Matrix Laboratories Ltd is to set up two joint venture companies, one each in India and Ireland, at a total cost of euro 3.9 million for the development of finished dosage of formulation dossiers.
Maharashtra govt refuses to release viability gap funding of Rs 1,392 crore.
Idea Cellular Ltd has achieved financial closure of over Rs 2,225 crore for its telecom venture with a project cost of around Rs 5,000 crore from IDBI Ltd and Rabo India Finance Pvt Ltd.
The company launched its first store in Amritsar in May, 2009.
The feud between Sony Entertainment Television (SET) and two of its minority stakeholders, who hold a combined 31.67 per cent stake, is finally ending. Both parties have decided to shake hands over paying additional capital demanded by Sony to repay a loan taken to finance its bid for the 2003 Cricket World Cup.
The Delhi High Court on Friday sought response from corporate lobbyist Niira Radia on an application seeking vacation of stay on the release and circulation of the book Close Encounters with Niira Radia authored by advocate R K Anand.
ARKS Srinivas, CEO, VistaMind Education Pvt Ltd who took the exam on the first day shares his experience and offers advice on what students must do to optimise their performance this year.
Ratnagiri Gas and Power Pvt Ltd, the joint venture of state-run GAIL India and NTPC Ltd which owns the 2,150-MW power plant and the adjoining LNG import terminal, plans an IPO to raise Rs 1,000 crore (Rs 10 billion), company Chairman R K Goel told reporters in New Delhi. The Dabhol plant will be fully operational by next month when the third generating unit is commissioned, he said adding that currently, two units were generating about 1,100 MW electricity.
The government will next week consider requests from Mukesh Ambani-led Reliance Group firms and other companies for extension of validity for their different special economic zones.
Reliance Industries Ltd will acquire German firm Metro AG's wholesale operations in India for Rs 2,850 crore as the conglomerate run by billionaire Mukesh Ambani seeks to strengthen its dominant position in India's mammoth retail sector. "Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd, signed definitive agreements to acquire a 100 per cent equity stake in Metro Cash & Carry India for a total cash consideration of Rs 2,850 crore, subject to closing adjustments," said a joint statement. Through this acquisition, Reliance Retail will get access to a network of Metro India stores located in prime locations across key cities, along with a large base of registered kiranas and other institutional customers, and a strong supplier network.
The Hongkong and Shanghai Banking Corporation Ltd on Thursday announced several top-level executive moves and new assignments for its India operations.
Only 1,200 exclusive units of the Innova Aero will be on sale till December, 2012, it said.
US-based Tesla is working through a lot of challenges with the government to launch its products in India, the electric car major's founder and CEO Elon Musk said on Thursday. Responding to a tweet on the company's plans to launch its products in India, Musk tweeted: "Still working through a lot of challenges with the government." Last year, Tesla had sought a reduction in import duties on electric vehicles (EVs) in India.
Royal Challengers Bangalore, the Indian Premier League team at the forefront of creating environmental awareness, on Wednesday marked another step in its ongoing Green Initiative by unveiling a special jersey.
Ruchi Soya Industries on Tuesday announced the acquisition of biscuits business from Patanjali Natural Biscuits Pvt Ltd (PNBPL) in a slump sale at Rs 60.02 crore.
Everest Integrated Communications Ltd, a subsidiary of Rediffusion DY&R Pvt Ltd, on Wednesday appointed Mahesh Chauhan as president of the agency.
Chennai Sports Organisers Pvt Ltd (CSO) has been named the franchise owner of the Chennai team in the multi-million dollar World Series Hockey (WSH) league to be played across various cities of the country starting next month.
Deccan Chargers, one of the Indian Premier League's franchises, has filed multiple applications before government authorities seeking exclusive trademark rights for its name.
Indian drug maker Matrix Laboratories Ltd on Monday said US-based generic pharma firm Mylan Laboratories Inc will acquire up to 71.5 per cent stake in the company for around Rs 3,424 crore ($736 million).
Aryaman Financial Services Ltd has informed BSE that Vaibhav Textiles Pvt Ltd (the Acquirer) has revised the Open Offer made to the Shareholders of Raisaheb Rekhchand Mohota Spinning & Weaving Ltd (Target Company)
Volvo Bus Corporation, the Swedish major, has stitched grand plans for its Indian operations. It is looking at developing the country as its fourth global hub - the others are Poland, Mexico and China - for product development, bus manufacturing, sourcing of components, sales and exports.
Looking to set up food courts and specialty restaurants across the country, leading retailer Pantaloon Retail India Ltd has decided to form a joint venture company with Blue Foods Pvt Ltd.
Aside from the sweetly melodious Ennamo Edho, the other numbers are all mish-mashed versions of Harris Jeyaraj's earlier hits.
The Maharashtra government is heavily banking upon Dabhol power plant to start functioning at its full capacity of 2,150 Mw to help the state tackle the 5,000 Mw shortage during peak summer season.
The film is the Tamil remake of Salman Khan's superhit Dabangg.
The Reliance Anil Dhirubhai Ambani Group's Delhi Airport Express Pvt Ltd (DAMEPL) would run and maintain the line, which would reduce travel time between the heart of the capital and the Indira Gandhi International Airport to 20 minutes.
Olympians Jitendra Kumar and Diwakar Prasad are among the 19 pugilists who have been short-listed to represent the Mumbai franchisee in the World Series of Boxing.
A Mumbai civil court has ordered for temporary restraint on access to an online mobile game titled 'Selmon Bhoi', allegedly based on a hit-and-run incident involving Bollywood actor Salman Khan.
Jeffrey R Immelt, global chairman of General Electric Company was in New Delhi on Thursday as part of his three-day visit to India
Bharti-Walmart Pvt Ltd, the joint venture between Bharti Enterprises and global retail major Walmart Stores, on Wednesday opened its first agricultural cooperative centre at Sirhind in Punjab.
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