Unichem Laboratories received the approval from US Food & Drug Administration (USFDA) for Hydrochlorothiazide tablets in the strengths of 25 mg and 50 mg.
McNally Bharat Engineering Company bagged orders worth Rs 532.5 million from Siemens VAI and Brahmani River Pallets.
International Finance Corporation (IFC) has sold its 7.75% stake in Dabur Pharma
Lupin has entered into a multi–year promotion and marketing agreement with Forest Laboratories for the Aero Chamber Plus line of products.
IVRCL Infrastructures & Projects secured an irrigation order of Rs 7,149.6 million (approx Rs 7.15 billion) from the Andhra Pradesh government. the company had bagged five orders worth over Rs 3.51 billion for construction related works.
Promoters of Balaji Telefilms have decided to terminate the various agreements with the Star group and Asian Broadcasting FZ-LLC. (ABF). In August 2004, ABF had acquired a 25.99% stake in Balaji Telefilms.
The Civil Aviation Ministry released the draft guidelines that would allow other operators to collect airport fees from passengers. Domestic travellers will now pay Rs 375 as a user development fee (UDF) when flying out of Hyderabad and international travellers will pay Rs 1,000.
ITC, the market leader in its businesses of cigarettes, hotels, paperboards, packaging and agri-exports announced on Tuesday, August 19 that its wholly owned subsidiary ITC Infotech (USA) has acquired the entire membership interest of Pyxis Solutions, a New York limited liability company, on Aug. 11, 2008.
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