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Friday, July 18, 2008
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MODERNISATION: Hindustan Copper’s Ghatsila rail network on a modernisation track
Process aimed at rationalising logistics cost. Kolkata, July 17 Hindustan Copper Ltd (HCL) is to shortly take up the programme of modernising the rail network within its Ghatsila complex and has accordingly entrusted Rites Ltd with the ...

COURTS/LEGAL ISSUES: Generic drug makers’ concern over Ranbaxy-USFDA stand-off
Ranbaxy under scanner for USFDA submissions. There is more to it than meets the eye, is the refrain from domestic drug industry officials, watching with concern the constantly changing developments on Ranbaxy’s tryst with the United ...

RESEARCH & DEVELOPMENT: Glenmark molecule phase I trials
Glenmark Pharmaceuticals Ltd’s prospective pain-related molecule, GRC 10693, is set to enter its first phase of human trials. The molecule has been filed for Phase I approval with European regulatory authorities, a note from the company ...

OUTLOOK: Vakil Housing eyes Coimbatore realty market
Coimbatore, July 17 The Bangalore-based real estate developer Vakil Housing Development Corporation Pvt Ltd (VHDC), which is implementing a real estate project near Hosur, is looking at gaining a foothold in the Coimbatore real estate market, ...

NEW BUSINESS: Kirby bags Rs 190-cr Renault-Nissan contract
For building plant coming up near Chennai. Hyderabad, July 17 Pre-engineered building (PEB) maker Kirby Systems has secured the mandate to execute infrastructure for Renault-Nissan automotive project coming up near ...

OVERSEAS INVESTMENTS: Iffco to invest $800 m for rock phosphate mining in Australia
Indian Farmers Fertiliser Cooperative Ltd (Iffco) will invest around $800 million for undertaking rock phosphate mining in Australia. ...

BUYBACK: ICI defers second share buy-back plan
Kolkata, July 17 ICI has deferred its proposed plan to launch a second share buy-back programme. According to Mr R. Guha, Company Secretary, the board on Thursday decided to defer a fresh proposal for buy-back through market operations at a ...

PERFORMANCE: Biocon gets global ranking of 20
Bangalore, July 17 Biocon Ltd has been ranked at number 20 amongst the top 25 global biotechnology companies by revenue, according to a report released by Med Ad News. Biocon is the only Asian company in the report that has been considered ...

COURTS/LEGAL ISSUES: HC stays auctioning of Bajaj unit’s properties
Chennai, July 17 The Allahabad High Court has stayed the proposed auctioning of the properties of Bajaj Hindusthan Ltd’s Kinauni mill in Meerut district of Uttar Pradesh. ...

NEW PROJECTS: Maytas Properties launches IT SEZ near Hyderabad
Hyderabad, July 17 Maytas Properties Ltd has announced the launch of its first IT/ITES Special Economic Zone (SEZ), with an investment of Rs 2,500 crore, at Bachupally on the outskirts of ...

NEW PROJECTS: ICI plans greenfield plant
Kolkata, July 17 ICI is planning to set up a greenfield decorative paints plant with a capacity of over 100 million litres a year. ...






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