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Monday, December 13, 2004

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ANNOUNCEMENTS
Shreya Life launches Recosulin
THE Mumbai-based Shreya Life Sciences Pvt Ltd has launched recombinant human insulin under the brand name Recosulin and a needle-free insulin delivery device - Recojet. Recosulin is based on technology from the company's US collaborator, ... More

Venus Remedies unveils new formulation
VENUS Remedies Ltd has developed a new pharmaceutical formulation that is finding a wide application in the treatment of certain nervous system disorders, according to a company press release. The formulation, titled Non Aqueous Liquid ... More

PREFERENTIAL ALLOTMENTS
Devaki Hospital mulls pref issue
DEVAKI Hospital has informed the Bombay Stock Exchange that its next governing board meeting would consider a preferential issue of equity shares at a price that would be determined in line with the SEBI guidelines. The size of the preferential ... More

HUMAN RESOURCES
`Most Indians satisfied with their jobs'
WORKERS in India rate their work environment, teamwork and other aspects of their jobs more favourably than workers in other Asia-Pacific countries, according to a new WorkAsia study. The study, conducted by global human capital consultancy ... More

NEW PROJECTS
PSL may raise Rs 150 cr to fund expansion plan
PSL Ltd, steel pipe manufacturer, is expected to enter the capital market to raise up to Rs 150 crore to fund its expansion programme and retire its debt. "There are many options that we would consider - listing overseas, further domestic ... More

REGULATORY BODIES & RULINGS
Ministry cracks the whip on vanishing cos — Action taken report says western region tops the list with 52 cases
PRIORITISING investor protection, particularly small investors, the Ministry of Company Affairs (MCA) has initiated prosecutions against vanishing companies under the Companies Act as well as other legislations. "On review of the ongoing ... More

INTERVIEW
Asahi sees bright prospects
THE Rs 504-crore Asahi India Glass, a joint venture between the Labroo family, Asahi Glass (Japan) and Maruti Udyog Ltd, is in the process of setting up huge capacities for both automotive glass and float glass. The company is a leader in the ... More


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