The company's total income from operations during the July-September quarter also increased 9.98% to Rs 928 crore as against Rs 844 crore a year ago
However, the company's net profit was up 27.6% to Rs 20.69 crore
Cyclone Hudhud has resulted in loss of production to the company
The market, which witnessed decline during the last five years, is now expected to recover over the next five years and reach $ 512 million by 2018, according to Lucintel
The company posts net profit of Rs 478 cr in Q2 of 2014-15 compared to last year's loss of Rs 454 cr driven mainly due to exclusivity sales of Valsartan in the US during the quarter
During his visit to Spain, India is expected to sign an MoU with Spain on organ transplant knowhow transfer
The Competition Commission of India found that CDAG was indulging in anti-competitive practices by controlling the supply chain through which drugs and medicines are supplied
The $85-mn facility will develop and manufacture innovative technologies for diagnostic testing and quality controls that have applications in healthcare and other markets
The Vadodara-based company has picked 49% stake in Adwiya Mami
As per the agreement, Japanese firm will compound Celanese engineered polymers in Setsunan's facilities in Japan
The new factory adds around 25 million litres of capacity vehicle refinishes products and strengthens its position in China's vehicle refinishes and commercial vehicle OEM markets
With the global chemical industry likely to witness huge shortage of skilled manpower in near future, India will have to organise itself to take advantage of this opportunity
ICL's Performance Products segment to divest its Germany-based APW business as part of ICL's strategy to focus on its core businesses in agriculture, food and engineered materials
The US environment regulator proposes to remove 72 chemicals from approved pesticide inert ingredient list
Two companies have bagged contact for RAPID project, a part of the mammoth Petronas Pengerang Integrated Complex development that is worth an estimated $ 27 billion
Gandhi, head of BASF's Intermediates division, has been appointed in place of Dr Andreas Kreimeyer who will retire on April 30, 2015
Following an earlier announcement about the intended divestment of AkzoNobel's Paper Chemicals activities to Kemira, this deal completes its exit from the paper chemicals market
By acquiring stake in Kadisco Paint, the company aims to further strengthen its presence in the region
Built with an investment of Rs 1000 crore, the plant will have manufacturing capacity of close to 1,000 tonne glass a day initially
The company will manage all existing and future contracts including laboratory testing from Kolkata, Paradip and Chennai in the minerals business