CORPORATE
ANNOUNCEMENTS
ONGC seeks fresh extension for Bengal offshore work
Cites delay in communication as reason
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Apollo Pharmacy launches ATM service
Apollo Pharmacy, the pharmacy network of Apollo Hospitals Enterprises with over 500 outlets across the country, has launched ATM (Any Time Medicine) service. Ms Shobana Kamineni, Executive Director of Apollo Hospitals Group, launched the ...
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COURTS/LEGAL ISSUES
Canadian court rules in Ranbaxy's favour
Ranbaxy Laboratories has announced that the Federal Court of Canada has favoured it in a judgement on a patent dispute with Pfizer. In an official statement, the company said that the court had found Pfizer's Canadian patent of ...
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MERGERS & ACQUISITIONS
Exim Bank picks up 10 pc stake in Gulf Jyoti Intl
Exim Bank of India has recently picked up a 10 per cent stake in Gulf Jyoti International LLC, a UAE-based joint venture of Jyoti Structures Ltd and Gulf Investment Corporation, the investment arm of the Gulf Co-operation Council (GCC) countries. ...
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NEW PROJECTS
Jayamkondam project this year
The lignite major Neyveli Lignite Corporation (NLC) will execute the Jayamkondam Lingite Power Project (JLPP) this year and the State Government has initiated all steps to get the clearance from the Parliamentary Committee on ...
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OVERSEAS INVESTMENTS
SAIL plans to set up overseas arm
For acquiring coking coal blocks
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Metropolis sets up labs in S. Africa, Dubai
Metropolis Health Services Ltd, the company that runs a chain of diagnostic laboratories across the country, has ambitious plans for a major international foray. The company has set up three laboratories in the UAE and one in South Africa ...
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INTERVIEW
`Stainless steel prices likely to be volatile'
Jindal Stainless has declared its third quarter results, wherein its net profit was up at Rs 113 crore against Rs 20.9 crore in the corresponding quarter of the previous year. The company's third quarter income was at Rs 1,554.9 crore compared ...
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BONUS ANNOUNCEMENTS
BHEL Q3 net up 58%
Bharat Heavy Electricals Ltd has reported a 58 per cent increase in net profit at Rs 667.65 crore for the third quarter of the current fiscal compared with Rs 423.19 crore in the same period last financial year. Total income ...
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