Page 29 - Manufacturing Industry

ABB bags Rs 4,350 crore deal from PGCIL for power transmission project

Total value of project is more than Rs 5,700 crore, with BHEL executing the balance

Amgen and Immatics to collaborate for cancer drug research

Immatics to receive $ 30 mn upfront & potentially over $ 1 bn in milestone payments & royalties

Valeant sells three skincare brands to L'Oreal for $1.3 billion

The company has also sold off Dendreon Pharma to China's Sanpower Group for $ 819.9 mn

US-based PerkinElmer acquires Tulip Diagnostics

The deal will support PerkinElmer's growth in the Indian diagnostics market

Granules India receives 11 observations from Portuguese drug regulator

Infarmed, Portugal, issued these observations for Granules India's Gagillapur facility

"Revoke notification on input tax credit withdrawal on gas in Gujarat"

Assocham says cost of RLNG has shot up to 15% for gas distributors based outside Gujarat

Govt launches IPR enforcement toolkit for police

Toolkit will be a ready reckoner for police officials across the country in dealing with IP crimes

Indian water purifier market to reach $4.1 bn by 2024: Study

RO and UV purifying technologies expected to show a strong growth rate, says TMR report

Auto, construction sectors to drive Asia-Pacific coating resins market

Growing focus on innovations to create opportunities in Indian coating resin market, says TMR report

Aurobindo acquires Portugal's Generis Farmaceutica for € 135 mn

The deal will help Aurobindo to establish itself as one of the leading generics players in Europe

Castrol enters into strategic partnership pact with Tata Motors

As per the deal, Castrol will supply commercial vehicle oils to Tata Motors in 50 markets globally

Exide Industries opens lead acid storage batteries making plant in Haldia

The Rs 700-crore plant has been built in collaboration with the US-based East Penn Manufacturing

Beyond the star ratings

Govt should incentivise use of new AC tech to achieve energy efficiency goals, says Peeyush Gupta

Natco receives US FDA approval for cancer drug bendamustine

The approved product is generic version of Treanda, which has annual sales of about $ 133 mn in US

Gravita starts production of lead metal from recycling plant at Chittoor

The plant, with capacity of 12000 MTPA, will tap the opportunity in domestic and exports markets

Hikal sells R&D property in Bengaluru

The land was lying vacant after Hikal consolidated its R&D operations in Pune in 2014

Sudarshan Chemical commissions cogen power plant at Roha site

The plant will make the company more competitive by reducing the electricity generation cost by 50%

BGR Energy bags two contracts of Rs 650 crores for water treatment projects

It has won Rs 209 cr and Rs 440 cr contracts in Andhra Pradesh and Tamil Nadu, respectively

Prima Plastics expands manufacturing capacity in Cameroon

The JV, Prima Dee-Lite Plastics, has raised the capacity from 4500 TPA to 8500 TPA

Uflex develops tortilla chips' packaging for US-based Whole Foods Market

The company is eyeing to tap tortilla & other snacks market in USA with the new packaging solution