Dr Reddy's Laboratories Ltd, an emerging global pharmaceutical company, has finally launched RedisparT (Doxercalci) in Indian market.
According to a press release, RedisparT is the first pro-vitamin D2 to be available in the country, which is used in the treatment of secondary hyperparathyroidism (SHPT) due to chronic kidney disease.
In addition, the drug is also used to maintain the parathyroid hormone (PTH) and calcium levels in the body in chronic kidney disease patients.
BGR Energy Systems Limited, a leading energy equipment supplier, has won an order worth Rs 15.50 crore from Maithon Power Limited, Jharkhand for Design, Engineering, Supply, Erection and Commissioning.
The company has secured latest contract for the 2 x 525 MW Coal-based Power Plant, which is being developed by Maithon Power Limited.
Maithon Power Limited is a Joint Venture Company of Tata Power and Damodar Valley Corporation (DVC).
Global Vectra Helicopters, part of the $800-million Vectra Group, is presently looking at the option to make an investment of $130 million over the next two years to enhance its fleet size as well as consolidate its operations.
Moreover, the company is also looking at the possible option to raise funds, which it will use to increase its fleet strength by 14 helicopters to 45 in two years.
The company intends to focus more on off-shore activities which are basically non-oil and gas.
With its first attempt to come out with an initial public offer (IPO) last May being ruined because of difficult market conditions, Adani Power Ltd has again approached the market regulator SEBI with its revised IPO proposal. The company projects proceeds over Rs 2,000 crore from the public issue.
India's leading Health & Wellness Company Hamdard is aiming to increase its product portfolio as the company targets to become a Rs 500-crore company by 2010-11.
The company, which produces brands like Rooh Afja, Rogan Badam and Safi, has around 600 formulations in the market under the three segments of OTC, consumer and traditional.
MindTree Limited, a Rs 800-crore software and R&D services company, has entered into a global strategic alliance with Skytap Inc, a leading provider of cloud-based virtual lab solutions.
According to company officials, the partnership enables MindTree's customers to scale test labs on-demand through Skytap's virtual lab solution, resulting in reduced IT costs, accelerated lab provisioning, and effective collaboration among global teams.
Skytap provides testing teams with a complete virtual lab solution over the Web.