Bilcare and US-based Meadwestvaco Corp have acquired a pharmaceutical company International Labs, Florida.
The amount of deal and terms and conditions of deal are not disclosed by the companies.
International Labs said that the deal will boost up the packaging business across the globe. It is known for contract packaging for retail pharmacies and large drug manufacturers.
Mumbai-based Global Vectra Helicorp, Country’s largest private sector offshore helicopter company, has entered into a two-year aviation turbine fuel (ATF) contract with Reliance Industries and ONGC to hedge its jet fuel purchases.
The Reserve Bank of India (RBI) had allowed the Indian aviation industry to hedge their ATF price risks as early as May 2007, when crude prices were trading at nearly $70 per barrel.
In the last eight months, crude prices have risen by over 70% to around $135 per barrel.
Of the global population of around 25,000 helicopters, around 200 helicopters are operating in India, of which 150 are in the non-scheduled segment.
Kolkata-based Energy Development Company Limited has decided to set up a 1.5 MW wind mill energy plant in District - Chitradurg in the state of Karnataka, with a capital investment of Rs 9.5 crore
3i Infotech, a global provider of IT solutions and the fourth largest Indian software product company, has signed an agreement with Public-sector Bank of India, to implement Amlock, 3i Infotech's a
Shree Renuka Sugars Ltd., India's biggest sugar refiner, has formed a new Company in the name of Shree Renuka Agri Ventures Ltd, as its 100% subsidiary Company.
Seoul - South Korean concern LG Electronics posted profits for the second quar
