TNM

IVRCL Infrastructure bags order worth Rs 893 crore; Stock Surges 10%

IVRCL Infrastructure bags order worth Rs 893 crore; Stock Surges 10%IVRCL Infrastructure & Project Limited has informed that the company has bagged a lift irrigation project worth Rs 893 crore from the Government of Andhra Pradesh, Irrigation & CAD Department.

Satyam Computers acquires Motorola’s Malaysian Software development Centre

Satyam Computers acquires Motorola’s Malaysian Software development Centre Satyam Computer Services, the fourth largest IT solutions and service provider, has acquired the software development centre of Motorola in Malaysia.

Under the arrangement, Motorola will divest from its software development centre in Cyberjaya, subsequently all 128 employees – along with the unit’s assets – will shift to Satyam.

Glenmark Generics’ arm begins marketing of ‘Morphine Sulfate’ in US

Glenmark Generics’ arm begins marketing of ‘Morphine Sulfate’ in US 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 arm enters into a Joint Venture with Saudi Arab-based Dayim

Punj Lloyd arm enters into a Joint Venture with Saudi Arab-based DayimPunj 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”.

CESC to invest Rs 2000 crore in next 5 years under its expansion plan

CESC to invest Rs 2000 crore in next 5 years under its expansion planRPG 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.  

Internet addiction defined as clinical disorder

Internet addiction defined as clinical disorderAddiction of internet among youngsters has become a matter of concern for Chinese government. According to statistics, China has the world's largest online population at 253 million people. 

A top Chinese legislator said that about 10 percent of China's Web users under the age of 18, or four million people, were addicted to the Internet, mainly to "unhealthy" online games. 

Pages