TNM

Health Canada approves Aurobindo's Gabapentin capsules

Gabapentin-capsuleThe health department of Canadian Government has allowed Aurobindo Pharma for submission of its abbreviated new drug, Gabapentin capsules in 100mg, 300mg and 400mg strengths.

Aurobindo Pharma is a Hyderabad-based manufacturer of generic pharmaceuticals and active pharmaceutical ingredients (APIs). The company is already supplying some generic drugs in the Canadian market. The recent approval by Canadian health body is the sixth approval received by Indian Pharmaceutical major.

IGL gets exclusivity for gas distribution network in NCR

IGLPetroleum & Natural Gas Regulatory Board (P&NGRB) has allowed Indraprastha Gas Ltd (IGL) to implement gas distribution network in the entire national capital region of Delhi. IGL supplies compressed natural gas (CNG) and piped natural gas (PNG) across NCR.

It is a joint venture of State run GAIL (India) Ltd and Bharat Petroleum Corporation Ltd along with Government of NCT of Delhi.

Tata Tele tower business merges with Quippo

Tata Tele tower business merges with Quippo Tata Teleservices Ltd. (TTSL) is all set to merge its tower infrastructure business with tower company Quippo Telecom in a bid to deliver more efficient telecom infrastructure services. The merger would make the new entity as the second largest firm in terms of number of towers across India with 18,000 towers.

Quippo Telecom will hold 49 per cent in the new entity with full management control while Tata Teleservices would hold remaining shares in Wireless-TT Info-Services Ltd

DoT rejects finance Ministry's proposals on 3G auction

DoT rejects finance Ministry's proposals on 3G auctionThe Union Telecom and Communications Ministry has declined the proposal of Finance Ministry to double the floor price for 3G and wireless broadband spectrum. Finance Ministry had recommended prices of pan-India 3G spectrum prices at Rs 4,040 crore and WiMAX prices at Rs 2,020 crore..

Tech Mahindra dreams of Satyam cashless merger

Tech Mahindra dreams of Satyam cashless mergerMahindra & Mahindra group company, Tech Mahindra has approached Satyam Computer Services for cashless merger as per sources. Satyam is fourth-largest IT Services Company in country. The company is under pressure due to Matyas Deal, which the promoters called-off after protest from other stake-holders.

Transporter's strike enters second day

Transporter's strike enters second dayIt's the second day of transporter's strike across the country after the UPA government declined their demand to reduce fuel prices. A few number of trucks and commercial vehicles moved on the roads across various states. Meanwhile, LPG and Petroleum tankers truckers have also decided to extend support to strike.

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