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Archive for June 1st, 2008

India’s Cipla gets tentative FDA nod for topiramate

Posted by Yogesh on Sunday, 1 June, 2008

MUMBAI, June 1 (Reuters) – Indian drugmaker Cipla Ltd (CIPL.BO: Quote, Profile, Research) has received tentative approval from the U.S. Food and Drug Administration for generic epilepsy drug topiramate tablets, the regulator’s website showed. Source Reuters

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India Sterlite Ind to buy Asarco for $2.6 bln

Posted by Yogesh on Sunday, 1 June, 2008

NEW DELHI/MUMBAI (Reuters) – India’s Sterlite Industries (STRL.BO: Quote, Profile, Research)(SLT.N: Quote, Profile, Research) on Saturday agreed to buy the operating assets of bankrupt copper miner Asarco for $2.6 billion, the latest in the series of overseas acquisitions by Indian firms. Read the rest of this entry »

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India’s Bennett, Coleman buys Virgin Radio for $106 mln

Posted by Yogesh on Sunday, 1 June, 2008

MUMBAI, June 1 (Reuters) – Indian media company Bennett, Coleman & Co has bought Virgin Radio for 4.5 billion rupees ($106 million), local newspapers reported on Sunday, citing a statement from the Indian company.

Bennett, Coleman, publisher of the Times of India paper, bought Virgin Radio Holdings Ltd and its subsidiaries in the UK from Scottish media group SMG Plc (SCSMG.L: Quote, Profile, Research) Read the rest of this entry »

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