Many layers camouflage the acquisition of 1,127 acres of prime real estate in Uttarakhand's capital

Who acquired Dehradun's tea estate?

Business Standard

City-based Laurus Labs, which specialises in manufacturing active pharmaceutical ingredients (APIs) for AIDS and oncology drugs, is planning to invest Rs 200 crore in the next 18 months for capacity expansion.Company's founder and  chief executive officer Satyanarayana Chava on Tuesday said two new manufacturing facilities would be set up in addition to the existing one near Visakhapatnam to take the total capacity to 1.4 million litres from the present 800,000 litre. The expansion would be funded through internal resources.It may be recalled Fidelity Growth Partners India had invested Rs 200 crore in Laurus last year by way of acquiring the stake of Uptuit Inc, a US-based contract R&D services provider with which the company had a partnership.Set up in 2006, Laurus was into only R&D for the first couple of years. It achieved revenues of Rs 720 crore last year, according to its founder. The company makes 50 per cent supplies to large Indian companies, including Ranbaxy and Dr R

Laurus Labs to invest Rs 200 cr

BS Reporter

Strongly pushes for deletion of its reference in the Governor's address

Cauvery award reference: Oppn has govt on mat

Press Trust of India

Kageri of BJP, a former minister is a key producer of arecanut

Karnataka not to revoke ban on gutka

The bank organises a road show across the 109 branches in five districts to

Canara Bank seeds 67,000 accounts with Aadhar

The course will also have three minor specialisations in marketing, human resources and business regulations

Nalsar to offer MBA in court management

Outlay of state credit plan is Rs 99,894 cr, 22% higher as compared to 2012-13

AP credit plan at Rs 1.33 lakh cr

MORF India is one of the leading companies in water and sewage treatment industry for a decade now

Capvent AG picks up 51%  in Morf

Steven Mostert of Sanlam

Interview with Managing Executive, Sanlam India

We would love FDI cap removed: Steven Mostert

The Centre has sought information from the Odisha government on status of implementation of PCPIR (petroleum, chemicals and petrochemicals investment region) hub to be developed at Paradeep.The parliamentary standing committee on chemicals and fertilisers is likely to review implementation of different PCPIRs soon.The implementation of PCPIR in the state is on the slow lane. Indian Oil Corporation Ltd (IOCL), the anchor tenant for the project, is yet to sign a memorandum of understanding (MoU) with the state government.The signing of the pact between IOCL and the state government is key to attracting investments from petrochemicals sectors.Earlier, the Union ministry of chemicals & fertilisers had urged the state government to go for an MoU after the state raised concern over final commitment of the anchor tenant. More recently, senior Biju Janata Dal (BJD) leader and the party's Lok Sabha MP from Kendrapara had sought the intervention of Veerapa Moily, Union minister for petroleum

Centre seeks status report on Odisha PCPIR project

The police had summoned 22 people for questioning in connection with their possible links with Artha Tatwa group chief, Pradip Sethi, who was arrested few days back

Police quizzes persons on links with AT group

The state cooperation department has ordered probe into the operations of 15 multi-state cooperative societies amid growing cases of chit fund fraud

Odisha orders probe into 15 co-op societies

West Bengal Chief Minister Mamata Banerjee will skip the chief ministers' meeting on internal security convened by the Centre in Delhi tomorrow."No, she is not going. Finance minister Amit Mitra will represent the state at the meeting," a highly-placed source in the state secretariat told PTI. 	The sources did not give a reason why the chief minister would not be attending. 	He also could not state who would accompany Mitra. 	The chief minister had earlier on April 16 last year skipped a similar meeting. 	In recent rallies and public meetings the chief minister has been attacking Congress for 'discrimination' against a cash-strapped Bengal.  She has also accused the Centre of holding out threat of using the CBI against the state government since Trinamool Congress quit the UPA on the issue of FDI in retail.

Mamata to skip CM's meet on internal security

The Calcutta High Court today held that The Chatterjee Group, in its tussle with the West Bengal government over control of 155 million shares of Haldia Petrochemicals Limited (HPL), could not seek arbitration at the ICC in Paris as the matter has been decided in Company Law proceedings here

TCG cannot seek arbitration before ICC, Paris: Cal HC

Nitish Kumar led government in Bihar has decided to horn the skills of more than 10 million labourers in next five years

Bihar to train 10 million labourers

The Plan size of Odisha for 2013-14 has been pegged at Rs 21,500 crore, 24.63% higher than Rs 17,250 crore for the last fiscal.

Odisha Plan size pegged at Rs 21,500 cr

With this, its production capacity has been doubled at 8.5 billion packaging materials per year to cater to the growing demand of India, South East Asia and Middle East

Tetra Pak sets up Rs 700 cr facility at Chakan

US based IT systems integrator Emtec has begun its India operation by setting up a new technology centreÂ in Pune.The company is focused on services including application development, packaged application, infrastructure, cloud and consulting. It has recently acquired Bangalore based IT firm Covelix."This significantly increases our ability to deliver cost-effective solutions to our clients through an optimum mix of off-shore and on-shore delivery and makes Emtec more competitive in our selected markets. In addition, the new Emtec development center in Pune gives us strengths in one of the premier IT development regions in India," said Dinesh Desai, Chairman, CEO & president, Emtec.However, it has not disclosed theÂ financialÂ Â investments details. Emtec's current improvements in infrastructure will enable it to grow into a major global systems integrator and double in size over the next five years. Commenting on this, Sunil Misra, chief strategyÂ andÂ delivery officer of Emtec sa

US-based Emtec starts India opration

While the first phase of the resort is already operational, the entire project will be completed by end of 2015

Gujarat to have first 'agri-tainment' park in Dwarka soon

According to the MoU, Interarch would be allotted 30-40 acres of land at Dholera for the facility that would have a capacity of 1.5 lakh tonnes per annum

Interarch signs MoU with govt to set up facility at Dholera

The south west monsoon had reached Kerala on June 1 and it took three days for it to hit Goa

Monsoon sets in Goa 2 days ahead of schedule

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