Online edition of India's National Newspaper
Wednesday, February 21, 2007
First major FDI in refining
DLF fined Rs. 1 cr. for trading in BFSL
MUMBAI: The Securities and Exchange Board of India on Tuesday imposed a fine of Rs. 1 crore on DLF Commercial Developers (DLFCD) for trading in the shares of Bhoruka Financial Services at the de-recognised Magadh Stock Exchange Association ...
Flexibility to ULIPs investment plans
CHENNAI: The Insurance Regulatory and Development Authority (IRDA) has raised with effect from February 20, the maximum share of money market instruments to 40 per cent from 20 per cent of the total fund (for each policy holder) in the case of ...
Ranbaxy to submit bid for Merck (generics)
NEW DELHI: Ranbaxy Laboratories is expected to submit its bid for Merck's generics business by the end of this month as it gives final touches to the formation of a special purpose vehicle (SPV) for the acquisition. ...
AETL gets process patent
CHENNAI: : Advanced Enzyme Technologies Limited (AETL), a manufacturer of enzymes and probiotics, has received a process patent for leather manufacturing. The process, named `Eco-Friendly WET Blue Manufacturing,' will allow for better quality of ...
Sony Pictures picks up equity in FrameFlow
CHENNAI: U.S.-based Sony Pictures Imageworks (SPI) has announced an equity investment in visual effects and animation studio FrameFlow, a company which is based in Atlanta and Los Angeles and has its production operation in Chennai. As part of ...
Maveric Systems ties up with U.K. consultant
CHENNAI: : Maveric Systems, a software testing company, has announced its strategic partnership with Real Consulting Services Ltd. (RCS), a U.K.-based company providing transformation services and solutions to the banking and insurance sectors, ...
IndiGo announces promotional offer
NEW DELHI: IndiGo, the low-fare private domestic carrier, on Tuesday announced a promotional offer on one lakh tickets at Rs. 100, Rs. 500 and Rs. 1,000 (plus taxes and surcharges). These tickets will be available on a first come, first served ...
Nexxoft acquires eZeesoft
HYDERABAD: Nexxoft Infotel Ltd., a provider of advanced manufacturing technology solutions, has acquired 100 per cent of the business of the Mumbai-based software company, eZeesoft (P) Ltd. Nexxoft has its registered office in Hyderabad and ...
Bentley gets DCGI nod for Nasulin Phase II trial
BANGALORE: Biocon announced on Tuesday that its licensing partner, Bentley Pharmaceuticals Inc., a specialty pharmaceutical company, has received approval from the Drug Controller General of India (DCGI) to proceed with Phase II clinical ...
Aurobindo Pharma gets nod for making Lisinopril
HYDERABAD: : The Medicines Control Council of South Africa has granted authorisation to Aurobindo Pharma to participate in the key segment of the medicine market by manufacturing Lisinopril tablets in 5 mg, 10 mg, and 20 mg strengths. Lisinopril ...
Andhra Bank to get `mobile' ATMs
BANGALORE: : Andhra Bank will soon get Automated Teller Machines (ATMs) with biometric access and audio interactivity, having ordered 150 to 200 such ATMs for the coming fiscal. According to L. Ramakrishnan, Chairman and Managing Director, more ...
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