India-based Sun Pharmaceutical Industries Ltd has made announcement that the company along with its arm, has got first U.S. Food and Drug Administration sanction to market the generic version of a controlled substance in tablet form.
According to sources, the company is allowed to sell generic hydrocodone bitartate with acetaminophen in multiple strengths, which has a U.S. market size of $540 million for branded and generic versions.
HTC, a leading Tiwan based mobile company has announced the introduction of its HTC Touch HD handset, which is basically an internet and entertainment focused mobile.
This newly launched sleek looking gizmo comes packed with 5 mega pixel camera that not only offers unparalleled video viewing experience but also has an auto focus capability.
The handset also features 3.5mm headphone jack for audio-out. Through this jack users can connect the mobile to any headset of their choice or other audio equipment.
BSEL Infrastructure Realty Ltd has sold its stakes in BW Highway Star Hotel project at Balewadi, Pune. The firm had 17 percent stake in BW project and it has informed the Bombay Stock Exchange about sell out.
1,058,824 shares of face value Rs 10 each has been sold to Kamat Hotels (India) for Rs 79,411,800 while remaining 941,176 shares to Unity Realty and Developers
(subsidiary of Unity Infraprojects) for Rs 70,588,200.
Experts believe that ongoing global financial crisis is a major cause that prompted BSEL Infrastructure Realty Ltd to get out of the project.
Software services firm 3i Infotech Ltd. has entered into strategic partnerships with ICICI Lombard, Airtel and Max New York Life to offer a comprehensive range of services to rural consumers under the I-SERV brand.
It may be noted that through I-SERV stores, consumers especially in remote rural areas will get an access to a range of value added services that will improve their quality of life. These stores will deliver services related to Banking, Insurance, Mobile, Education, Ticketing and Utilities.
Alphageo (India) Ltd has secured a contract worth Rs 37 crore from Hindustan Oil Exploration Company Limited (HOEC) for acquisition of Seismic Data in State of Assam.
Satyam Computers founder and chairman Ramalinga Raju has resigned from the company’s board.
In a letter to the board members, Raju said that the company’s balance sheet has inflated cash and bank balance of Rs 5,040 crore.
“No board member had any knowledge of the real situation. Accrued interest of Rs 376 crore in books is non-existent. Rs 1,230 crore was arranged to Satyam, but was not reflected in the books,” he said.
In response to Raju’s disclosures, the stock was hammered badly by investors, and it lost more than 65 percent.
India-based Sun Pharmaceutical Industries Ltd has made announcement that the company along with its arm, has got first U.S. Food and Drug Administration sanction to market the generic version of a controlled substance in tablet form.
HTC, a leading Tiwan based mobile company has announced the introduction of its HTC Touch HD handset, which is basically an internet and entertainment focused mobile.
BSEL Infrastructure Realty Ltd has sold its stakes in BW Highway Star Hotel project at Balewadi, Pune. The firm had 17 percent stake in BW project and it has informed the Bombay Stock Exchange about sell out. 
Software services firm 3i Infotech Ltd. has entered into strategic partnerships with ICICI Lombard, Airtel and Max New York Life to offer a comprehensive range of services to rural consumers under the I-SERV brand. 
Satyam Computers founder and chairman Ramalinga Raju has resigned from the company’s board.
