CORPORATE
ANNOUNCEMENTS
Ranbaxy can sell Cefprozil in Canada
Ranbaxy Laboratories said it has received marketing approval to sell Cefprozil in Canada. The approval from Health Canada is for tablets in two dosages (250 mg and 500 mg) and for Cefprozil powder for oral suspension (250mg/5ml). The ...
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RESTRUCTURING
Gujarat Govt move to hive off hotels for tourism promotion
9 parcels of land identified for first phase sell-off
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MERGERS & ACQUISITIONS
Coromandel ups stake in GFCL
Coromandel Fertilisers Ltd, a Murugappa group company, has increased its stake in Godavari Fertilisers and Chemicals Ltd (GFCL) from 45.07 per cent to 74.92 per cent (or 2.39 crore shares). The company acquired 4.85 per cent of ...
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NEW PROJECTS
L&T launches switchboard, valve facilities in Coimbatore
Expects big growth opportunities at the centre
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REGULATORY BODIES & RULINGS
Tata Power told to stop overdrawing
As it can affect the grid stability
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TRADE & LABOUR UNIONS
Tripartite meet today: HM union
A tri-partite meeting between the management of Hindustan Motors, representatives of trade unions and the State Government has been called on Friday in Writers' Building, according to Mr Amitava Bhattacharyya, President, Sangrami ...
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ALLIANCES & JOINT VENTURES
ITC Hotels joins hands with Starwood
For bringing in `Luxury Collection' of hotels
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South Eastern Coalfields ties up with US co for high wall tech
Firms up Rs 3,000-cr plan for raising coal production
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Royal Indian ties up with Choice Hotels
Plans $6-10 billion investments in India
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VENTURE CAPITAL
QVC Realty gets $100-m funding
Plans townships in Gurgaon, Bangalore
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DIVERSIFICATION
Realtor Emaar MGF entering education sector
To set up 100 schools, higher education institutions
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OUTLOOK
SAIL will import more coal via Paradip, Haldia, Vizag ports
Steel Authority of India Ltd (SAIL) is to step up its import of coal through the ports of Haldia, Paradip and Visakhapatnam by 30 per cent in 2007-08 vis-a-vis 2006-07. An estimated 13 million tonnes (mt) of coal will be imported in ...
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Asia MotorWorks showcases Global Truck Series
Sees good potential in western region
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BHEL plans foray into advanced signalling equipment, locos
Bharat Heavy Electricals Ltd is eyeing a big share of the Railway pie. The company has drawn up plans for getting into the manufacture of advanced signalling equipment and high horse-power (HP) locomotives. The public sector `navaratna' ...
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Lupin plans increase in research spend
Lupin Ltd is looking to increase its research spend to over Rs 150 crore this year, Dr D.B. Gupta, Chairman of the company said. The Mumbai-based drug maker had invested over six per cent of its sales, about Rs 136 crore in research last year. ...
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BRPL lines up Rs 2,000-cr investment
Plans upgrading product quality
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Porsche expects to triple sales in India
Porsche, the German sport cars manufacturer, on Wednesday said that it expects to triple sales from the Indian market over three years. Last year, the company sold 160 luxury cars in the domestic market and is seeking to increase the number to ...
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PEOPLE
R.S. Sharma leads race to head ONGC
The race for the top job of ONGC has begun once again, with eight shortlisted candidates said to be in the fray, including acting Chairman and Managing Director, Mr R.S. Sharma. The fresh hunt for a person to head ONGC began after the ...
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