Mukesh, Anil groups strike different notes
Power plant or airport in SEZ and non-compete pact
MERGERS & ACQUISITIONS
Sami Labs gets closer to a foreign buy
Budget of Rs 100 crore for acquisition
Aditya Birla Nuvo board meet on July 3
Aditya Birla Nuvo Ltd has informed the BSE that its board of directors will meet on July 3, to review the progress of merger of Birla Global Finance Ltd with itself. The board would also approve the recasted annual accounts of ...
INOX Leisure okays merger
INOX Leisure Ltd has informed the BSE that its board of directors has approved the acquisition and merger of Calcutta Cine Pvt Ltd with itself. "The proposed transaction is subject to due diligence, final approval by ...
Hind Industries to invest Rs 106 cr in Bengal unit
The Delhi-based Rs 500-crore Hind Industries Ltd, among the major exporters of meat in the country, has outlined plans to invest Rs 106 crore in an integrated and composite buffalo and goat rearing and breeding farm at Salboni in West Medinipur ...
AVT Natural to invest $3 million in China
Takes over the management of US subsidiary co in Thailand
Leela Venture to enter Gulf
According to Mr Peter Leitgeb, President, The Leela Palaces and Resorts, the company is actively looking at entering into operating and management contracts for hotels in the West Asian region. These hotels will be super deluxe properties, in ...
REGULATORY BODIES & RULINGS
Not so sweet a pill
The decision of the US Food Drugs Administration to allow the generic launch of cholesterol-lowering blockbuster Zocor (of Merck) will see Ranbaxy get a six-month exclusivity on a particular dosage. Dr Reddy's, too, gets to participate in the ...
Ranbaxy gets USFDA nod for cholesterol drug
Pharmaceutical major Ranbaxy Laboratories Ltd has received approval from the USFDA for manufacturing and marketing cholesterol-lowering Simvastatin tablets in the US market. The company said it has received the approval for marketing the drug in ...
TRADE & LABOUR UNIONS
NMDC disinvestment opposed
The Centre's move to disinvest 15 per cent of its share in the National Mineral Development Corporation (NMDC) to private agencies, has been opposed by the Corporation's Worker's Federation.
The All-India NMDC Worker's ...
Hertz enters leasing biz
Sighting synergies with its rentals business and immense growth potential, car rentals major Hertz has entered the leasing business in India. The company has rolled out Hertz Lease for corporates/institutions, which enables them to take cars on ...
MNCs driving into Indian commercial vehicles space
This auto segment witnessed 50 per cent growth during last fiscal
SAIL raw materials unit registers 10 pc growth
In the first two months of 2006-07, the raw materials division of Steel Authority of India Ltd produced 2.78 million tonnes, marking a growth of 10 per cent over the corresponding period of 2005-06. "Iron ore dispatches touched an all time high ...
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