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  • 30-Aug-2006 | Our Corporate Bureau

    Atorvastatin patent: Ranbaxy beats Pfizer again

    The Oslo City Court in Norway today ruled in favour of Ranbaxy Laboratories on two patents protecting Atorvastatin - Pfizers cholesterol-lowering drug which garners $ 12 billion in sales globally.

  • 27-Aug-2006 | Our Corporate Bureau

    Sahara-Jet parleys reach fever pitch on hearing eve

    Air Sahara is believed to be in talks with Boeing for acquiring new aircraft, even as hectic parleys are on by mediators to resolve the Jet-Sahara imbroglio after the failure of the high profile Rs 2

  • 25-Aug-2006 | Our Corporate Bureau

    L&T earmarks Rs 1,200 cr capex for FY07

    Larsen & Toubro (L&T) has earmarked Rs 1,200 crore for capital expenditure in the current financial year.

    This investment will be used for capacity additions in various projects and

  • 25-Aug-2006 | Our Corporate Bureau

    Pantaloon Retail to raise Rs 1000 crore

    Pantaloon Retail will be divesting up to 24 per cent of its stake in group subsidiaries to raise Rs 500 crore to fund its expansion.

  • 25-Aug-2006 | Our Corporate Bureau

    Samsung`s second plant soon

    Samsung India, the subsidiary of the $56.7 billion South Korean consumer electronics giant, Samsung Electronics, will open a second facility in India next year.

  • 25-Aug-2006 | Our Corporate Bureau

    VSNL to invest $600 mn in Europe, Asia cables

    To lay submarine cables, one between India and Europe and another intra-Asia.

  • 25-Aug-2006 | Our Corporate Bureau

    Tatas line up Rs 1,20,000 cr investments

    The Tata group, Indias second-largest business conglomerate by sales, will invest Rs 1,20,000 crore in the next three to five years to expand its businesses in telecommunications, steel, chemicals,

  • 25-Aug-2006 | Our Corporate Bureau

    VSNL lowers bandwidth rates

    Videsh Sanchar Nigam Ltd has (VSNL) slashed international bandwidth prices by up to 40 per cent, a move that might reduce broadband tariffs paid by consumers, and substantially cut costs for small and

  • 24-Aug-2006 | Our Corporate Bureau

    Tata Group to invest Rs 1,20,000 crore

    The Tata Group, India's second-largest business conglomerate by sales,
    will invest Rs 1,20,000 crore in the next three to five years to expand its
    businesses in telecommunications, steel,

  • 24-Aug-2006 | Our Corporate Bureau

    Hygiene norms hold up basmati exports

    The country may be able to export about five lakh tonne of basmati rice to China over the next five years if the government resolves the issues regarding phyto-sanitary (plant hygiene) norms.

  • 24-Aug-2006 | Our Corporate Bureau

    Essar Ship raises $200m to fund buys

    Essar Shipping and Logistics (ESLL) has raised $200 million from the international markets to supplement its $300 million vessel acquisition programme. The company will source another $100 million

  • 24-Aug-2006 | Our Corporate Bureau

    Tata Tea in India Inc`s biggest buy overseas

    Firm picks up 30% in US water company for $677 million.

  • 23-Aug-2006 | Our Corporate Bureau

    Tata Tea buys 30% in Glaceau for $677mn

    In the largest ever acquisition by an Indian firm, The Tata Group today announced it had acquired a 30% stake in Energy Brands Inc, USA, also known as Glaciau, a specialty mineral water and

  • 23-Aug-2006 | Our Corporate Bureau

    DoT gets tough on user checks

    Violating operators may have to pay Rs 50-cr penalty.

  • 23-Aug-2006 | Our Corporate Bureau

    Govt panel junks CSE report

    The Expert Committee constituted by the Ministry of Health and Family Welfare to investigate the Centre of Science and Environments (CSE) claims of pesticides in colas has disagreed with its findings

  • 23-Aug-2006 | Our Corporate Bureau

    BPL valuation holds key to Hutch-Essar peace

    The negotiated settlement between Hutchison and Essar depends heavily on Hutchison Essar's willingness to pay a higher price for BPL Mobile that operates in the lucrative Mumbai circle. Essar has 33

  • 23-Aug-2006 | Our Corporate Bureau

    Bilt Q4 net zooms 68% to Rs 67 cr

    Ballarpur Industries (BILT) has recorded a net profit of Rs 67 crore for the quarter ended June 30, up 68 per cent compared with Rs 40 crore for the same quarter last year.

  • 22-Aug-2006 | Our Corporate Bureau

    BPL valuation key to Hutch, Essar peace

    The negotiated settlement between Hutchison and Essar depends heavily on Hutchison Essar's willingness to pay a higher price for BPL Mobile that operates in the lucrative Mumbai circle. Essar has 33%

  • 22-Aug-2006 | Our Corporate Bureau

    CSE pesticide report lacks conclusive proof: Govt

    The expert committee constituted by the Ministry of Healthy and Family Welfare is to investigate the Centre of Science and Environments (CSE) findings of pesticide presence in colas has found fault

  • 22-Aug-2006 | Our Corporate Bureau

    Air Deccan offers 3 lakh Rs 3 tickets for 3rd b'day

    As a part of its third anniversary celebrations, low-cost carrier Air Deccan has announced that it will be selling 3 lakh air tickets at Rs 3 (plus taxes & surcharge) for travel in the next 3

  • 22-Aug-2006 | Our Corporate Bureau

    HC notice to Kerala on cola ban

    The Kerala High Court today issued notice to the state government and directed it to justify the ban on the production and sale of cola drinks.

  • 22-Aug-2006 | Our Corporate Bureau

    Shahrukh boards Jet

    Donning a new role, Bollywood star Shahrukh Khan will now hold forth in the boardroom of Jet Airways, the countrys number one airline.

  • 21-Aug-2006 | Our Corporate Bureau

    Privatisation of PSE`s inadequate: CII survey

    An overwhelming 81 per cent of industry respondents who participated in a country-wide survey by the Confederation of Indian Industry said the reform process in the case of privatisation of public

  • 19-Aug-2006 | Our Corporate Bureau

    Reliance Retail to offer global brands

    Reliance Retail, the Rs 25,000 crore retail effort of Reliance Industries scheduled to kick off next month in Hyderabad, is planning to introduce global brands in India, according to Raghu Pillai,

  • 19-Aug-2006 | Our Corporate Bureau

    Essar to consolidate logistics

    Essar Global (EGL), the overseas investment arm of the Essar group, has floated a wholly owned subsidiary  Essar Shipping and Logistics (ESLL) in Cyprus  as part of restructuring and consolidation