Please Share:: 
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
News Round-up
Polaris Software Lab. (POL IN) buys 85% in US co. IdenTrust for USD 20mn. IdenTrust
is a digital identity authentication services provider.(ECNT)
Ramky Infrastructure (RMKY IN) plans to build three captive power plants at an
investment of about USD 568.18mn to ensure uninterrupted power supply for its
industrial parks. (ECNT)
GVK Power & Infra. (GVKP IN) stops collecting Airport Development Fees at Mumbai
airport after a ruling by the Supreme Court. (ECNT)
The Enforcement Directorate (ED) has told Supreme Court it will "attach" the
properties of Unitech Wireless & Swan Telecom, the cos. allegedly involved in the 2G
scam, in two months. (ECNT)
Tata Power (TPWR IN) said they plan to add another 35 megawatts of solar power
capacity in the current financial year. This would require an investment of around
USD 119 mn. (BSTD)
Aurobindo Pharma (ARBP IN), Lupin (LPC IN), Wockhardt (WPL IN),Orchid Pharma and
Dr Reddy's (DRRD IN) have received US Food & Drug Administration nod to launch
the generic version of the USD 2.5 bn Effexor, used to treat depression, from June 1.
(BSTD)
ONGC (ONGC IN) said it had made two oil and gas discoveries in Gujarat.(BSTD)
The government is likely to ask private sector power companies such as Reliance
Power (RPWR IN), Lanco and GMR to incorporate a 'domestic manufacturing clause'
in all their bulk import tenders of power equipment from overseas suppliers. The
move is aimed at accelerating the building up of domestic manufacturing capabilities
for these machines and reduce import dependence. (FNLE)
M&M (MM IN) is working on electric variants of its Gio and Maxximo light CVs
platforms, which it says will be ready in the next six to eight months. The company
said it is looking at a significant electricity driven vehicle portfolio under its umbrella.
(FNLE)
M&M (MM IN) announced the launch of the Maxximo Mini Van, its next generation
passenger carrier, in Mumbai. (THBL)
Tata Sponge (TTSP IN) is setting up a USD 42 mn 25 mw plant for sale of power to
Tata Steel units. (FNLE)
Source: ECNT= Economic Times, BSTD = Business Standard, FNLE = Financial Express, THBL = Business Line.
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
News Round-up
Polaris Software Lab. (POL IN) buys 85% in US co. IdenTrust for USD 20mn. IdenTrust
is a digital identity authentication services provider.(ECNT)
Ramky Infrastructure (RMKY IN) plans to build three captive power plants at an
investment of about USD 568.18mn to ensure uninterrupted power supply for its
industrial parks. (ECNT)
GVK Power & Infra. (GVKP IN) stops collecting Airport Development Fees at Mumbai
airport after a ruling by the Supreme Court. (ECNT)
The Enforcement Directorate (ED) has told Supreme Court it will "attach" the
properties of Unitech Wireless & Swan Telecom, the cos. allegedly involved in the 2G
scam, in two months. (ECNT)
Tata Power (TPWR IN) said they plan to add another 35 megawatts of solar power
capacity in the current financial year. This would require an investment of around
USD 119 mn. (BSTD)
Aurobindo Pharma (ARBP IN), Lupin (LPC IN), Wockhardt (WPL IN),Orchid Pharma and
Dr Reddy's (DRRD IN) have received US Food & Drug Administration nod to launch
the generic version of the USD 2.5 bn Effexor, used to treat depression, from June 1.
(BSTD)
ONGC (ONGC IN) said it had made two oil and gas discoveries in Gujarat.(BSTD)
The government is likely to ask private sector power companies such as Reliance
Power (RPWR IN), Lanco and GMR to incorporate a 'domestic manufacturing clause'
in all their bulk import tenders of power equipment from overseas suppliers. The
move is aimed at accelerating the building up of domestic manufacturing capabilities
for these machines and reduce import dependence. (FNLE)
M&M (MM IN) is working on electric variants of its Gio and Maxximo light CVs
platforms, which it says will be ready in the next six to eight months. The company
said it is looking at a significant electricity driven vehicle portfolio under its umbrella.
(FNLE)
M&M (MM IN) announced the launch of the Maxximo Mini Van, its next generation
passenger carrier, in Mumbai. (THBL)
Tata Sponge (TTSP IN) is setting up a USD 42 mn 25 mw plant for sale of power to
Tata Steel units. (FNLE)
Source: ECNT= Economic Times, BSTD = Business Standard, FNLE = Financial Express, THBL = Business Line.
No comments:
Post a Comment