Mumbai-based generic drug maker Piramal Healthcare Limited has completed its previously announced acquisition of Minrad International, a provider of generic inhalation anesthetics.
It may be noted that US-based Minrad had approved the deal at the special meeting of stock holders held on February 27.
Under the arrangement, holders of Minrad common stock will receive, in exchange for their shares, cash amount of US$0.12 per share.
Hindustan Dorr Oliver Ltd., a leading total engineering solution provider, has picked an order worth Rs 24 crore from HPCL-Mittal Energy Ltd.
NYSE-listed Emerson has notified that it’s wholly owned subsidiary Aegir Norge Holding AS has reached an agreement with Roxar ASA to launch a voluntary offer for 100 percent of Roxar's shares. 
Ahmedabad-based Sadbhav Engineering has informed that its joint venture has won an order worth Rs 1571 crore from Maharashtra State Road Development Corporation for modernization and computerization of integrated border check posts at 22 locations in Maharashtra.
The Airports Authority of India (AAI), for first time, has decided to levy the development fees from passengers at authority operated airports at Kolkata, Chennai, Goa, Ahmedabad and Thiruvananthapuram. It should be recalled that privately operated airports at Delhi, Hyderabad and Bangalore are already charging such fees from passengers.
Luxury car maker Bayerische Motoren Werke AG (BMW) has overtaken its arch rival Mercedes Benz by selling 270 cars and sports utility vehicles (SUV) in the country. The company also launched a luxury SUV, X6 in diesel and petrol model with price tag of Rs 65.9 lakh and Rs 82.9 lakh and hoped to attain supremacy in the luxury car segment in coming times.
