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Bharti
Tele to acquire 27 per cent stake in Hexacom
New Delhi: Bharti TeleVentures Ltd, which is seeking
to expand its cellular footprint across the country, has
reached an agreement with Telesystem (Mauritius) Pvt Ltd,
a subsidiary of Telesystem International Wireless Inc,
Canada, to buy its 27.5 per cent equity in Hexacom India
Ltd, which operates the cellular licence in Rajasthan.
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UB
scouts for buys in wine, RTD segments
New Delhi: Unit Breweries is planning to scale
up its presence in the wine and ready-to-drink (RTD) alcoholic
beverages market.
According
to Mr Vijay Rekhi, President of UB Spirits Division, the
company is looking to make a local acquisition in the
spirits/wine segment in the coming year.
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Regulator
stops BSES from cutting supply
Mumbai: The State electricity regulator on Thursday
stopped BSES Ltd from cutting supply to about 20 lakh
users if they did not pay an "additional security
deposit" demanded by the company.
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BHEL
bags order from Ambuja Cement
New Delhi: Bharat Heavy Electricals Ltd has bagged
an equipment order from Ambuja Cement Eastern Ltd for
a captive power plant at its cement factory in Chhattisgarh.
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Shasun
plant passes European inspection
Chennai: Shasun Chemicals & Drugs announced
on Friday that its manufacturing unit in Cuddalore, Tamil
Nadu, passed an inspection for select drugs by the European
regulator, European Directorate for the Quality of Medicines
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Patent
violation: Mauser plans legal action
Mumbai: Mauser Gmbh, a leading global player manufacturing
rigid plastic packaging products, plans to take legal
action for patent violation, against some Indian companies
engaged in the manufacture of plastic containers.
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Colour
Chem offers VRS
Mumbai: Colour Chem Ltd has informed the BSE that
the company is offering the voluntary retirement scheme
to its employees at its Thane factory and the Head Office
at Churchgate, Mumbai.
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AP
Paper Mills stake sold to L.N. Bangur
Hyderabad: The
Andhra Pradesh Government has sold its 25.36 per cent
stake in AP Paper Mills Ltd for Rs 39.29 crore at Rs 130.95
per share to Digvijay Investments Ltd , which already
holds 46.73 stake in the company.
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US
nod for Gland Pharma injectables unit
Hyderabad: Gland Pharma Ltd, the city-based injectables
manufacturing company with the German collaboration, has
received the approval of the US Food and Drug Administration
for its injectables facility here.
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Bharti
Infotel announces launch of WiFi services
New Delhi: Bharti Infotel Ltd, the access, long-distance,
data & corporate solutions subsidiary of Bharti TeleVentures
Ltd, has announced the launch of WiFi services over DSL
in Delhi, Haryana, Tamil Nadu and Karnataka circles.
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