Kausik Datta &Amp; P B Jayakumar In Mumbai

Stories by Kausik Datta &Amp; P B Jayakumar In Mumbai

Reddy family likely to exit Maxwell

Reddy family likely to exit Maxwell

Rediff.com   23 Apr 2007

To sell 32% stake for Rs 100 crore.

Schneider in final talks to buy Anchor

Schneider in final talks to buy Anchor

Rediff.com   23 Apr 2007

French electrical major Schneider Electricals SA is in advanced stages of negotiations with the Mumbai-based Shah family to acquire Anchor Electricals, the country's leading electrical equipment maker.

Investors eye markets abroad

Investors eye markets abroad

Rediff.com   20 Apr 2007

They prefer foreign markets owing to comparatively lower margins than Indian exchanges.

Himalaya inks tie-ups with overseas firms

Himalaya inks tie-ups with overseas firms

Rediff.com   19 Apr 2007

The Bangalore-based Himalaya Herbal Healthcare has struck strategic alliances with leading retail chains in its main export markets such as the US, Singapore and Malaysia.

Pharma firms face ban on Merck generic

Pharma firms face ban on Merck generic

Rediff.com   16 Apr 2007

Over 30 domestic pharmaceutical companies, including Ranbaxy, Cipla, Nicholas Piramal, Zydus Cadila and Torrent, face a possible ban on the sale of the generic version of Merck's pain management drug in the Indian market.

Develop mines or leave: Ranchi tells Sesa Goa

Develop mines or leave: Ranchi tells Sesa Goa

Rediff.com   16 Apr 2007

Sesa Goa has received a showcause notice from the Jharkhand government asking it why its prospective licence for iron ore mines in the state should not be cancelled.

RIL has 28.7 mn shares for half its employees

RIL has 28.7 mn shares for half its employees

Rediff.com   16 Apr 2007

Reliance Industries, the country's most valuable company, has launched an employee stock option scheme to reward nearly half of its workforce.

We will make you beautiful: Esprit CEO

We will make you beautiful: Esprit CEO

Rediff.com   11 Apr 2007

Selling garments is a boring job, says Heinz Krogner, Esprit Global Group CEO.

Generic firms to gain strength from US order

Generic firms to gain strength from US order

Rediff.com   11 Apr 2007

A recent court ruling in the US on allowing the declaratory judgment provision in the US patent law has come as a boost to Indian pharmaceutical companies such as Ranbaxy, Dr Reddy's, Sun Pharma and Lupin.

Tatas to go in for Rs 3,500 cr rights issue

Tatas to go in for Rs 3,500 cr rights issue

Rediff.com   11 Apr 2007

Sources close to the situation said the Tata Steel board is slated to discuss the issue at its meeting on April 17.

Pharma majors face fresh cases in US

Pharma majors face fresh cases in US

Rediff.com   6 Apr 2007

In a fresh round of patent battle over the launch of generic drugs in the US market, domestic pharmaceutical majors Orchid, Sun Pharma and Ranbaxy Laboratories have been sued by Cima Labs, Otsuka Pharmaceutical Co and Abbott Laboratories, respectivel

RIL likely to dole out ESOPs next quarter

RIL likely to dole out ESOPs next quarter

Rediff.com   5 Apr 2007

Reliance Industries, the country's largest private sector company, has decided to introduce employee stock options by the next quarter

Fortis plans to expand hospital network

Fortis plans to expand hospital network

Rediff.com   5 Apr 2007

Fortis Healthcare, promoted by the Singh family of Ranbaxy, plans to expand its network to 40 hospitals within three years by either acquiring new facilities or setting up greenfield projects

Ace deal-maker whom the Ambanis trust

Ace deal-maker whom the Ambanis trust

Rediff.com   3 Apr 2007

India's ace deal-maker explains what allowed him to represent both Dhirubhai Ambani and Nusli Wadia while being on Essar Shipping's board.

Beer becomes popular in North India

Beer becomes popular in North India

Rediff.com   2 Apr 2007

Beer is gaining more popularity in some of the non-traditional beer markets in North India like Rajasthan, Punjab, Delhi and Uttar Pradesh.

VSNL may demerge telecom business

VSNL may demerge telecom business

Rediff.com   31 Mar 2007

The existing company is expected to continue as the holding arm of its huge real estate assets.

Amgen opens subsidiary in India

Amgen opens subsidiary in India

Rediff.com   30 Mar 2007

Amgen, the world's largest biotechnology company, has entered India by opening a wholly owned subsidiary Amgen Technology in Mumbai.

Workers reject stake in Tata Tea estates

Workers reject stake in Tata Tea estates

Rediff.com   28 Mar 2007

Major shareholders to buy workers' shares in northern gardens.

'Sons demerge, brothers split!'

'Sons demerge, brothers split!'

Rediff.com   16 Mar 2007

An interview with Bajaj Hindusthan Limited CEO Kushagra Bajaj.

Bajaj feud spills over to trusts

Bajaj feud spills over to trusts

Rediff.com   16 Mar 2007

Shishir Bajaj, the estranged brother of group patriarch Rahul Bajaj, and his son Kushagra have sought a 25 per cent share in the assets controlled by these trusts.