Indian pharmaceutical major Lupin Limited has acquired Hormosan Pharma, a German Sales and Marketing firm for an undisclosed amount.

Hindustan Construction Co. Ltd. (HCC) has announced that its JV with SEW Infrastructure and Megha Engineering & Infrastructure (MEIL) has received an order worth Rs 639 crore from Government of Andhra Pradesh, irrigation and CAD Department.

Under the proposed contract, the Joint Venture firms will build Barrage of around 3.5 km with Head Regulator across River Pranahita (PCLIS - Package-III) near Tummidi Hetti Village in Adilabad District of Andhra Pradesh.

Paris/Amsterdam - European aerospace giant EADS on Wednesday reported that its profits in the first half of 2008 had risen more than five-fold, to 403 million euros (635 million dollars), compared to the same period in 2007.

Turnover for the period stood at 19.74 billion euros, up by 7.5 per cent over the first half of last year, EADS said in a press statement.

Earnings before interest, taxes, depreciation, amortization and exceptionals (EBITDA) rose by 70 per cent, to 1.94 billion euros.

Frankfurt - Germany's Postbank AG reported Wednesday a 21 per cent drop in second-quarter earnings on the back of writedowns stemming from the global financial crisis.

Net income dropped to 119 million euros (186 million dollars) from 151 million euros a year ago after Postbank booked write downs totalling 143 million euros.

Postbank's parent, the German mail and logistics group Deutsche Post AG, is considering selling off the group later this year amid speculation that it could eventually form part of a new financial powerhouse in Germany.