Ranbaxy Laboratories Limited (RLL), announced today that the Company has received approval from the U.S. Food and Drug Administration to manufacture and market Cefuroxime Axetil for Oral Suspension USP, 125 mg/5mL and 250 mg/5mL, which will be the first generic formulation on the market. ...
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Ranbaxy gets approval to mfg,mkt Cefuroxime Axetil
Posted on: Thursday, February 7th 2008 and is filed under Press Releases.
Mindteck completes acquisition of Infotech Consulting
Posted on: Thursday, February 7th 2008 and is filed under Press Releases.
Mindteck (India) Limited, a global Technology and IT services company, today announced its acquisition of Infotech Consulting, a multi-disciplined technology services firm based in Pennsylvania, U.S. The acquisition value was pegged at US$ 21 million. Infotech Consulting, with estimate...
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CyberTech 9 mths offshore revenue up 14%
Posted on: Thursday, February 7th 2008 and is filed under Press Releases.
CyberTech Systems and Software Limited today announced results for the quarter and nine months ended December 31, 2007. Highlights – Consolidated – Nine Months ended December 31, 2007 · Revenue of Rs. 48.36 cr. · Other income of Rs. 4.06 cr. is mainly rent from surplus...
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SKS Microfinance launches technology initiative
Posted on: Wednesday, February 6th 2008 and is filed under Press Releases.
SKS Microfinance, one of the world’s leading microfinance companies has launched a unique initiative to create an IT infrastructure that will accelerate its goal of financial inclusion. The initiative involves IT majors Compulink, HCL, IPROMicrosoft, Tulip IT and Wipro InfoTech who will...
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CRISIL, Equifax, Tata Capital plans to create CIC
Posted on: Wednesday, February 6th 2008 and is filed under Press Releases.
CRISIL today announced that it has reached a preliminary understanding with Equifax Inc., USA, and Tata Capital Limited, to set up a Credit Information Company (CIC) in India. CRISIL has applied to the Reserve Bank of India (RBI) for permission to start and operate a CIC. The establishmen...
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JSW Steel post 13% growth in January 2008
Posted on: Wednesday, February 6th 2008 and is filed under Press Releases.
JSW Steel Limited has posted the highest ever crude steel production with 13% growth in January 08. The company has also achieved the highest production in HR Coils and HR plate segments with 4% and 54% growth respectively. Company has also shown 2% growth in volumes sequentially in Crude...
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Maruti Suzuki to launch a car below Maruti 800
Posted on: Wednesday, February 6th 2008 and is filed under Press Releases.
A section of the media has reported today that Maruti Suzuki is ready with a small car with a 660 cc engine, positioned below the Maruti 800 and priced at Rs 1.5 lakh. The company, through this press release, is denying the report. As announced earlier, the company has no plans to laun...
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Tata Power completes financing for Maithon thermal power
Posted on: Wednesday, February 6th 2008 and is filed under Press Releases.
Maithon Power Limited (MPL), a 74:26 joint venture between The Tata Power Company Limited (Tata Power) and Damodar Valley Corporation (DVC) announced completion of its financing for the 1050 MW coal based thermal power project, being set up in Dhanbad District of Jharkhand State. The Proj...
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Canara Bank slashes interest on Home Loans
Posted on: Wednesday, February 6th 2008 and is filed under Press Releases.
Canara Bank has reduced the rate of interest by 25 basis points w.e.f. 07.02.2008 on existing as well as new housing loans, irrespective of loan amount and for all tenors up to 25 years. All borrowers who have opted for Home loan under the floating rate will get the benefit of interest re...
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Suzlon signs new Australian order for 56.7mw of capacity
Posted on: Wednesday, February 6th 2008 and is filed under Press Releases.
Suzlon Energy Limited (SEL), the world’s fifth leading and India’s largest wind turbine manufacturer announced the signing of new order in Australia. The contract, for 56.7 MW of capacity, was signed with Melbourne’s Pacific Hydro Limited by the company’s Australia-operations arm ...
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