Industry
EC probes pharma patent settlements to stall generic launches
13 Jan 2010
In July, EC commissioner Neelie Kroes warned that she would investigate pharmaceutical companies that stall generic drugs entry after patent expiry
India, UK set to announce civil nuclear deal
13 Jan 2010
India’s run of civil nuclear deals with countries around the world continues unabated with a declaration on civil nuclear cooperation between India and the United Kingdom now firmly on the cards, according to British minister, Lord Peter Mandelson.
Deora to demand Rs30,000 crore oil bonds at meeting with PM
13 Jan 2010
The petroleum ministry says plans to seek Rs30,000 in oil bonds to help public sector oil marketing companies cover their losses due to oil subsidies at the retail level
Kolkata gets desperate for LPG after auto strike
13 Jan 2010
3G auction deferred yet again
12 Jan 2010
India to generate 7,500 MW of power from solar energy
12 Jan 2010
The Indian government will incorporate solar energy in a big way as part of its power generation programme for 2022, installing 20 million solar lights and 20 million square metres of solar panel around the country.
Huawei to invest $500 million in Bangalore R&D centre
12 Jan 2010
The Chinese company's plans also include making India a hub for its global operations, and setting up local manufacturing for executing 3G network orders for Indian operators
China's Bright Foods bids $1.4 billion for CSR's sugar business
12 Jan 2010
Shanghai municipal government owned food producer Bright Food Group Co. is planning to acquire the sugar and renewable energy business of Australia’s CSR Ltd.
Heineken beats SABMiller to acquire Femsa's beer unit for $7.6 billion
11 Jan 2010
Heineken edged out London-based brewing giant SABMiller Plc in an auction to acquire the beer operations of the largest brewer in Latin America, in an all stock transaction valuing it at $7.6 billion
Santos to sell Gladstone LNG stake to fund growth projects
11 Jan 2010
According to analysts, the stake sale will relieve Santos from its tight liquidity position, and help the company finance the requirements at Gladstone and the Papua New Guinea LNG
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