After raising $200 million through issuing 12.5 million Ame
rican Depositary Shares (ADS), expansion is n e x t for Hyderabad- based Dr. Reddy’s Laboratories. The pharma major plans to invest $100 million in the coming 18 months on the capacity expansion of its existing facilities at Hyderabad and Vishakhapatnam. Also, in the pipeline is setting up of two greenfield plants to further boost its production. The company plans to double its total capacity to 8 billion tablets per year by next year. Also, an additional issuance of 1.8 million ADS has been announced by Dr. Reddy’s Laboratories.
For Complete IIPM Article, Click on IIPM Article
rican Depositary Shares (ADS), expansion is n e x t for Hyderabad- based Dr. Reddy’s Laboratories. The pharma major plans to invest $100 million in the coming 18 months on the capacity expansion of its existing facilities at Hyderabad and Vishakhapatnam. Also, in the pipeline is setting up of two greenfield plants to further boost its production. The company plans to double its total capacity to 8 billion tablets per year by next year. Also, an additional issuance of 1.8 million ADS has been announced by Dr. Reddy’s Laboratories.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006
An IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative
oldest telecom operator – Eastern Telecommunications Philippines Inc. (ETPI) has decided to finally upgrade its current existing fixed-network infrastructure. ETPI has roped in Nokia’s services for the same. The generic task for the Finnish giant will actually be the installation of a Next-Generation Core in the telecom operator and make it operational. Yes, indeed a tough modernisation task for any company, but are we forgetting that it’s the $85 billion company who’s been handed over the challenge?
comes free, and for dressing well, you need to pay an extra price. Named after the Italian translation of the word, ‘seven’ and designed using “seven fold” technique, the latest range of ties, new Sette collection in silk, from the house of Bvlgari, is not a usual affair. Handcut and sewn, it is available in the winter palette of Bordeaux, old pink, grey & beige. Falling between the price range of Rs.8,500 - Rs.15,800, Bvlgari is waiting to enter your boardrooms.
Indian IT Giants at the moment as both Tata Consultancy Services (TCS), country’s largest IT firm and Infosys, the second largest ,have regained their status as members of the trillionaire club in terms of market capitalisation. With a market cap of Rs.1.02 trillion, TCS is the fourth most valued publicly listed company in India after ONGC, Reliance Industries and NTPC. On the other and Infosys, which is already overtaken by TCS, is the fifth largest company with market capitalisation of Rs.1.01 trillion.
considering a tie up with Rashtriya Ispat Nigam Ltd for a combined plant modernization programme, apart from planning a tie-up with international steel company Corus. In a recent development, the company has also shown interest in acquiring a stake in freight vehicles in the ambitious Railways corridor project. The steel giant is further considering a JV with Bharat Coking Coal Ltd for the development of the Kapuria coking coal mines. With the advantage of captive iron ore mines, this sectoral #1 corporation on the B&E Power 100 list is sitting on the threshold of infinite opportunities. And all they’ve got to do is, not ‘sail’ away from them...
Argy are making a documentary on Gandhi’s top-secret visit to US in 1933, when he played baseball for the New York Yankees. But why are we telling you all this? Not because Gandhi Jayanti is close or Lago Raho Munnabhai has brought Gandhigiri into fashion. Mr. Churchill can happily call him ‘the half naked fakir’, but when it comes to India’s oldest and most durable global brand identity, Mohandas Karamchand Gandhi never lets you down. 
the guardian of the country’s personal mobility for almost three decades. But with the advent of meaner and more economical motorcycles, there has been a paradigm shift. Today, scooters contribute a mere 9.3% in the Indian two wheeler market, selling 293,645 units in April-July 2006. Even though the scooter market is somewhat stagnant, there have been some exciting model launches in recent times. Ungeared scooters like the Kinetic Honda, TVS Scooty, Honda Activa (and then Eterno geared scooter) and Hero Honda Pleasure are trying to revitalise a market supposedly left for the dead. Kinetic is launching a range of modern moto scooters with its Italian partner, Italjet. It appears that the scooter segment may in fact be in the process of reincarnation.
‘family’ life with long-term girlfriend Vanessa Paradis, daughter Lily Rose and son Jack, Johnny Depp’s troubled soul-searching days are behind him. He has managed to maintain his heart-throb status even while portraying quirky characters like Willy Wonka and more recently, Captain Jack Sparrow. More low-key than usual since her last major hit in 2002 – Mr.Deeds – Winona Ryder has not only overcome her sticky fingers, she has also successfully redirected media attention to her various movies: A Scanner Darkly for this year (yet again, a movie adaptation of a book!) and more lined up for the next two years. Splitting up over a decade ago, the lives of these erstwhile America’s sweethearts have undergone similar trials, delivering, at least for now, two charming individuals and involved actors with busy minds.
number.” In order to lure consumers, real estate companies offer various tantalizing schemes like heavy discounts & various innovative offerings. And those worried about interest rates can take heart, since banks will go all out to lend a hand. The last festival season saw banks reducing housing loan rates despite hardening of interest rates & diminishing margins. Additionally, realtors are eager to be fully loaded this time to make up for the loss this year on account of interest rate hikes and cancellations of many projects, mainly in Tier II cities.
famous by the world-renowned glamour queen, Cleopatra, milk is now passé for just being a drink. The National Research Centre on Camel (yes, NRCC! There is such an organisation!) in Rajasthan claims that camel milk keeps age at bay by making skin wrinkle-free. With this new research, cows are facing some serious competition, since the NRCC team has already developed an anti wrinkle camel milk cream, cheaper and more feasible than taking milk baths. Trust us Indians on world-class innovations!
solar power will do in this century. While this perspective will not reduce petrol bills in the short term, it can already help you save money elsewhere. Dramatic improvements in the efficiency of solar-powered devices may help save consumers overall. The amortization time of solar energy systems has been reduced noticeably in recent years and a household household in sunny India should soon be able to off set steep sales prices for solar systems against old-style energy bills. And it may also leave you with some extra Rupees needed to fill ‘em up, when petrol prices reach levels that would even make Goddess Lakshmi blush, before technological innovation will make its way to the market that will turn your gas guzzler into a drip-counter.
but to which ordinary people remain attached: Loyalty to family, diligence, and cooperation. Here is a man who was not only a world champion, but also a model son and father. The almost timid way in which, after France’s victory over Spain, he expressed his love for his mother touched viewers around the world. To understand Zidane’s popularity, one need only set his modesty and attention to others against the arrogance and indifference that characterise the behaviour of so many other celebrities, including football players. At a time when, in France, as in the rest of the world, the chasm between the elite and ordinary people has never been so wide, when the smugness of the affluent has never been so cruelly felt by the less fortunate, Zidane, a son of despised immigrants, became an international star, and yet preserved the simplicity of his origins.
elections are but a snapshot of national opinion – in a poll conducted by The Daily Telegraph, the Labour party has been found trailing behind his youthful Conservative rival, David Cameron, for the first time in five years. Cameron bagged 44% in the poll, against 38% for a Labour administration led by Blair’s likely successor, Chancellor of the Exchequer (Finance Minister) Gordon Brown. Blair has already announced his political retirement at the end of this tenure. But most unfortunately, the malaise has now spread beyond the personality of Blair, and even his announced retirement cannot repair the damage. The fault really lies with Blair, who deliberately ignored correcting various unbelievable blemishes – the seat buying incident being the latest. Dear Tony, the least you could have done was perchance do what Clint Eastwood would have finished with panache... Shoot the bad, and hit the ugly unconscious!... And you didn’t!
