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Cadila Healthcare group has received approvals from the United States Food and Drug Association (USFDA) to market three products in quick succession namely, Lamotrigine Chewable Tablets of 2 mg, 5 mg and 25 mg, Lamotrigine Tablets of 25 mg, 50 mg and 150 mg and Divalproex Sprinkle Capsules 125 mg. The Company will market all … Read more Zydus Cadila gets three USFDA approvals
Banking entity, Bank of Rajasthan (BoR), has entered into a pact with Tractors and Farm Equipment (TAFE) to make available tractors to farmers at cheaper rates. The move would enable the farmers primarily in Rajasthan, Madhya Pradesh and Haryana to avail tractor loans at an interest rate of 12% and reduced margin money of 5% … Read more BoR signs pact with TAFE
Major automotive forgings maker, Bharat Forge, has signed a memorandum of understanding (MoU) with the world leader in nuclear power, Areva, to set up a joint venture for rolling out a manufacturing unit for heavy forgings in India. The plant is likely to become operational by 2012. The forgings manufactured by the JV will meet … Read more Bharat Forge signs MoU with Areva
Kalpataru Power Transmission Ltd, a leading EPC player in power transmission and distribution, has secured a transmission order worth 250 million USD from the Ministry of Energy and Water, Kuwait. The prestigious order by far the largest for an Indian transmission company relates to a 172 Km-400 KY double circuit overhead transmission line. The order … Read more Kalpataru Power bags largest power transmission order – $ US 250 mn from Kuwait
Global banking major BNP Paribas has completed the stake acquisition in Geojit Financial Services, following an open offer and conversion of warrants into equity. Earlier on January 23, 1.39 crore shares were allotted to BNP Paribas SA on warrants conversion. Besides, the bank had also made an open offer which closed on January 10 through … Read more BNP Paribas raises its stake in Geojit Financial to 34.33%
The government-appointed six-member board of directors of Satyam Computer Services is reported to have almost finalised the names of the chief executive officer (CEO) and chief financial officer (CFO) of the company. Former managing director of Tata Chemicals Homi Khusrokhan and ex-group finance director of the Murugappa group Partho S Datta are the names that … Read more Homi Khusrokhan + Partho S Datta likely to be Satyam CEO + CFO