medicines from natural sources. Mumbai, July 16 Swiss drug-major Novartis AG is looking at bio-diverse resources around the world towards developing medicines from natural sources, and India features on this plan. ...

NEW BUSINESS: TRF wins 2 orders


CREDIT RATING: Fitch rates Aurobindo's loan `A+'


NEW BUSINESS: BGR Energy wins Rs 5,023-cr contract from Rajasthan Vidyut
Putting up Kalisindh Thermal Power Project. Chennai, July 16 Chennai-based BGR Energy Ltd on Wednesday announced that it has won a Rs 5,023-crore contract from Rajasthan Vidyut Utpadan Nigam Ltd — the electricity generation company of ...

OUTLOOK: Volkswagen sets 2010 launch date for small car Polo
Launches Jetta sedan; plans Beetle launch within a year. Mumbai, July 16 Volkswagen’s small car ‘Polo’ will be rolled out from its upcoming Chakan plant in 2010. ...

ALLIANCES & JOINT VENTURES: Pressmart, US magazine tie-up
Pressmart Media Ltd and Editor & Publisher magazine ( www.editorandpublisher.com) on Wednesday signed an agreement to provide a digital, same-as-print electronic edition of the ...

NEW BUSINESS: BHEL bags Rs 160-cr UAE order
State-owned equipment major Bharat Heavy Electricals Ltd (BHEL) on Wednesday announced it has bagged a Rs 160-crore order from a UAE firm for supply of two gas turbine generating units. “The company has bagged an export contract for supply ...

NEW PROJECTS: Nagarjuna Construction to invest up to Rs 500 cr in airports, ports
Eyeing opportunities in regional airports. Hyderabad, July 16 Infrastructure major Nagarjuna Construction Company Ltd plans to invest up to Rs 500 crore in the next three years in creating port and airport infrastructure in the ...

NEW PROJECTS: Toshiba plans to set up Rs 1,000-cr boiler plant near Chennai
Chennai, July 16 Toshiba, Japanese engineering major, plans to put up a power boiler plant at Ennore, north of Chennai, according to sources in the know. ...

OUTLOOK: ONGC plans to relinquish Barmer-Sanchor CBM block
Block held jointly with Gujarat State Petroleum. Kolkata, July 16 ONGC is planning to relinquish the Barmer-Sanchor CBM (coal bed methane) block it now jointly holds with Gujarat State Petroleum Corporation (GSPC). ONGC has operating interest ...

NEW PROJECTS: QVC Realty to launch first project in Bangalore soon
Bangalore, July 16 The real estate sector, which experienced an unprecedented growth over the last three-four years, will go through some consolidation over the next year or two,” said Mr Prakash Gurbaxani, Founder and Chief Executive ...

VENTURE CAPITAL: Controls & Switchgear raises Rs 100 cr
New Delhi, July 16 Electrical equipment maker Controls & Switchgear Co on Wednesday said it raised Rs 100 crore through private equity funding from GE Commercial Finance India. ...

NEW PROJECTS: Parsvnath picks up 38% stake in Nano City project
Real estate company Parsvnath Developers Ltd (PDL) on Wednesday announced that it has picked up a 38 per cent stake in Nano City Haryana Ltd, a proposed knowledge city project spread over 11,000 acres in Panchkula near ...

DIVERSIFICATION: Realty developer Bearys starts Montessori schools
Real estate developer Bearys Group has started Montessori schools at two of its developments, LakeSide Habitat at Hebbal and Harmony Homes at Hennur Road, in Bangalore. ...






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Radar: Resources elsewhere
Food: Who pays the price (Video)

ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

In Focus
Remembering Ramachander

Ranbaxy-Daiichi deal

People's car

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