Business Daily from THE HINDU group of publications
Sunday, July 05, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Sunday, July 05, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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COURTS/LEGAL ISSUES: Novartis’ cancer drug is not patentable, says appellate board Company reviewing decision and looking at various options. Mumbai, July 4 The Intellectual Property Appellate Board (IPAB) has said that Novartis’ cancer drug Glivec (Imatinib Mesylate) is not patentable in the beta crystalline ... RESTRUCTURING: More companies knock on debt recast cell’s doors Take hit on fall in global demand, forex bets going wrong. Mumbai, July 4 The Corporate Debt Restructuring (CDR) Cell, a joint mechanism of banks and financial institutions to restructure debts of viable corporate entities affected by internal ... DIVERSIFICATION: CPCL desalination plant to release 260 lakh litres water Project has been built to scale-up capacity to 10 m gallons a day. Chennai, July 4 Chennai Petroleum Corporation Ltd today formally inaugurated its Rs 244-crore, 5.8 MGD sea water desalination plant. The plant takes sea water and processes it ... CORPORATE DISPUTES: Gas pricing issue: RIL moves apex court Mukesh Ambani-led Reliance Industries Ltd (RIL) on Saturday moved the Supreme Court challenging the Bombay High Court judgment on the gas pricing issue. The Bombay High Court order had asked RIL to supply 28 MMSCMD gas to Anil ... MERGERS & ACQUISITIONS: Jaiprakash Hydro’s securities issue Jaiprakash Hydro Power said on Saturday its board had approved raising up to Rs 1,500 crore through the sale of shares, depositary receipts or bonds. In a statement to the BSE, the company said its board had also approved absorbing unlisted ... OUTLOOK: Essar may pick up operating stake in GSPC’s Gujarat block Essar may pick up operating stake in GSPC’s Barmer-Sanchor block (BS(3)-CBM-2003/II) in Gujarat, according to ... CORPORATE BONDS: SAIL issues Rs 1,000 cr commercial paper New Delhi, July 4 The Steel Authority of India has issued commercial paper of Rs 1,000 crore . Papers worth Rs 500 crore for a period of 87 days have been issued at a coupon rate of 3.39 per cent, with another Rs 500 crore of commercial ... HUMAN RESOURCES: Shriram EPC hires 70 engineers Chennai, July 4 The Chennai-based Shriram EPC Ltd, an associate of the Shriram Group, has recruited about 70 engineers including 20 from IIT in the last three ... NEW PROJECTS: Sintex arm’s second auto parts plant goes on stream Chennai, July 4 Bright AutoPlasts, a subsidiary of Sintex Industries Ltd, has commenced production at its second plant for automotive components in Kanchipuram, about 60 km from ... PRIVATE PLACEMENT: QIPs demystified If news reports are anything to go by, 67 Indian listed companies are proposing to raise about Rs 25,000 crore through the qualified institutions placement (QIP) route. PTC India, a power trading company, Unitech Realty and Suzlon ... Columnists: • C Gopinath • Harish Bijoor • Ramanujam Sridhar • Radhika Chada • K Srikrishna Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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