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INDIA BUSINESS WORLD - MAY 11th - MAY 31st - 2008
The Month that was ...
News & important developments from the most prospective of the New World markets... India. Our effort is to provide you with the latest and relevant developments that take place in the Indian business, economic and legal environment.
BUSINESS NEWS
AUROBINDO GETS NOD TO MARKET NINE PRODUCTS IN SOUTH AFRICA : Pharmaceutical firm Aurobindo Pharma has said it has received approval from the Medicines Control Council.......More....
LLOYD ELECTRIC BAGS CZECH FIRM LUVATA : LLOYD Electric & Engineering has bought Czech Republic firm Luvata Czech s.r.o., which is into manufacturing of heat exchangers coils...... More....
TECH MAHINDRA BAGS $700M DEAL FROM BRITISH TELECOM : TECH Mahindra, the sixth largest IT exporter, has bagged a $700-million contract from British Telecom (BT) for transforming and improving BT’s IT estate or infrastructure.......More....
STOCK BROKERS’ SUCCESSORS NOT ENTITLED TO FEE SOPS, RULES SUPREME COURT : THE Supreme Court has ruled that provision of succession to registration is not permissible for the purpose of fee continuity benefits for the stock brokers......More....
CALCUTTA HIGH COURT SLAPS RS 52,000 FINE ON MARICO INDUSTRIES : The Calcutta High Court has asked FMCG company Marico Industries to pay Rs 52,000 to rival Dabur..........More....
AIRTEL, FIRSTSOURCE IN $35-M OUTSOURCING DEAL : Bharti Airtel has signed a $35-million, three-year outsourcing agreement with BPO services provider Firstsource Solutions....... More....
RANBAXY INKS TWO DEALS WITH GROUP FIRMS : RANBAXY Laboratories, India’s largest drugmaker, is learnt to have struck two deals with group companies....... More....
MOTOROLA BAGS $90-M GSM DEAL FROM BSNL : Motorola has won a $90-million contract from Indian state-run telecoms firm Bharat Sanchar Nigam Ltd......More....
TCS BAGS $100-M DEAL FROM NXP : INDIA’s largest IT services company, Tata Consultancy Services (TCS), has won a $100 million fiveyear contract with NXP Semiconductors.......More....
SERVICE TAX PAYMENT TO BE EASIER FOR CHIT FUNDS : MANAGERS of chit funds, who run the business of collecting periodical installments from subscribers and give each an agreed amount when their turn comes, now have an easy mode of paying service tax....... More....
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