Biocon subsi ties up with Bristol-Myers Squibb
Integrated biotechnology firm Biocon said its subsidiary Syngene has entered into a research partnership with global pharma major Bristol-Myers Squibb.
Coal India IPO likely this year
Coal India Ltd is expected to hit the market with its much-waited IPO before the end of the first quarter or the beginning of the second quarter of the 2007-08 fiscal.
Reliance looking for stake in Carrefour
Primed for a global footprint in the retail business, Mukesh Ambani's Reliance group is talking to French retail major Carrefour.
HP to expand BPO headcount by 20 per cent; no sell-off plans
Amid an emerging trend of multi-national companies hiving off their India offshore units, the US-based PC giant Hewlett Packard (HP) has asserted it remains committed to its BPO unit in the country.
Ranbaxy faces legal action from Pfizer
Ranbaxy faces a legal suit from Pfizer for its plans to launch a generic version of the cholesterol and blood pressure drug, Caduet.
Vodafone, Essar reach truce; deal tomorrow
Vodafone CEO Arun Sarin is to visit India tomorrow to ink a deal with Indian partner Essar on management and organisational issues.
Ranbaxy, Cipla in bids for Merck`s generic biz
Leading Indian drug makers Ranbaxy Laboratories Ltd and Cipla Ltd have submitted bids to acquire the generic drugs business, estimated to be worth $6 billion, of German pharma major Merck KGaA.
Piaggio plans Vespa’s third entry into India soon
Eight years after they went off Indian roads following Piaggio’s break-up with joint venture partner LML, Vespa scooters are set to return to the domestic market, along with Aprilia motorcycles.
ITC to invest Rs 150 cr for foray into snacks biz
ITC Ltd's Food Division said it will invest Rs 150 crore in the next two years for its foray into the snacks segment and is eyeing 25 per cent market share of the Rs 2,000 crore organised market in the next 4-5 years.
Core sector posts 8.7 per cent growth in Jan
Six core infrastructure industries posted an 8.7 per cent growth in January 2007 compared to 8.2 per cent in the same month last year.
Tata restarts talks on $3 bn B'desh investment
India's Tata Group this week tried to revive its 2-˝ year-old plan for Bangladesh's biggest inward investment, opening talks with the new Army-backed government.
Pak's DG Khan Cement eyes Indian market
Pakistan's top cement producer DG Khan Cement (DGKC) is eyeing the Indian market to sell its surplus output after a new plant starts production next month.
DuPont's Hyderabad centre a first outside US
US-based science products and services firm DuPont announced start of its first plant biotech research centre outside US in Hyderabad to develop high-yielding hybrid seeds that would help farmer improve crop productivity and profitability.
Essar, Ambani in talks to buy Iran LNG
India's Essar Group and the Anil Ambani group are in talks to buy liquefied natural gas from Iran even as the Indian government seeks the honouring of its LNG import deal with the Islamic nation.
Sun, NIIT partner for Solaris training
Sun Microsystems and NIIT have forged a partnership to offer training in open source computing through Sun Solaris training programmes.
Malaysia's govt arm buys 9% in IDFC
The investment holding arm of the Malaysian government, Khazanah Nasional Berhad, has acquired 8.97 per cent stake in Infrastructure Development Finance Company (IDFC), a specialised financial intermediary for infrastructure, for Rs 848.16 crore.