Centre asks states to soon break impasse on sugar issue

With the logjam in Uttar Pradesh over higher sugarcane price continuing, the Centre today asked the state government to settle the issues with sugar industry at the earliest so that mills start crushing operations in the current season that started from...

21.03 | 0 komentar | Read More

Cadila Pharma inks pact with UK based Helperby Therapeutics

Nov 28, 2013, 06.58 PM IST As per the licensing agreement, Helperby will take the compound through further clinical trials, approvals and into commercialisation, it added. Like this story, share it with millions of investors...

21.03 | 0 komentar | Read More

Sugar mills will have to start crushing now: Tulsian

After the UP government refrained from giving into pressure by decreasing the price to be paid for sugarcane, SP Tulsian, chief executive officer, sptulsian.com, says the sugar mill owners are not left with any option but to start their mills now.Speaking...

21.03 | 0 komentar | Read More

ISMA rejects UP govt offer of panel on cane price

The deadlock between the Uttar Pradesh government and sugar mills over cane prices continues with the Indian Sugar Manufacturers Association (ISMA) rejecting the government's offer to set up a panel to look into linking cane and sugar prices.Also read:...

21.03 | 0 komentar | Read More

Jubilant receives FDA approval for antipsychotic drug

Jubilant Life Sciences Ltd today said it has received approval from the US health regulator to market generic version AstraZeneca's Seroquel used for the treatment of schizophrenia and acute manic episodes associated with bipolar disorder.The abbreviated...

21.03 | 0 komentar | Read More

2013: The year of iconic Mumbai property deals

The current year, 2013, will go down as the year marquee properties were sold in Mumbai. From the iconic Cadbury House in Peddar Road that's been the chocolate maker's headquarters for almost six decades to the 40-year old Express Towers in Nariman Point...

21.03 | 0 komentar | Read More

Maruti recalls 1,492 Ertiga, Swift, Dzire, A-Star units

Nov 27, 2013, 03.50 PM IST The company said it will inspect the steering column for 1,492 vehicles - Ertiga: 306 units, Swift: 592 units, Dzire: 581 units and A-Star: 13 units manufactured between October 19, 2013 and 26th October 2013....

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Q3 will be better; education biz will recover: Career Point

A change in the engineering entrance exam format led to a drop in enrolments, says Promod Maheshwari, chirman and managing director and chief executive officer, Career Point Infosystems .Speaking to CNBC-TV18 on the company's Q2 results, Maheshwari says...

21.03 | 0 komentar | Read More

Realtors firm; unsure of further discounts: Knight Frank

Despite high inventory levels that could take nine-quarters to exhaust, realtors are unwilling to cut prices. This, Samantak Das of Knight Frank India says, is because the developers are themselves finding it extremely difficult to bring down inventory...

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Need to be watchful of FDA import alert pattern: Dandekar

The US drug regulator FDA issued import alert on drug-maker Wockhardt 's Chikalthana plant, citing non-compliance with good manufacturing practices.Commenting on the import alert, Vikas Dandekar, India bureau chief, Pharmasianews.com said it will not...

21.03 | 0 komentar | Read More

GSK’s malaria vaccine not for profit pricing says CEO Witty

Defying skeptics, GlaxoSmithKline (GSK) has persisted with its quest for a malarial vaccine for 30 years. The company is hopeful of filing for regulatory approval for it next year said CEO, Andrew Witty in an interview to CNBC-TV18.He...

21.04 | 0 komentar | Read More

Haldia Petrochemicals' networth erodes by 50%

After suffering a string of losses, the networth of Haldia Petrochemicals (HPL) has eroded by 50 percent.After a board meeting and EGM of HPL on Friday, chairman of the company and state Industry Minister Partha Chatterjee said every step would be...

21.04 | 0 komentar | Read More

Gas price hike positive; Chakan expansion likely: GE

GE continues to be bullish on India and is infact going to spend additional USD 200-300 million dollars in its new Chakan facility which should come online by April 2014.John Rice, Vice Chairman of GE while welcoming government's decision of hiking gas...

21.04 | 0 komentar | Read More

NHPC's Rs 2,368 cr share buyback to begin from Nov 29

Nov 22, 2013, 10.50 PM IST "The (buyback) process will commence on November 29 and will be concluded on December 12," said a source. The company plans to buyback up to 123,00,74,277 fully paid up equity shares of Rs 10 each at a price...

