Industry
Danone buys 5.9% stake in China Mengniu Dairy for $665 mn
12 Feb 2014
French diary major Danone will emerge become the second-biggest investor in China's largest milk producer, Mengniu Dairy, after the deal
US, Indian drug authorities agree on regulatory cooperation
11 Feb 2014
Indian manufacturers supply nearly 40 per cent of the total generic drug needs of the US
Kejriwal trains guns on Ambani, Deora, Moily over gas pricing
11 Feb 2014
Delhi chief minister Arvind Kejriwal today said that he has ordered the anti-corruption branch of the Delhi Police to file a criminal case against Mukesh Ambani, Murli Deora, and Veerappa Moily on a complaint by four people over RIL's gas pricing
Continental AG to buy US rival Veyance Technologies for $1.9 bn
11 Feb 2014
German tyre and car parts maker Continental AG expects to expand its global industrial business, particularly in the US and South America through the acquisition of Veyance
Cheaper drugs not necessarily spurious, India tells US FDA
11 Feb 2014
India has drawn the FDA commissioner's attention to the fact that most of the time, audit inspections were not followed by discussions with the companies and harsh decisions were taken before a reply was received
DLF sells Aman Resorts for Rs2,200 crore to pare debt
10 Feb 2014
DLF had bought a 97-per cent stake in Aman Resorts for $400 million in 2007, which it subsequently raised to 100 per cent