Wednesday, February 10, 1999
Ranbaxy Labs likely to forge pact with Glaxo
Long-time business competitors Ranbaxy Laboratories and Cipla are believed to be close to finalising a co-marketing arrangement for a specific range of drugs in the country.
Petronet India's Rs 410cr Vadinar pipeline equity structure
The equity structure for Petronet India's Rs 410-crore Vadinar-Kandla pipeline has been finalised. Overall, there will be nine parties subscribing to the equity of Rs 102.5 crore. The debt component of Rs 307.5 crore has been drawn up on competitive terms of 14.5%on a long-term basis.
MSEB appeals to Centre on Dabhol guarantee issue
Maharashtra State Electricity Board (MSEB) has appealed to the Centre to issue confirmation to the Dabhol Power Company, that the counter guarantee given for the first phase of 740 mw will not be diluted, but will remain valid.
|
|
