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Hetero
set to reap gains from Aspen-GSK deal
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The Hyderabad-based Hetero
Drugs is set to reap strong gains, after British multinational,
GlaxoSmithKline, on Sunday, agreed to grant a voluntary licence
to Aspen Pharmacare in South Africa for AIDS drugs — AZT, 3TC
and Combivir. |
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Essar
Group awaits board nod to hive off oil business |
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Even while awaiting the final
board clearance for the hiving-off of its profitable oil and
drilling business from its upcoming 10.5 mpta refinery project
at Vadinar, the Essar Group’s oil drilling and services division
is putting finishes touches to its plans of pumping in around
Rs 150 crore into exploration and development of oil wells in
Rajasthan. |
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Glaxo,
SmithKline merger official |
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Glaxo India Ltd and SmithKline
Beecham Pharmaceuticals (India) Ltd have legally merged to form
GlaxoSmithKline Pharamceuticals Ltd in India. |
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GTF
targets export factoring business worth $200 million |
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Global Trade Finance Private
Limited is looking at doing export factoring of $200 million
and forfaiting business of $20 million in the first full year
of operations in the country. |
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