The Hindu Business Line : Sunday, June 22, 2003

Ranbaxy gets tentative FDA nod for Ofloxaxin
PHARMA major Ranbaxy Laboratories Ltd has announced that it had received a tentative approval from the US Food and Drug Administration (USFDA) to manufacture and market the antibiotic Ofloxacin in a tablet form. Ofloxacin is the generic ... More

AWARDS & HONOURS

BMA awards presented
WESTSIDE, the chain of department stores has been in limelight in the fashion market due to its innovative retail approach. But, the driving force behind the growth of this chain has largely remained out of public focus. Setting up 10 retail ... More

MERGERS & ACQUISITIONS

Grasim deal may force Gujarat Ambuja hand
GRASIM'S firm hold over the cement business of Larsen & Toubro has the potential to trigger interest in the ACC stock. Gujarat Ambuja Cements (the Ambuja group) has positioned itself to take eventual control ... More

UPL buys Dow AgroScience business
MUMBAI: United Phosphorus Ltd (UPL) has acquired Dow AgroScience's Oryzalin herbicide business, including Surflan, for a total consideration of $21.3 million. The company and its subsidiaries have entered into an agreement with Dow ... More

INTERVIEW

`We are here on a long-term perspective' — Mr Volker Grosse-Wilde, Managing Director, Voith Turbo
A SMALL locksmith shop, transformed into a company in 1867 by Johann Matthaus Voith in Heidenheim, Germany, has been operating in the black from year one, and today has grown into a 24,000 strong, multi-locational, multi-product, 3.3 billion euro ... More

OUTLOOK

Indian Rayon bullish on carbon black biz
THE rayon division will be the growth propellant of Indian Rayon and Industries Ltd (IRIL), augmented by its carbon black and insulator businesses. However, in the short-term, the growth momentum for the rayon business is likely to be impacted ... More

Bio-Rad Labs sees growth opportunity
BIO-RAD Laboratories, a clinical diagnostics and life science research products company, sees growth in the Indian market powered by the company's strength in diabetes monitoring, quality control management and genetic disorder analysis, given ... More

`Maruti's dream is to put India on four wheels'
REACTING to the response to the IPO, the Maruti Udyog's Managing Director, Mr Jagdish Khattar, said that the company went to the investors with two messages - first, there was a huge untapped potential in the country and the number of cars ... More

PEOPLE

Rakesh Jain, MD of HOEC

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