It was bought by Vetoquinol, a family-owned group specialising exclusively in animal health, is the 11th largest animal health company in the world. Sources said the deal was worth Rs 170 crore. Wockhardt's animal health business had net sales of Rs 77 crore for the year ended December 31, 2008. The deal is subject to necessary administrative approvals and should take effect in the second half of 2009.
In Rajya Sabha, the Opposition and the government clashed over technicalities of the passage of an anti-graft amendment bill with the latter insisting that it should be adopted without debate.
As many as 14 central government services have already been integrated with the e-biz portal.
ADAG-owned Big Street was awarded the contract for outdoor hoardings on Ashram Road last May.
Bankers are confident that unlike the last time, there would not be significant erosion in asset quality, since their expansion strategies are backed by rich information on borrowers' credit histories.
In a surprise move, Niira Radia, owner and promoter of Vaishnavi Group which has the mandate from Tata Group and Mukesh Ambani-led Reliance Industries Ltd, has announced her exit from the business of communication consultancy.
Munich-based Giesecke and Devrient supplies security features to the RBI for currency notes, and machines to bank branches across the country to detect counterfeits.
Adani group will demerge all ports, power assets into two 2 listed firms.
Key economies like India and China are rapidly becoming the biggest trading partners of the Gulf countries as compared to other regions, a new study has said.
Anil Ambani-led Reliance Group sells multiplex business to Carnival Cinemas.
The appliance maker seeks to buy Motorola's ailing cell-phone division to complement its telecom business; critics say it's not a good fit
Wipro Infotech - the Asia-Pacific and West-Asia arm of the $4 billion Wipro Limited - has restructured its operations. The company has transferred majority of its business to global IT division, Wipro Technologies. Wipro Infotech has also undergone other management changes, and re-alignment of various verticals. According to the mail, Anand Sankaran is being appointed chief executive of Wipro Infotech.
Prime Minister Narendra Modi will push for stepping up global cooperation against the key issue of cross border tax avoidance and evasion at the G20 summit
Indiabulls has received Sebi's approval to enter the mutual fund operations.
As the government submitted a list of 627 foreign account holders to the Supreme Court on Wednesday, the spotlight is on family of former Maharashtra chief minister, former minister in the UPA government, a Mumbai-based corporate among others. Vrishti Beniwal reports
West Bengal Chief Minister Mamata Banerjee has left no stone unturned this year after big industrialists, along with Union ministers, skipped attending the BGBS 2017.
Happiest Minds, expected to be formally launched for customer delivery in five months, would have six lines of businesses, namely IT services, R&D services, product engineering services, remote infrastructure management, testing and consulting.
For the June quarter, sales for DLF were down 25 per cent at Rs 1,725 crore (Rs 17.25 billion) over the same quarter a year earlier.
Facebook's Mark Zuckerberg is at the second place.
Bicycles, car pools and fans are making a comeback into the lives of Japanese people battling soaring oil prices and global warming.
The govt's willingness for change and 'feel good' factor has boosted sentiments.
Under the pact, Mukesh Ambani-led Reliance Industries' telecom arm will hire nationwide optical fibre network of Reliance Communications for the roll-out of 4G services.
"In business, personal passion should not be an indulgence, but a promise of excellence," said Mahindra, the vice-chairman & managing director of India's leading farm equipment-to-software group.
In last few years, a number of global players have exited the Indian mutual fund business.
The portal - Mobile Financial Portal -- would offer corporate news, announcements, research reports and stock quotes to its customers across all mobile platforms, a company statement said.
The proposal was put forward by Telecom and IT Minister Kapil Sibal who is on his four-day visit to Japan to attract investments in the Indian ICT sector.
Driven by emergence of Internet as a potent medium, around 25 million users are likely to register themselves for online job search and matrimonial alliances resulting in business of around Rs 565 crore (Rs 5.65 billion) by March 2008.
Futures trading is here to stay. That is the message emerging from the commodity exchanges in India. Futures trading in commodity exchanges reached a whopping Rs 8,97,816 crore (Rs 8,978.16 billion) till June-end in the current financial year.
The UK-based group, run by billionaire Hinduja brothers, is already present across various countries including India in sectors like banking, auto, energy, technology and healthcare and has a turnover of over $25 billion (about Rs 1.4 lakh crore or Rs 1.4 trillion).
The buzz in the IPO market continues with four companies launching their initial share sales this week to raise over Rs 14,628 crore collectively. This comes after four companies -- Devyani International, Krsnaa Diagnostics, Windlas Biotech and Exxaro Tiles-- launched their initial share-sales last week to mobilise Rs 3,614 crore. So far in the current fiscal, 16 companies have raised Rs 30,666 crore through IPOs against Rs 31,277 crore by 30 firms in the entire 2020-21. Going forward, market analysts expect the IPO environment to remain buzzing during the entire 2021-22.
Tata, who stepped down as head of the Tata group on December 28 after 21 years at its helm, was replying to a query about the biggest challenge for his successor.
Tata Consultancy Services said on Monday it will consolidate its financial products into a single business unit -- TCS Financial Solutions.
According to a survey by the Confederation of Indian Industry, the Business Confidence Index for October- December 2010 fell by 1.4 points to 66.2, compared to an increase of 1.5 points in the first half of 2010-11 (April- September).
Besides reviving investor sentiments, Vasundhara Raje's regime has brought reforms in the social sector.
German luxury car maker BMW on Tuesday launched its financing arm in India with an investment of $50 million (about Rs 230 crore) to serve the credit needs of retail customers, fleet owners and dealers.
The Bharathidasan Institute of Management, Bangalore, invites applications for its Post-graduate Diploma in Business Management programme.
Placing an annual limit on the number of India and other non-EU professionals who could come to Britain for work is one of the major items on the coalition government's agenda. The plan, however, has been opposed in several quarters.
He feels much of the problems arise at the level of state governments rather at the central government level.
Ahmedabad has been rated as the most favourable destination for small businesses in India followed by Bangalore and Mumbai, according to a joint report by consultancy firm Ernst & Young (E&Y) and retail solutions provider, Franchise India.
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