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CORPORATE
COURTS/LEGAL ISSUES:
Court ruling allows Cipla to market generic cancer drug
In a major test of the five-yearold product patent regime, the Delhi High Court dismissed an appeal by multinational drug-maker Bayer Corporation regarding its advanced renal cancer drug ...
OUTLOOK:
Renault thinks big for India with small cars
Plans to introduce at least two models by 2015. Undeterred by the poor showing of the Logan, Renault has put its India plans on the fast track by shifting focus to the buoyant compact ...
NEW PROJECTS:
Adani Power plans to set up 1,320 MW plant in M.P.
After more than doubling its planned power production capacities since its IPO last year, Adani Power Ltd (APL), a subsidiary of the $5-billion Adani Group, is planning to set up a 1,320 MW coal-based thermal power plant in ...
NEW PROJECTS:
Spanish wind power major begins India operations
To spend €100 m in developing wind farms. Spanish wind power equipment major Gamesa, whose windmill assembly plant in Chennai was inaugurated today, says it intends to spend €100 million (Rs 640 crore) in developing wind farms ...
OUTLOOK:
Titan to tick in more Asian countries
Despite burning its fingers in the European market some years ago, Titan Industries, which is celebrating its 25 th anniversary this year, plans to take the Titan brand to more countries in the coming years, but this time around it intends ...
SECURITY:
Jindal seeks security for starting work on Salboni steel plant
Mr Sajjan Jindal's JSW Group has sought security protection from the West Bengal Government prior to starting work on its three-mtpa capacity steel plant at Salboni located in the heart of the Maoist area of the State. Mr Jindal met the ...
OUTLOOK:
GMDC lines up Rs 4,000-cr projects
In talks with Tatas, Jaypee for alumina, cement ventures. Buoyed by the Gujarat Government reserving for it the mining of all important minerals available in Gujarat — lignite, bauxite, limestone and manganese — the State-owned ...
NEW PROJECTS:
Hindusthan National plans Rs 1,000-cr glass plant in AP
Hindusthan National Glass & Industries Ltd has come up with a proposal to establish a Rs 1,000-crore container glass and float glass manufacturing base in Naidupet of Nellore district in ...
OUTLOOK:
India Inc eyes electronic intelligence biz
All-seeing spy satellites that glide unseen across enemy borders and devices that jam enemy radars and satellite phones from gaining information from this side: welcome to the world of future wars fought across the ...
OVERSEAS BORROWINGS:
RBI eases ECB norms
In a move that will make External Commercial Borrowing easier and faster for corporates, the RBI has allowed Authorised Dealers or banks to perform functions that earlier required the consent of the ...
NEW BUSINESS:
L&T electrical arm bags projects worth Rs 582 cr
The Electrical & Gulf Projects Operating Company, which is part of L&T's construction division, has secured orders worth Rs 582 crore for four ...
REGULATORY BODIES & RULINGS:
Strides Arcolab's BP drug gets USFDA nod
Strides Arcolab Ltd said the USFDA has granted market approval for its generic injectible drug for severe hypertension — labetalol hydrochloride. The drug in two doses is to be launched shortly. Labetalol is the third product launched ...
OUTLOOK:
Samsung India hopes to double AC sales this year
Samsung India on Tuesday said that it expects to double its air-conditioner sales this year by going up to over a ...
NEW BUSINESS:
BHEL bags Bhutan power project
Bharat Heavy Electricals Ltd (BHEL) has bagged a Rs 1,000-crore contract for supplying equipment to a hydro power project in Bhutan. The state-owned equipment major has secured the Rs 1,016-crore contract in the Himalayan kingdom for ...
PREFERENTIAL ALLOTMENTS:
Bombay Dyeing to consider preferential issue
Bombay Dyeing and Manufacturing Company said a meeting of its Board of Directors will be held on on Wednesday, to consider and approve a proposal for issue of warrants to promoters on a ...
NEW PROJECTS:
Asset Homes's new ‘digital' project
The Kerala-based Asset Homes, has announced the completion of its digital apartments at Kakkanadu, the first of its kind in the country. The two towers ‘Silicon Height' and ‘Cyber Heights' have 90 apartments each, with ...
Columnists:
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C Gopinath
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Harish Bijoor
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Ramanujam Sridhar
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Radhika Chada
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K Srikrishna
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