Business Daily from THE HINDU group of publications
Friday, December 15, 2006
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ANNOUNCEMENTS
Elder Pharma to market Roche drug
Elder Pharmaceuticals has entered into an agreement with Roche to market osteoporosis drug, Bonviva, in India. Bonviva, whose main active ingredient is ibandronic acid, is priced at Rs 2,500 a tablet and has a dosage regimen of one tablet a ... More

NEW BUSINESS
L&T bags $86-m China orders
Larsen & Toubro Ltd has bagged two contracts, valued at $86 million, from the Chinese petrochemical company Sinopec. L&T has been contracted to design, manufacture and supply three ethylene oxide reactors, each weighing above 1,000 tonnes. Th More

COURTS/LEGAL ISSUES
Coal India may opt for re-categorising of consumers
Consequent to SC verdict banning e-auction of coal More

HUMAN RESOURCES
Infosys unveils new HR practices
Nasscom to encourage gender empowerment More

RESTRUCTURING
Punj Lloyd sets up engineering services outsourcing company
Engineering and construction services firm Punj Lloyd Ltd has set up a new company for carrying out back-office engineering activities for the group in India. The new engineering services outsourcing company — Simon Carves India Ltd, would ... More

MERGERS & ACQUISITIONS
Willis BA India sets up M&A unit
Willis BA India Pvt Ltd has set up a mergers and acquisitions (M&A) division in the country. It will offer insurance to mitigate risks from M&A transactions. The fact that Tata AIG will soon launch similar M&A insurance products in the I More

Petronet stake for Qatar: `Due diligence completed'
Offer is for $100 m FCCBs which translate to 7.5-12.5% equity More

NEW PROJECTS
Tata Motors, Fiat to invest Rs 4,000 cr in new facility
Production of cars, engines to commence by 2008 More

Rama Pulp plans expansion
Rama Pulp and Papers Ltd will invest Rs 60 crore to acquire additional capacity of 40,000 tonnes per annum. Currently, its capacity is about 21,500 tonnes per annum. Out of the Rs 60 crore, Rs 15 crore will be promoters' ... More

Gupta Syn to set up new unit
Gupta Synthetics Ltd will be setting up a new unit in Silvassa to manufacture nylon tyre cord fabric (NTCF) and nylon filament yarn (NFY) for a total investment of Rs 223 crore. The investment will be funded by a combination of ... More

OVERSEAS INVESTMENTS
JB Chem pact with S. African co
JB Chemicals and Pharmaceuticals Ltd (JBCPL) has signed an agreement to make a strategic investment of $5.1 million in Biotech Laboratories (Pty) Ltd of South Africa. The investment, which is expected to be completed during the ... More

REGULATORY BODIES & RULINGS
Ranbaxy gets US nod to make, market Cefprozil
Ranbaxy Laboratories Ltd said it has US Food and Drug Administration (US FDA) approval to manufacture and market Cefprozil tablets. The drugs will come in 250 mg and 500 mg, and treat pharyngitis or tonsillitis, otitis media, acute sinusitis, ... More

ALLIANCES & JOINT VENTURES
ONGC confident of Shell role in Kalol project
Mulls floating special purpose vehicle for implementation More

OUTLOOK
Century Building plans to set up SEZ
The city-based Century Building Industries Pvt Ltd has charted out a plan to set up a special economic zone (SEZ) for facilitating the establishment of educational, health and hospitality infrastructure. The SEZ would also have a foreign ... More

Panna-Mukta-Tapti joint venture plans contract with Gujarat Gas
May sell gas at higher price than spot purchase More

Parsvnath to construct 14 hotels
Delhi based real estate player Parsvnath Developers is planning to construct 14 hotels across the country. The company will enter in to a tie-up with a hotel chain for the operation of the hotels. "We are talking to both domestic and ... More






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Top Stories
Petronet stake for Qatar: `Due diligence completed'

US court rules against bond requirements for shrimp imports

Punj Lloyd sets up engineering services outsourcing company

Ban only on fund-based portfolio management services: FMC

GSM plea on spectrum usage charge rejected

Concor now exporting to Bangladesh by sea route

What Japanese business wants India to do

Strike hits banking, insurance operations

Looking back
Dec. 3-Dec. 9
Centre to come out with accounting standards for cos

Toyota Kirloskar to revise wages every year

Philips plans to make medical equipment in India

Most cos ill-equipped to handle fraud: KPMG Forensic

Pantaloon to spin off private labels into standalone stores

IFC may invest Rs 100 cr in Moser Baer project

How an oil company milked super-profits

UTV in Rs 128-cr deal to buy 2 gaming cos

Honeywell mulls shifting one production line to HAL



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