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Ranbaxy & Teva settle claims
Ranbaxy Laboratories and Teva Pharmaceuticals settled claims that stated that the two drug makers unlawfully restricted competition. It was settled with the New York Attorney General. The two drug leaders will pay he New York state $300,000 and have agreed →
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CCI bags order for 110kV cable from Power Grid Corporation of India
On 21 March, 2012, Cable Corporation of India Ltd (CCI) announced that the company has bagged a cable supply order for a 110 kV EHV cable turnkey project valued at Rs 29 crore from Power Grid Corporation of India. The leader in power cables has stated that the total turnkey contract envisages a supply of 110 kV underground power cable & fibre optic cable package for connecting Vengatta nagar and Marappalam substations in Puducherry. The order includes survey, planning, design, engineering, manufacturing, supply, transportation, insurance, delivery at site and commissioning of the cables. CCI will be providing the single core 630 sq mm XLPE copper cable with lead sheath and HDPE outer sheath and underground fibre optics cable (24 fibre) complete with all associated materials for the three‐phase, single circuit transmission link with a total route length of approximately 7 km. The power cable link will →
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Adani begins integrated coal MDO operations in India
In April, 2013, Adani begins integrated coal MDO operations in India, with access to coal reserves of over 3 billion tonnes. The Company begins coal production from the Parsa East-Kente Basan mine in Chhattisgarh. The coal mine has reserves of →
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Adani Power Maharashtra Commissions 3rd Super Critical Power Plant
On June 18, 2013, Adani Power Ltd, a subsidiary of Adani Enterprises Ltd and part of the Adani Group, announced that it is commissioning the third unit of 660 MW of its super critical power plant in Tiroda, Maharashtra. This →
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GSK announces Rs. 864 crore pharmaceutical manufacturing unit in India
On 14th November, 2013, GlaxoSmithKline (GSK) announced that it would invest Rs. 864 crore [£85million] in setting up a new pharmaceutical manufacturing facility in India. The location of the new factory is yet to be finalized. The lead site is →
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GSK initiates voluntary open offer to increase stake in its pharmaceuticals subsidiary in India
GlaxoSmithKline announced a Voluntary Open Offer to increase its stake in its publicly-listed pharmaceuticals subsidiary in India (GlaxoSmithKline Pharmaceuticals Limited) from 50.7% to up to 75% at a price of INR 3,100 per share. GSK intends to keep the Company →
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Godrej acquires Soft & Gentle brand from Colgate-Palmolive
Godrej Consumer Products Ltd (GCPL) announced in December 2012, that its subsidiary in the United Kingdom, Keyline Brands Limited, acquired the Soft & Gentle brand from Colgate-Palmolive for £21m. Soft & Gentle is the UK’s 4th largest female deodorant brand →
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Tata Steel’s new electrical steels improve power industry efficiency
Tata Steel subsidiary, Cogent Power, has unveiled a range of sophisticated new electrical steel products which reduce electricity losses by 20 to 30% compared with conventional grain-oriented grades. The new products are being made at Cogent Power’s Orb works in →
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Tata Power wins four awards at the 53rd Association of Business Communicators Awards Nite 2013
At the ‘Association of Business Communicators of India’ (ABCI) Awards Nite held on 18th October 2013, Tata Power won 4 awards as follows- Silver for Enerji Talk the company’s internal magazine in the category for bilingual publication Silver for Enerji →
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Tata Power signs an Memorandum of Understanding (MOU) with The Government of Vietnam to develop Long Phu 2 Power Project
On 21st November, 2013, Mr. Anil Sardana, Managing Director, Tata Power and Mr. Nguyen Khac Tho, Deputy Director General of Vietnam’s General Directorate of Energy signed the MoU in the presence of Dr. Manmohan Singh, Prime Minister of India, Mr. →
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