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Vodafone hopeful of FIPB nod for its FDI proposal

Last week Foreign Investment Promotion Board deferred a decision on Vodafone's proposal to buy out minority shareholders in its Indian arm . But speaking exclusively to CNBC-TV18 at the sidelines of the ISB Capital Markets Conclave, Analjit Singh, chairman,...

21.04 | 0 komentar | Read More

NHPC's Rs 2,368 cr share buyback to begin from Nov 29

Nov 22, 2013, 10.50 PM IST "The (buyback) process will commence on November 29 and will be concluded on December 12," said a source. The company plans to buyback up to 123,00,74,277 fully paid up equity shares of Rs 10 each at a price...

21.03 | 0 komentar | Read More

Gas price hike positive; Chakan expansion likely: GE

GE continues to be bullish on India and is infact going to spend additional USD 200-300 million dollars in its new Chakan facility which should come online by April 2014.John Rice, Vice Chairman of GE while welcoming government's decision of hiking gas...

21.03 | 0 komentar | Read More

GSK’s malaria vaccine not for profit pricing says CEO Witty

Defying skeptics, GlaxoSmithKline (GSK) has persisted with its quest for a malarial vaccine for 30 years. The company is hopeful of filing for regulatory approval for it next year said CEO, Andrew Witty in an interview to CNBC-TV18.He...

21.03 | 0 komentar | Read More

Haldia Petrochemicals' networth erodes by 50%

After suffering a string of losses, the networth of Haldia Petrochemicals (HPL) has eroded by 50 percent.After a board meeting and EGM of HPL on Friday, chairman of the company and state Industry Minister Partha Chatterjee said every step would be...

21.03 | 0 komentar | Read More

Vodafone hopeful of FIPB nod for its FDI proposal

Last week Foreign Investment Promotion Board deferred a decision on Vodafone's proposal to buy out minority shareholders in its Indian arm . But speaking exclusively to CNBC-TV18 at the sidelines of the ISB Capital Markets Conclave, Analjit Singh, chairman,...

21.03 | 0 komentar | Read More

Subsidy burden becoming 'backbreaking': ONGC

Oil and Natural Gas Corporation (ONGC) has said subsidy burden is now almost becoming backbreaking, hinting subsidy bill for the upstream oil and gas major may swell. "Subsidy burden is now almost becoming backbreaking. They are saying that this...

21.03 | 0 komentar | Read More

Union Bank raises Rs 2,000 cr to shore up capital

Union Bank of India today raised Rs 2,000 crore through issuing bonds that are compliant with the global banking norms, Basel III. "Union Bank has raised additional capital to the extent of Rs 2,000 crore by issuing Basel III-compliant unsecured redeemable...

21.03 | 0 komentar | Read More

Want to protect interests of both cane farmers, mills: CM

Amidst private sugar millers in UP threatening not to start crushing operations on the recently announced sugarcane price, Chief minister Akhilesh Yadav Friday said his government wanted to ensure that neither the millers nor the growers faced any problems.Also...

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Tata Motors launches new CNG version of Indigo, Indica cars

Tata Motors today launched CNG versions of mid sized sedan Tata Indigo and compact car Tata Indica under its emax series priced up to Rs 5.27 lakh (ex-showroom Delhi).The new Tata Indigo emax price starts at Rs 4.99 lakh and goes upto Rs 5.27 lakh...

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Ambuja-Holcim deal: Merger would've been better, says IIAS

Despite a strong "no" from Indian proxy advisory firms, IIAS, SES and InGovern,  Ambuja shareholders voted in favour of the company's restructuring plans that consumes most of the companies cash in buying parent Holcim's stake in ACC .Even though...

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Consolidation on the cards for Indian telecom sector: Fitch

Rating agency Fitch Thursday said consolidation is on the cards for the Indian telecom sector as the weaker and smaller telcos may either get acquired or will merge with each other to improve financial health."We believe that, in the long run, India...

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Beyond Tehelka scandal: Reality is clear, we need to act

R JagannathanFirstpost.comA high-profile editor known for crusades against high-level corruption is suddenly a villain for allegedly perpetrating a sexual crime against a junior employee. Stories in the media suggest that he may not be the only editor...

21.03 | 0 komentar | Read More

Sabero Organics to perform better in future: Coromandel

Fertiliser companies could benefit from good monsoon. Kapil Mehan, MD, Coromandel International is confident of inventory levels coming down not only for the company but also for the overall industry too.   The overall industry inventory...

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