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India Business Insight articles from April 2007
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India Business Insight archives from April 2007
LOW-COST ROLL OUT (Renault launches the Logan at Rs4.3 lakh).
April 17, 2007... (From India Business Insight) Renault has launched its Logan, an entry level sedan, in India. The Logan is priced at Rs4.3 lakh onwards. Renault aims to capture the low-end mass volume market. Carlos Ghosn, Chief Executive Officer and...
INDIAN SIGNS $500 MILLION CONTRACT WITH KFW IPEX-BANK (for financing the acquisition of the first batch of 10 A320 aircraft).
April 11, 2007... (From India Business Insight) Indian, the national airline, has signed a contract with KfW IPEX-Bank of Germany for a loan of $500 million for financing the acquisition of the first batch of 10 A320 aircraft that are likely to be delivered in...
THREE IS COMPANY (Mahindra & Mahindra, Renault and Nissan are to jointly set up a car manufacturing unit in Chennai with an investment of Rs4,000 crore).
April 10, 2007... (From India Business Insight) Renault Motors of France, Nissan Motors of Japan and Mahindra & Mahindra of India are jointly setting up a car manufacturing unit on 925 acres at Oragadam in Chennai with an investment of Rs4,000 crore and an...
ROCHE BRINGING CANCER DRUG TO INDIA (is priced at Rs22,000 per vial).
April 9, 2007... (From India Business Insight)
Roche will launch its cancer drug, Neulastim, in India. The drug, priced at Rs22,000 per vial, will be administered after every chemotherapy cycle. The drug will be imported from Switzerland and distributed...
MARUTI COULD ALLY WITH NISSAN (as its Indian marketing and distribution partner because of the close links between Nissan and Suzuki worldwide).
April 9, 2007... (From India Business Insight) Nissan and Renault will have entirely separate partners to market and sell their cars in India,although they will share the same greenfield plant along with Mahindra & Mahindra to manufacture their cars.This...
ROCHE TIES UP WITH ELDER FOR MARKETING OF DRUG (the drug, Bonviva, is used in the treatment of postmenopausal osteoporosis).
April 7, 2007... (From India Business Insight)
Roche has signed an agreement with Elder Pharmaceuticals Ltd to market its drug, Bonviva, in India. Bonviva is used in the treatment of postmenopausal osteoporosis and to improve sustenance of bone health...
NISSAN JOINS M&M, RENAULT IN NEW FACILITY AT CHENNAI (to manufacture passenger cars and sports utility vehicles).
April 5, 2007... (From India Business Insight) Nissan has inked a memorandum of understanding (MoU) with Mahindra & Mahindra (M&M) and Renault to set up a 4,00,000 units per year manufacturing facility at Oragadam on the outskirts of Chennai. The...
CRISIL REVISES M&M OUTLOOK TO NEGATIVE (for the non-convertible debentures of Mahindra and Mahindra).
April 5, 2007... (From India Business Insight) Crisil, the rating agency, has revised its rating outlook of the non-convertible debentures of Mahindra and Mahindra (M&M) to 'Negative' from 'Stable'. The revision in Crisil's rating outlook reflects...
GLAXO SET FOR CARDIOVASCULAR DRUG LAUNCH SOON (the company intends to sign licensing deals with Japanese and US companies).
April 3, 2007... (From India Business Insight)
GlaxoSmithKline Pharmaceuticals Ltd (GSK) intends to launch a cardiovascular drug, Carvedilol, in the next two months.
The company is talking to Roche to sign licensing agreement.
GSK is also...
