The Hindu Business Line : Monday, July 19, 2004

ANNOUNCEMENTS
Occam plans to launch new drug-eluting stent
THE Netherlands-based Occam International, a holding company of the US pharmaceutical major, Sun Biomedical Ltd, is in the process of commercially launching its drug-eluting stent, `Axxion', for the first time in India. The company will be ... More

NEW PROJECTS
ONGC in talks with Coal India for coal gasification projects
AS part of its strategy to find out alternative sources of gas, ONGC Ltd is actively considering exploitation of coal gas from virgin coal deposits by introducing "underground coal gasification (UCG)" technology. If it turns out to be ... More

PowerGrid to rope in pvt firms for new facilities
POWER Grid Corporation of India (PGCIL), the public sector transmission entity, has sought private sector participation in setting up new transmission facilities for evacuation from new power projects. This included setting up transmission ... More

OUTLOOK
Dabur Pharma eyes European market for cancer pills
FOLLOWING the footsteps of pharmaceutical biggies such as Ranbaxy and Dr Reddy's, Dabur Pharma Ltd is planning to spread its wings by foraying into key European markets of Germany, France, Spain and Italy especially for its oncology products. ... More

TRENDS
MNCs see surge in free cash flows
IF the cash churned out by a business is a sign of its health, then the multinationals (MNCs) operating in India seem to be in pretty good shape. The free cash flows of the Indian arms of 70 multinationals have more than doubled in the ... More

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