INDIA BUSINESS WORLD - INDIA BUSINESS WORLD - SEPTEMBER 1st - SEPTEMBER 30th - 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
GOOGLE’S DESKTOP WEB BROWSER, CHROME BAGS 1% SHARE OF GLOBAL MKT IN 4 DAYS :CHROME, Google’s desktop web browser, has created a record of sort by taking over 1% share of the global market within four days of its launch. But analysts say it will take a long while to unseat Microsoft's Internet Explorer (IE) that controls over 72% of the market........More....
PARLE AGRO PRODUCTS DECIDES TO DROP TRADEMARK FROM ITS CONFECTIONERY PRODUCTS : THE rivalry between the Chauhan brothers of the Parle Group over the Parle trademark is set to end with Parle Agro Products........ More....
TATA STEEL BUYS RIGHTS TO NIPPON WELDING TECHNOLOGY : TATA Steel has signed an agreement with a Nippon Steel arm for transfer of welding technology. As part of this, Nippon Steel Hardfacing Co’s ...........More....
USFDA BANS 30 RANBAXY DRUGS : In a major setback for Ranbaxy Laboratories, the US Food & Drug Administration (FDA) has banned the entry of over 30 medicines manufactured by the company at two of its Indian facilities....... More....
33% INDEPENDENT DIRECTORS FOR UNLISTED COS : UNLISTED public limited companies will have to gear up for greater corporate governance standards. The proposed new company law seeks to empower ........More....
RNRL SECURES 4 LIMESTONE MINING LICENCES IN MP : RELIANCE Natural Resources, part of the Anil Ambani group, is learnt to have secured four limestone-mining licences in Satna......... More....
AGRICULTURE PROCESSED FOOD PRODUCTS EXPORT DEVELOPMENT AUTHORITY ACT (APEDA ACT) AMENDMENTS GET CABINET APPROVAL : THE Union Cabinet has approved amendments to the Agriculture Processed Food Products Export Development Authority Act (APEDA Act) for registration of intellectual property and patent rights by APEDA......... More....
MICROSOFT GETS RS 128-CR TAX EVASION NOTICE : SOFTWARE major Microsoft’s Indian arm has come under the tax scanner. The service tax department has confirmed a tax demand of Rs 128 crore and slapped a penalty of another Rs 128 crore......... More....
SONY WINS TAX TRIBUNAL’S FAVOUR ON AD EXPENSES : TSony India has been allowed by income tax tribunal to claim deductions on its expenses on advertisement and sales promotion for calculating its tax liability. The ruling by the Income Tax Appellate Tribunal.......... More....
GLENMARK GETS USFDA NOD TO MKT ANTI-INFLAMMATORY DRUG : Drug maker Glenmark Generics has said that it has received United States Food and Drug Administration (USFDA) ........ More....
SUVEN GETS DCGI NOD FOR PHASE I TRIALS OF SUVN-502 : Pharmaceutical firm Suven Life Science has said that it has received permission from Drug Controller General of India to conduct Phase .......... More....
BHEL BAGS RS 338-CRORE CONTRACT FROM SAIL : State-run Bharat Heavy Electricals has said that it has bagged an order worth Rs 338 crore from the country’s largest steel producer Steel Authority of India......... More....
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