Financial Daily from THE HINDU group of publications
Thursday, February 23, 2006
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Financial Daily from THE HINDU group of publications Thursday, February 23, 2006 |
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CORPORATE RESEARCH & DEVELOPMENT Novartis sets up OTC research centre at Thane SWISS drug-major Novartis has set up a global research centre at Thane to support its over-the-counter (OTC) pipeline in markets such as the US and Europe. Under the aegis of its wholly-owned subsidiary Novartis Consumer Health Inc (NCH), the ... More ANNOUNCEMENTS KNR Constructions to raise Rs 160 crore KNR Constructions Ltd, the Hyderabad-based infrastructure company, plans to raise Rs 160 crore capital from institutions and is planning an IPO soon, to position itself to execute large projects. State Bank of Patiala has agreed to take 50 per ... More PRIVATE PLACEMENT CCEA okays sale of Maruti's shares to staff THE Cabinet Committee on Economic Affairs has approved offering 39,777 shares of Maruti Udyog Ltd to 1,994 of the company's employees. In January this year, while selling 8 per cent of MUL equity to public sector financial institutions and ... More PREFERENTIAL ALLOTMENTS Suryavanshi gets shareholders' nod for pref offer THE shareholders of Suryavanshi Spinning Mills Ltd (SSML) approved the company's proposed preferential offer at an EGM on Wednesday. They approved the issue and allotment of 15,06,747 fully paid-up equity shares of Rs 10 each at Rs 87 on ... More OVERSEAS BORROWINGS Noida Toll Bridge to raise Rs 200 cr via GDR issue NOIDA Toll Bridge Company Ltd (NTBCL), a special purpose vehicle promoted by Infrastructure Leasing & Financial Services Ltd (IL&FS), is planning to raise Rs 200 crore ($45 million) through GDR issue in March. The issue would have a greensho More AWARDS & HONOURS Idea bags global GSM award NEW DELHI: Idea Cellular Ltd has won an award for having the `best billing or customer care solution' in the world at the GSM Association Awards presented at the recently concluded 3GSM World Congress in Barcelona, Spain. IDEA Cellular ... More
CONSULTING 
EcoSecurities plans to invest in carbon credit projectsECOSECURITIES, originator of carbon credit projects, announced plans to assist Indian project developers in entering the clean development mechanism carbon credit market. EcoSecurities plans to start with initial assessments, full project ... More IPR Finland Court prohibits Ranbaxy from marketing generic version of Lipitor Analysts tracking the Lipitor developments said that following the UK and US setbacks for Ranbaxy, the Finland Court's ruling has been on expected lines. "It will be very difficult for Ranbaxy to launch Lipitor early, especially in a big market," sai d an analyst. More RESTRUCTURING Aurobindo to hive off unit HYDERABAD: Aurobindo Pharma Ltd (APL), the city-based pharmaceutical company, has informed the stock exchanges that in view of shift of management focus towards highly regulated market, it is proposed to sell/dispose of unit-II, a ... More MERGERS & ACQUISITIONS IOC yet to decide on timing of offloading stake in ONGC, GAIL The company is expected to take ahit of Rs 8,000 crore through under-recoveries in the current fiscal. More NEW PROJECTS Kochi petrochem project — GAIL seeks sops from Kerala Govt At the official-level meeting, the Kerala Government has reportedly assured GAIL that it would consider favourably the fiscal benefits to make the petrochemical project viable. More
OVERSEAS INVESTMENTS Kemwell acquires Pfizer's plant in Sweden The Swedish facility mainly produces salazopyrine, dubbed in medical circles as the `first designer drug' used to treat arthritis and IBS (irritable bowel syndrome). More TRADE & LABOUR UNIONS Toyota workers issue strike notice; 27 employees to be sacked THE rift between Toyota Kirloskar Motor (TKM) and its workers has widened with the employees issuing a strike notice to the management for not agreeing to their demands. In another development, the management has decided to dismiss 27 suspended ... More
Dunlop's Ambattur unit wage pact to be signed in a week — To have separate productivity norm ALLIANCES & JOINT VENTURES Aurobindo scraps jt venture HYDERABAD: Aurobindo Pharma Ltd (APL), has announced that it has terminated with immediate effect its 50:50 joint venture agreement with Citadel Fine Pharmaceuticals Ltd (CFPL) in Citadel Aurobindo Biotech Ltd (CABL). The company informed ... More DIVERSIFICATION Heritage Foods firm on retailing, construction plans EVER since the company's announcement last month on plans to foray into retailing of processed food products and infrastructure, Heritage Foods (India) Ltd has been attracting significant rise in volumes and value on the bourses. From around ... More OUTLOOK Nuclear boost: French major Areva keen to enter Indian market Areva plans to enter into civilian nuclear trade could hinge on a possible US-Indian nuclear agreement widely expected to be signed during the US President, Mr George Bush's visit, which would end three decades of international sanctions on nuclear t rade with India. More
Sharadha Terry plans foray into Japan
Post-Wimco buy, ITC's matchbox business sees big consolidation
Infosys remote centre in Prague by April — Infrastructure management service revenue to cross $100 m PERFORMANCE De Beers' group diamond output up 4 pc in 2005 DE Beers' group production for 2005, inclusive of joint ventures in Namibia and Botswana, was 49 million carats, an increase of 4 per cent over 2004. Debswana produced a record 31.9 million carats, an increase of 2 per cent over 2004. Namdeb's ... More PEOPLE Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus Infrastructure woes stare IT sector IPO Scams FDI in retail sector Dynamic Tirupur Surging Sensex Gold scaling new highs
In Depth Gender Justice Simple Economics Tax Talk
Looking back Feb. 12-Feb. 18 GSK Pharma to bring in more products, intensify research Radico gets export duty waiver for grain distillery in UP Reliance Private Equity picks up 44 pc stake in DTDC for Rs 70 cr United Phosphorus buys Dutch seed firm for 100 m euros HLL back in the driver's seat Reliance Petro raises $1.5 b loan for Jamnagar refinery project Banks halt deposit-based lending to corporates Saint-Gobain to set up unit for solar control products — Opens second float glass plant Numaligarh Refinery mulls Rs 800-cr IPO — Final decision in four months Coal India likely to report Rs 6,000-cr net profit K.K. Birla Group makes changes in sugar biz restructure model Ranbaxy was not for `any' price for Betapharm: CEO Indian cos raise $10 b via ECB route in 9 months |
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