Corporate News That Would Interest You
- Ashok Leyland has made a strategic investment in Germany for development of vehicle emission treatment / control systems and products.
- Bata India has sold-off its Hawai brand to Brazilian company ‘Alpragatas’ for about Rs 3.90 crore.
- Cadila Healthcare has launched Venlafaxine Hydrochloride Tablets an anti-depressant drug in the US Market in the strengths of 25, 37 50, 75 and 100 mg upon receiving the final approval from the USFDA.
- Telekom Malaysia buys 15% stake in Aditya Birla group’s company Idea Cellular at Rs 158 per share. Through a preferential offer paying above $2 billion for the acquisition.
- Yahoo! announced partnerships with two Indian mobile operators MTNL and Idea Cellular as part of a series of initiatives in Asia. In case of MTNL it is one Search, the mobile search engine, while in case of Idea Cellular, the partnership is for mobile advertising.
- Punj Lloyd has signed an agreement, to form a JV with Shyam Group, the promoters of Shyam Telelink, a nationanwide unified service access licensee and Spanco Telesystems and Solutions Ltd (SPANCOe) one of the leading telecom systems integration and IT Company.
- Ranbaxy Laboratories has entered into an agreement with Pfizer to settle most of the patent litigation worldwide involving Atorvastation the world’s most prescribed cholesterol lowering medicine.
- Tata Communications has signs Equity Joint Venture Agreement with Shareholders of China Enterprise
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