Nicholas Piramal has written
to the Drugs Controller General of India, Mr Ashwini Kumar,
urging him to order the withdrawal of stocks of Dr Reddy’s Labs
Grastim in the market.
The board of directors of tobacco
major ITC Ltd is scheduled to meet on Friday to consider the
merger of ITC Bhadrachalam. Last month, ITC had announced its
plans to merge its paper subsidiary, where the tobacco major
holds 61 per cent equity.
The Bank of America National
Association and other offshore lenders of Dabhol project have
charged that the MSEB has compromised the right of commercial
parties to contract for a neutral arbitrary panel and location
for the resolution of disputes.
Hindustan Lever Ltd has exited
the animal feeds business through the sale of its balance 26
per cent stake in Goldmohur Foods & Feeds Ltd to joint venture
partner Godrej Agrovet.
