Company News

BGR bags Rs 1,548cr order from NTPC

Power plant equipment maker BGR Energy Systems (BGR) Ltd has confirmed that it has bagged a Rs 1,548-crore order from state-run power giant NTPC.

The order was awarded for the supply of steam turbine and generators for the proposed 2 X 800 MW super thermal power project at Lara in Chattisgarh.

Lupin Gets Much Awaited FDA’s Approval for Yasmin

For a long time, Lupin was awaiting the approval of US Food and Drug Authority for its oral contraceptive pill known as Yasmin and it has finally got it. Lupin made the announcement and said that it will soon be launching the generic version of Lupin in the market.

MTN launches its revamped MTN Play portal

In a move which marks the fulfillment of MTN's earlier commitment to improve the MTN Play experience of the users and to deliver digital products and services, the company has recently launched a revamped MTN Play content portal - www. mtnplay. com - which brings along a number of enhancements.

Gerresheimer’s Second Acquisition

Announcements coming from the German company Gerresheimer AG are confirming its buying of India's Triveni Polymers.

On Tuesday, the company announced publicly about its acquisition of 75 percent stake in India's Triveni Polymers Pvt. Ltd., which is a manufacturer of plastic pharmaceutical packaging products. No details upon the amount of purchase have been disclosed yet.

Natco Pharma Earns Approval for Anti-ulcer Drug

With the news of receiving an approval from the US Food and Drug Administration for its anti-ulcer drug, the shares of Natco Pharma have hit a high by surging over 6 percent and reaching to Rs 498.90 on Wednesday.

DiamondCorp finalizes funding needed for expanding Lace diamond operation in SA

In a recent announcement, South Africa-based diamond mine development and exploration company DiamondCorp revealed that the funding which the company requires for expanding its Lace diamond operation in the country has been finalized.

Exxon Mobile Corporation’s Partner to explore SA Offshore

Exxon Mobil Corporation has announced that its partner ExxonMobil Exploration and Production South Africa Limited has signed a deal with Impact Africa Limited, a subsidiary of Impact Oil & Gas Limited. The deal will let the companies explore for oil and gas in the offshore regions of South Africa.

Consortium of Three Companies Wins Rights to Operate Turkish Roads for 25 Years

Rights to operate toll roads of 1,975 km, two connecting roads and two bridges in Turkey, have now been given to three companies' consortium which includes UEM Group Bhd, Koç Holding and Gözde Girisim Sermayesi Yatirim Ortakligi.

AustrianTribune Specials

According to a deal announced by Microsoft, the company’s online store is offering a markdown on the Lumia 550 smartphone. The handset, which was originally priced at $139, is being sold by the Microsoft online store for $99 unlocked.

As...

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