CORPORATE
RESEARCH & DEVELOPMENT
NPIL Research enters drug development pact with Eli Lilly
Could fetch NRDL $110 m including call-back, milestone payments
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India Inc’s R&D investment ‘pathetic’
More stress on the need for innovation to gain competitive edge
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ANNOUNCEMENTS
GBN to become ibn18 Broadcast
Global Broadcast News will be renamed ‘ibn18 Broadcast Ltd’. “All our brands have become IBN – CNN IBN, IBN 7, IBN Lokmat –so it makes sense to have it all under one banner,” explained Mr Sameer Manchanda, ...
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Zydus Cadila launches cancer drug
Cadila Healthcare Ltd (Zydus Cadila) has introduced a new product Nudoxa for the chemotherapeutic treatment of various cancers, the company said here today. With chemotherapy being a common mode of treatment in cancers, there has been a ...
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OVERSEAS BORROWINGS
Cos allowed to issue foreign currency bonds to meet fund requirements
Protection for listed co against adverse effect of additional issue of shares abroad
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NEW BUSINESS
Simplex Infra bags MRTS order
Simplex Infrastructures Ltd has received a Rs 406-crore order for the Mumbai Metro first phase. It is for civil construction of 10.7-km-long viaduct on the Versova-Andheri - Ghatkopar elevated corridor of the Mumbai MRTS Project. A consortium led ...
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AWARDS & HONOURS
BILT bags Dun & Bradstreet award
Ballarpur Industries Ltd (BILT), a part of the over $3 billion Avantha Group, has bagged the Dun & Bradstreet – American Express Corporate Awards 2007. BILT was named top Indian company in the paper sector. The awards internationally ...
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CORPORATE BONDS
‘All issues relating to oil bonds under Govt consideration’
The Petroleum Secretary, Mr M.S. Srinivasan, on Friday said he hoped that oil bonds issued to public sector oil marketing companies (OMCs) will enjoy the statutory liquidity ratio (SLR) status. “We have taken up the issue with the ...
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NEW PROJECTS
Vipul group plans for Punjab
NEW DELHI: Vipul Ltd, the flagship company of Vipul Group, has announced three mega launches for Punjab which will involve a capex of over Rs 700 crore. Vipul World, the 109-acre mega housing project on Ferozepur Road, ...
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ALLIANCES & JOINT VENTURES
Maytas Infra, BITS tie up to offer courses
Hyderabad, Feb. 15. Maytas Infra Ltd has joined hands with BITS-Pilani, to offer an off-campus work-integrated learning programmes to its employees. The initiative called M BITS, is a first of its kind programme with industry ...
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NTPC, Bihar SEB sign pact
NTPC Ltd and Bihar State Electricity Board (BSEB) have signed an agreement to promote a joint venture company to establish, operate and maintain a 1,980-MW (3x660MW) coal-based power station at Nabinagar in Bihar. NTPC and BSEB would have equal ...
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Tata Capital, Mizuho Securities to tie up
Mumbai, Feb. 15 Tata Capital, a wholly-owned subsidiary of Tata Sons, and Japan-based Mizuho Securities Co Ltd (MHSC) have reached a “preliminary, non-exclusive understanding’ for a tie-up in private equity, investment banking, ...
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Robert Bosch in tie-up with Igarashi Motors
To develop and sell auto components
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RIGHTS ISSUE
Chettinad Cement EGM
COIMBATORE: An EGM of the members of Chettinad Cement Corporation Ltd will be held on March 4 to offer, issue and allot to the members of the company on rights basis the equity shares in the ratio of one new share of Rs 10 each ...
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OUTLOOK
Yamaha plans to focus on entry-level launches
New Delhi, Feb. 15 In a move to revive its share in the entry-level motorcycle market, Yamaha Motor India plans to launch a variant of its 100 cc bike Crux. The company’s top sales official told Business Line, ...
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