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Dr
Reddy's files in US for migraine drug
Hyderabad: DR Reddy's Laboratories on Wednesday
announced that it had filed an Abbreviated New Drug Application
with the United States Food and Drug Administration for
Sumatriptan Succinate oral tablets used for tackling migraine.
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Lupin
files new drug application for psoriasis
Mumbai: Lupin Ltd has filed an investigational
new drug application for a botanical oral treatment for
psoriasis, Desoris with the Drug Controller General.
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MECON
bags 3 highway projects
Kolkata: MECOM Ltd as bagged three road sector
orders from the National Highway Authority of India for
the Golden Quadrilateral North-South and East-West corridors.
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Singapore
co also to invest in Matrix Labs
Hyderabad: TEMASEK Holdings (Private) Ltd, Singapore
will join Newbridge Capital in a significant investment
into Matrix Laboratories Ltd, the Hyderabad-based, pharma
major through the purchase of equity shares by way of
preferential basis and secondary sale.
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Bharti
`all set' to acquire Escotel
Hyderabad: Bharti Tele-Ventures Ltd, flagship company
of the Bharti group, is learnt to have wrapped up a deal
with the Escorts group to acquire its majority stake in
Escotel Mobile Communications Ltd that offers GSM cellular
services in Haryana, Kerala and Uttar Pradesh (West).
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Andhra
Sugars, Krebs in pact with loss-making units
Hyderabad: Abdhra Sugars Ltd and Krebs Bio Chemicals
have entered into sale and purchase agreement with the
loss-making co-operative units of West Godavari Cooperative
Sugar Factory Ltd and NVR Cooperative Sugar Factory Ltd
in Bhimadolu in West Godavari and Jampani in Guntur district.
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Suven
gets ISO certification
Hyderabad: Suven Life Sciences has obtained the
ISO 14001:1996, the Environmental Management System Certificate
for its manufacturing units in Suryapet in Nalgonda district
and Jeedimetla on the outskirts of Hyderabad.
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AirTel
adds 50,000 customers in 60 days in TN circle
Chennai: Bharti
Cellular Ltd has enrolled 50,000 customers for its mobile
service, AirTel, in 60 days in its service area in the
Tamil Nadu circle.
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Orange
to invest Rs 300 cr more in Mumbai circle
Mumbai: Orange, the cellular service of the Hutchison
Essar group, has announced an investment of Rs 300 crore
in the metropolitan circle of Mumbai, which will bring
its total investment in the circle to Rs 1,150 crore.
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SSI
profit at Rs 11.27 crore
Chennai: SSI Ltd has reported a net profit of Rs
11.27 crore for the 15 months financial year-ended September
30, 2003.
The company extended its fiscal year 2002-03 to 15 months
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Goldstone
Tech board approves GDR issue
Hyderabad: Goldstone Technologies Ltd, the Hyderabad-based
software services company, has passed a resolution that
entitles the company to raise up to $15 million through
GDRs. It also decided to hike the authorised capital from
Rs 20 crore to Rs 30 crore.
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