CORPORATE
ANNOUNCEMENTS
Ranbaxy launches generic drug in US
New Delhi, July 30 Ranbaxy has announced the launch of its first authorised generic, the hypertension drug Isoptin, in the US. The generic market for the drug (Verapamil SR) is valued at $122.2 million, with limited competition ...
More
BUYBACK
Hind Unilever: Healthy growth, but buyback terms may disappoint
BL Research Bureau Hindustan Unilever (HUL) has delivered healthy profit growth in the latest quarter after two successive quarters of disappointing numbers. Growth in sustainable profits (before exceptional items) has accelerated to 24.5 per ...
More
Hind Unilever up on buy back plans
Mumbai, July 30 The shares of Hindustan Unilever Ltd rose 6.26 per cent on the BSE on Monday after the company announced that it would buy back shares from the market at a premium to the current price.The company announced that it would ...
More
NEW BUSINESS
Reliance Power set for Sasan
Revised bid matches Lanco-Globeleq combine’s offer
More
AWARDS & HONOURS
Business leadership awards announced
New Delhi , July 30 NDTV Profit Business Leadership Awards were bagged by the biggies of the Indian Industries, including Reliance, HDFC, TCS and DLF. Mr Sunil Bharti Mittal (Business Leader of the year), Mr Kumar Mangalam Birla (Global ...
More
MRPL gets award for energy performance
Mangalore, July 30 Mangalore Refinery and Petrochemicals Ltd (MRPL) has been awarded the ‘Jawaharlal Nehru Centenary Award for Energy Performance of Refineries’ for 2006-07, by the Centre of High Technology, Union Ministry of ...
More
INSIGHT
Boosting a rising profit rate
More
MERGERS & ACQUISITIONS
Tata Steel will pay $7.4 b as its share for Corus buy
Mumbai, July 30 Tata Steel Ltd has decided to raise its contribution (including that of Tata Steel Asia Ltd) from $6.7 billion to $7.4 billion for the acquisition of Corus Group Ltd, UK.After its board meeting here today, a company ...
More
Jaguar, Rover: Analysts sceptical about M&M, Tata Motors’ bid
More
Azim Premji picks up 1.24% stake in Marico
Bangalore, July 30 The soap-to-software firm Wipro Group’s Chairman, Mr Azim Premji, has picked up a small stake in one of the country’s top FMCG companies Marico Industries.Confirming the investment, Marico’s Chief ...
More
CORPORATE GOVERNANCE
No plan to regulate corporate salaries: Gupta
‘Corporate governance needs intention, commitment’
More
NEW PROJECTS
TN wants public approval before clearing Tata project
Titanium dioxide project in Tuticorin
More
KPR Mill charts capex plans
For meeting demands of multi-national value retailers
More
OVERSEAS INVESTMENTS
Biocon, Neopharma launch Dubai venture
Bangalore, July 30 Biocon Ltd and Abu Dhabi-based Neopharma have announced the setting up of their 50:50 Dubai venture, Neobiocon, seven months after signing an MoU. The company located at the Dubai Biotechnology and Research Park ...
More
INTERVIEW
Lanco looks at other ultra power projects
‘There were no inconsistencies in the bid procedure’
More
EVENTS
Alembic completes 100 years
Vadodara, July 30 The city-based pharma company major Alembic Ltd completed 100 yearstoday. Established in 1907 as Alembic Chemical Works, it is one of the leading pharmaceutical companies in India, with a turnover of Rs 700 crore, Mr ...
More
OUTLOOK
McLeod Russel plans to go slow on exports
Will focus more on domestic market
More
Royal Orchid Hotels eyes 2,000 rooms by 2010
Bangalore, July 30 With acquisition as the next step and mixing its portfolios with own property and leased ones, Royal Orchid Hotels Ltd (ROHL) hopes to extend its footprints pan-India with a basket of more than 2,000 rooms by 2010. ...
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds