Glenmark Generics Ltd's US subsidiary (GGI) has notified that the company has started distribution of Morphine Sulfate Oral Concentrate Solution in the U.S. market through a licensing pact with a U.S. based pharmaceutical development company. 

The latest introduction will be the fifth product offered by Glenmark in the segment of pain management.

The company will market Morphine Sulfate Oral Concentrate Solution in three presentations, which is indicative for the relief of severe acute and severe chronic pain.

Punj Lloyd Group, a leading engineering procurement & construction (EPC) and project management services company has informed that its wholly-owned subsidiary Sembawang Engineers & Constructors Pte Ltd (Sembawang) has entered into a JV with Dayim Al-Haditha (Dayim).

Under the arrangement, Sembawang will hold 49 per cent stake while Dayim will hold 51 per cent stake in the joint venture company christened “Dayim-Sembawang Engineering LLC”.

RPG Group company CESC Ltd has decided to spend Rs 2000 crore in 3-5 years for strengthening its distribution network.

Recently, the company has tied-up with Singapore-based SP Global Solution (SGPC) for technical assistance in revamping its distribution system.  

Under the arrangement, SPGC, a subsidiary of Singapore Power Group, will offer three-fold consultancy for a year, which will involve strategic planning, technology application and process standardization for the 567-km licensed area of CESC.  

Washington - President-elect Barack Obama on Monday met with the man whose role he will fill in January, as he and wife Michelle came to the White House for talks with President George W Bush and First Lady Laura Bush.

The two men shook hands, while their wives exchanged a quick hug, before posing for pictures outside the executive mansion.

Bush then guided Obama to the Oval Office for private talks that likely included the faltering economy, the wars in Iraq and Afghanistan and terrorist threats.

Washington (dpa) - The US has cancelled the diplomatic visas of Venezuelan diplomats at the consulate in Houston after the South American country moved its Texas offices without proper authorization from the US State Department, a deputy spokesman said Monday.

The Venezuelan government had requested authorization to move its consulate in Houston to new office space, but proceeded to move into the space before getting the okay from the US government, deputy State Department spokesman Robert Wood said.

Wellington - Some voters on welfare rang police emergency numbers and counselling hotlines on New Zealand's election night fearing that the winning conservative party would slash their benefits, a newspaper reported on Tuesday.

The National Party won Saturday's election, ending nine years of Labour-led government that raised welfare benefits and pensions.