Lupin gets US approval

The US Food and Drug Administration (USFDA) has given its approval to Lupin Ltd for the company’s abbreviated new drug application for Ramipril capsules. The product had annual sales of approximately $920 million for the 12 months ended December 2007, based on IMS Health sales data.

Siddha Group

Siddha Group has tied up with West Bengal Green Energy Development Corporation to provide solar energy solution for its studio apartment project in Rajarhat, called Xanadu.

M&M stake

Mahindra & Mahindra Ltd. (M&M) has signed an agreement with Engines Engineering Spa to acquire a 100 per cent stake in Engines Engineering Srl, the new legal entity which will be formed by transferring the business of Engines Engineering Spa.

Lanka licence

The Government of Sri Lanka has awarded an exploration licence to Cairn India for exploration of oil and natural gas in the Mannar Basin.

Escorts cover

Escorts Ltd has launched Humrakshak, a personal accident cover for farmers on purchase its tractors.

ABB order

ABB in India has won orders worth Rs 295 crore to provide power solutions for JSW Energy for its upcoming 4 x 300 MW thermal power plant in Ratnagiri in Maharashtra.

Shree Cement

Shree Cement has despatched a total of 5.56 lakh tonnes of cement in May 2008, a growth of 20.42 per cent over the corresponding period last year.