CORPORATE
ANNOUNCEMENTS
India Cements gets eco clearance
HYDERABAD: The Union Ministry of Environment and Forests has accorded environmental clearance to India Cements Ltd for production of 7 lakh tonnes of limestone per annum from Krishnapuram Limestone Mine in Pondugala and Pulipadu villages ...
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INSIGHT
Press Note 18: To withdraw or not?
AFTER the issue of foreign experts in the Planning Commission consultative bodies, the next bone of contention may be the so-called Press Note 18, which denies automatic route for proposals where financial/technical ...
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ACCOUNTANCY
Stress on cost control systems
VISAKHAPATNAM: The importance of cost control systems and techniques cannot be overemphasised in the present competitive market and the industry should make all efforts to cut costs, said the Chairman and Managing Director of the ...
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MERGERS & ACQUISITIONS
Sagar Cements board okays Power merger
SAGAR Cements Ltd has informed the stock exchanges that its board at a meeting held on Wednesday has taken a decision in principle to merge its subsidiary company Sagar Power Ltd with it and to take necessary steps to implement the same. ...
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ALLIANCES & JOINT VENTURES
`Scrapping Press Note No. 18 will be myopic'
A SECTION of India Inc — in particular, that which has been running successful joint ventures with foreign partners — is perturbed over the UPA Government's concerted move to scrap Press Note No. 18 in its bid to usher in larger ...
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INTERVIEW
Natco's thrust on cheaper life-saving drugs to continue
NATCO Pharma Ltd, the Hyderabad-based Rs 154-crore pharmaceutical company known for its timed release technology, is back on track after a bad show for a few years with the help of new strategies for restructuring the product portfolio, research ...
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OUTLOOK
Tinplate to provide packaging solutions
AS part of its endeavour to expand the domestic market for tinplate, Tinplate Company of India Ltd (TCIL) has taken upon itself the onus of providing "cost-effective packaging solutions" to end-user industries. Besides using thinner grades of ...
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Non-antibiotics pep up Orchid's formulation biz
EMERGING markets such as Russia and non-antibiotic drugs largely make up the profit of Orchid Chemicals' formulations business, even as it has invested significantly in infrastructure to export antibiotics to developed markets. Emerging ...
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Eli Lilly to focus on research tie-ups, patented drugs
TIE-UPS with major Indian pharmaceutical companies in the arena of drug discovery research and launch of hi-tech patented products is the way forward for Eli Lilly and Company (India) Pvt Ltd. Speaking to Business Line, Mr Rajiv Gulati, ...
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PERFORMANCE
Grasim cement Sept despatches up 12 pc
GRASIM Industries has reported a year-on-year increase of 12.63 per cent in cement despatches for the month of September 2004, while its new group company UltraTech Cement has reported a 4.33 per cent decline in despatches for the same ...
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PEOPLE
Jairaj Purandare is PwC Senior ED
PRICEWATERHOUSECOOPERS (PwC) on Sunday announced that Mr Jairaj Purandare has joined the company as Senior Executive Director. Prior to this appointment, Mr Purandare was Chairman of Ernst & Young in India. Before that, he was country head of ...
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