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ONGC Videsh to invest more in Russian oil field
NEW DELHI, NOV. 24.The Government today approved an additional investment of $1.07 billion by ONGC Videsh Limited (OVL) in the giant Sakhalin-I oil and gas field in Russia. This will be over and above the $1.7 billion already cleared for ...

Oracle, Dell join hands
NEW DELHI, NOV. 24. Extending an eight-year old global alliance in India, Oracle Software and Dell today announced their partnership for the local market to offer a single point of contact for computing requirements. With this partnership, it ...

Birla-Lodha case restarts
KOLKATA, NOV. 24.The Birla-Lodha legal battle over ownership of the assets of MP Birla resumed today after a five-week gap on account of the Puja vacation at the Calcutta High Court. Arguing against the submissions made by the Birlas to ...

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Barometer


Briefly
Syndicate Bank to raise capital
MUMBAI, NOV. 24. Syndicate Bank would raise subordinate debt of Rs. 100 crores through private placement. The board has decided to raise subordinate debt of Rs. 100 crores qualifying for Tier-II capital through private placement, the company told ...

Torrent launches new drug
AHMEDABAD, NOV. 24.Torrent Pharmaceuticals has launched a new drug for Attention Deficit Hyperactivity Disorder (ADHD). The drug, Atomoxetine, under the brand name Tomoxetin, is the first USFDA approved non-stimulant medication now available for ...

Biocon launches Insugen in Tamil Nadu
COIMBATORE: The Bangalore-based Biocon launched here on Wednesday its bio-insulin, Insugen, for sale in Tamil Nadu. It has already been introduced in Bangalore. Stating that this is the first indigenously developed insulin, the President ...

Bajaj Allianz opens branch
TIRUPUR: The Tirupur branch of the Bajaj Allianz Life Insurance Co. was inaugurated on Wednesday by the President of Dyers Association of Tirupur, N. Kandasamy. N. Palanisamy, Chairman and Managing Director of Eastman Group of Companies, and S. ...

CFBC boiler for Kutch power station
TIRUCHI: The first consignment of circulating fluidised bed combustion (CFBC) boiler materials to the Kutch Lignite Thermal Power Station, Gujarat, manufactured by the Bharat Heavy Electricals Ltd was flagged off on Tuesday by the General Manager ...

Blue Star Infotech's investment plan
MUMBAI: Blue Star Infotech has informed the Bombay Stock Exchange that it would invest Rs. 20 crores in a new facility in Mumbai. Located at Hiranandani Gardens (Powai), this 33,000 sq ft facility with a capacity for 400 seats was expected to be ...

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