Joe C Mathew &Amp; Rakteem Katakey In New Delhi

Stories by Joe C Mathew &Amp; Rakteem Katakey In New Delhi

Gas pipeline for Dabhol delayed again

Gas pipeline for Dabhol delayed again

Rediff.com   12 Jun 2007

The laying of gas pipeline to feed the 2,150-Mw Dabhol power plant owned by Ratnagiri Gas and Power Private Ltd has been delayed again.

Indian genetic database offers R&D advances

Indian genetic database offers R&D advances

Rediff.com   7 Jun 2007

Another user of the data is the clinical diabetics' consortium, which aims to identify if there are specific genetic reasons for a particular ethnic group to be predisposed to the disease.

Regulator cuts prices of 100 drugs

Regulator cuts prices of 100 drugs

Rediff.com   6 Jun 2007

The move is in line with the NPPA's recent policy of putting a cap on prices.

Oil ministry wants 49% FDI cap in govt-owned refin

Oil ministry wants 49% FDI cap in govt-owned refin

Rediff.com   5 Jun 2007

The petroleum ministry has recommended a hike in the foreign direct investment cap in government-owned refineries to 49 per cent from the current 26 per cent.

Apollo upgrades facilities for Trehan's team

Apollo upgrades facilities for Trehan's team

Rediff.com   4 Jun 2007

The hospital has ordered a new cath-lab and is readying its entire idle capacities to make room for Trehan's surgeons.

USFDA approvals fail to enthuse Indian firms

USFDA approvals fail to enthuse Indian firms

Rediff.com   4 Jun 2007

In April, Mumbai-based pharmaceutical company Wockhardt announced it had received five marketing approvals for its generic medicines, versions of those that have gone off patents, from the US Food and Drug Administration in five weeks.

Ranbaxy acquires US rights for 13 brands

Ranbaxy acquires US rights for 13 brands

Rediff.com   29 May 2007

Ranbaxy earned $114 million from its US operations in 2006. It launched 10 new products during the year. The company said that the revenues from the sale of the newly acquired brands would be reflected from the next quarter.

I'm the boss, is that clear?

I'm the boss, is that clear?

Rediff.com   28 May 2007

Shivinder's dream project, of course, is the Medicity he wants to put up at Gurgaon on the outskirts of New Delhi. That is where the problem with Trehan began, who has his own plans to come up with a similar project at Gurgaon.

Fortis, Trehan declare truce

Fortis, Trehan declare truce

Rediff.com   28 May 2007

Following hectic negotiations, Fortis Healthcare managing director Shivinder Singh and Naresh Trehan have finally smoked the peace pipe

Pharma majors shift slect production to India

Pharma majors shift slect production to India

Rediff.com   28 May 2007

After making big-ticket acquisitions abroad, leading Indian pharmaceutical companies like Dr Reddy's Laboratories, Ranbaxy Laboratories, and Aurobindo Pharma are rapidly shifting production to their Indian facilities.

Petrobras, Petroplus in race for Cairn

Petrobras, Petroplus in race for Cairn

Rediff.com   21 May 2007

Interest from Malaysia's Petronas in Cairn India and Swiss Petroplus in Cairn India's parent, Cairn Energy, saw the shares of both the companies gaining on the bourses.

Essar acquires oil block in Nigeria

Essar acquires oil block in Nigeria

Rediff.com   19 May 2007

Essar Energy Holdings, a part of the Essar group, has acquired an oil and gas exploration block in Nigeria in the latest round of bidding. The shallow offshore block is completely owned by Essar Energy.

India's role in oil deals to grow: PwC

India's role in oil deals to grow: PwC

Rediff.com   19 May 2007

However, with the country forecast to become the fifth largest consumer in the next 20 years, analysts are positive that the percentage of deals in the country will increase substantially.

R&D growth sees shortage of drug scientists

R&D growth sees shortage of drug scientists

Rediff.com   19 May 2007

With India slowly but steadily morphing into a global pharmaceutical R&D hub, scientists have run into short supply.

Shortage of pipes to delay supply to Dabhol plant

Shortage of pipes to delay supply to Dabhol plant

Rediff.com   17 May 2007

Supply of the much-needed gas to Dabhol is set to be delayed again. The reason: shortage of pipes required to build the Dahej-Uran pipeline which will feed the gas to the plant.

New markets open for Indian drug companies

New markets open for Indian drug companies

Rediff.com   15 May 2007

The changes would be immediately effective in countries like Columbia, South Korea, Peru and Panama, where FTAs are in the final stages of approval.

Rising Re eases pressure, fuel price hike unlikely

Rising Re eases pressure, fuel price hike unlikely

Rediff.com   11 May 2007

The rising rupee over the last three months has brought cheer to the oil marketing companies, who have together added around Rs 250-300 crore (Rs 2.5-3 billion) to their operating profits already.

New licensing policy aims for 'big oil'

New licensing policy aims for 'big oil'

Rediff.com   8 May 2007

In a bid to attract "big oil" to India, the government is close to finalising an Open Acreage Licensing Policy, which gives companies a round-the-year window to pitch for oil and gas in blocks of their choice.

Better times in store for oil marketing majors

Better times in store for oil marketing majors

Rediff.com   7 May 2007

The petroleum ministry has projected a strong year for the oil marketing companies though the largest exploration company, Oil and Natural Gas Corporation, is projected to post a moderate gain in its bottomline.

Dabhol output set to double next week

Dabhol output set to double next week

Rediff.com   4 May 2007

Maharashtra will get some respite from its power crises next week