India’s Natco Pharma Limited, which is based in Hyderabad, has declared that it has entered into a collaboration with the Pittsburgh based Mylan Inc in order to distribute and market its product, glatiramer acetate (sold as Copaxone R), on a global scale. It is reported that Natco endorsed a ...

National Aluminium Co Ltd (Nalco), which is the second largest producer of aluminium in India, declared on Wednesday 4 June that it is going to invest Rs 400 billion in various international and domestic expansion projects in the coming five years. The proposed Nalco projects include smelter and ...

An inside industry source has revealed that Verizon Wireless is in talks to purchase rural mobile service provider Alltel Corp. The purchase is going to be made for about $27 in debt and cash to create a company that would overtake AT&T Inc as the number one US mobile service provider. Last ...

A group from a key multinational company of India has reached Islamabad in order to explore possibilities of trade investment in Pakistan. This development is taking place after the External Affairs Minister of India, Mr Pranab Mukherjee on a recent visit to the country discussed ways with the ...

Crompton Greaves, a prominent name in India in the field of electrical equipment manufacturing, announced on Monday 2 June that it has completed the acquisition of French firm, Societe Nouvelle de Maintenance Transformateurs (Sonomatra). CG revealed that it has bought the French Company for Euro ...

The fifth largest pharmaceutical company in India, Cadila Healthcare Ltd (Zydus Cadila) which is an important manufacturer of generic drugs declared on Friday 30 May that it has forayed in the market of Spain. It informed that the company has acquired 100 stakes in Spain’s Laboratorios Combix ...

The biggest tyre cord manufacturer of India, SRF on Tuesday, May 27, announced that it has entered into a deal to acquire a tyre cord company of Thailand, Thai Baroda Industries Ltd. (TBIL) for Rs 100 crore. For dipped nylon tyre cord fabric, the TBIL is known to have a yearly production capacity ...

The world’s second largest media and entertainment conglomerate, Time Warner Inc. declared on Wednesday 21 May that it is spinning off its Time Warner Cable Inc. branch through a $9.25 billion deal. The American national cable television company Time Warner Cable, which operates under the ...

The India China bilateral trade through the famous Silk Route reopened on Monday 19 May, but amidst a new border row. In the latest spat with India, China has now demanded a small strip of land in north Sikkim. The border trade through the Nathu La between India and China was earlier decided to be ...

Veteran Billionaire investor, Carl Icahn is planning to run a proxy campaign to elect new board members at Yahoo Incorporation. The move of Icahn comes shortly after the company failed to forge a deal to merge with Microsoft Corporation. According to a source, the billionaire investor has built up ...

Cablevision Systems Corporation in order to add a new channel to its Rainbow Media portfolio of cable movie channels is planning to purchase Robert Redford’s Sundance channel. Cablevision recently revealed that it will buy Sundance channel from General Electric’s NBC Universal, ...

Microsoft has finally agreed to raise its bid above $31 per share to take over Yahoo. A person on condition of being anonymous has said that Microsoft has raised its offer beyond the original value $44.6 billion. The New York Times has reported that the giant software company has raised its offer ...

According to the reports of the US media, chocolate giant Mars and Warren Buffett\'s investment company Berkshire Hathaway are expected to acquire premium chewing gum company Wrigley for $22 billion. The reports say that the deal may be announced today. The meager of Mars and Wrigley are sure to ...

With Egyptian President Hosni Mubarak’s visit to India due later this year, both the nations are looking forward to re-strengthen their business and diplomatic ties. Investment and trade are going to be the dominant aspects which are likely to be discussed during the President’s visit ...