CORPORATE
ANNOUNCEMENTS
Snow World develops indoor Go Karting track
OCEAN Park Multitech Ltd, a Hyderabad-based entertainment company, which manages the innovative Snow Theme Park has announced the launch of a new facility that provides for indoor Go Karting, which the company claimed would be one of the largest ...
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Neuland allots share warrants
HYDERABAD: Neuland Laboratories Ltd, the city-based pharmaceutical company, has informed the stock exchanges that following clearance obtained from the shareholders at the extraordinary general meeting held on Friday, its board has ...
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BHEL bags Rs 1,198-cr order
MADURAI: The Bharat Heavy Electricals Ltd has secured an order from the West Bengal Power Development Corporation for setting up two units of 210 MW each at the Bakreswar thermal power station on a turnkey basis. Valued at Rs 1,198 ...
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RESTRUCTURING
Cargill to demerge fertiliser business into Mosaic India
Mosaic is now allowed to engage in activities, including bulk import of permissible items and distribution of agricultural inputs.
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MERGERS & ACQUISITIONS
S&N to pick up 17.5% stake in UB — To make open offer for another 20 pc at Rs 575 a share
LEADING European Brewer, Scottish and Newcastle (S&N) is to become the strategic partner of United Breweries Ltd with an equity stake equal to that of promoter Mr Vijay Mallya and his group, under a deal signed here on Sunday. Announcing the ...
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NEW PROJECTS
CavinKare to begin operations in Bangladesh, Indonesia soon
CAVINKARE Pvt Ltd, the Chennai-based company that markets a range of hair care, skin care and personal care products, will shortly begin operations in Bangladesh and Indonesia, through wholly owned subsidiaries. In Bangladesh, CavinKare has set ...
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ALLIANCES & JOINT VENTURES
Sysmex in pact with Transasia for blood chemistry analysers
SYSMEX Corporation, a Japanese diagnostics major, has finalised an agreement with Mumbai's Transasia Bio-medicals Ltd to source a high throughput clinical chemistry system. According to the agreement between the two companies, Chemix 800, a ...
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OUTLOOK
Cadila to focus on cardiovascular, gastroenteritis segments
CADILA Pharmaceuticals Ltd is planning to focus on cardiovascular and gastroenteritis segments to grow its business. Speaking to newspersons, Mr J.P Parswani, Vice-President, Marketing, Cadila, said, "We have a strong product line in these two ...
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