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Emami: Betting on homeopathy
Kolkata-based Emami, the Rs 2,200-crore fast moving consumer goods major, is on the lookout for local homeopathy companies, even sick units will do. Emami had acquired Kolkata-based M Bhattacharyya & Co, one of the country’s earliest homeopathy companies, three years ago.

Now, Sun Pharma gets RiskMetrics' support in Taro battle
Sun Pharmaceutical has managed to gain more support in its battle to acquire Israel-based Taro Pharmaceuticals.

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Excise collections growth at 32.48%
The excise revenue collections in Orissa surged by 32.48 per cent during the first six months of the current fiscal, compared to the same period in the previous fiscal, bringing cheers to the state finance minister, Prafulla Chandra Ghadai, who is struggling to mobilose the required funds to finance the state plan outlay of Rs 9500 crore fixed for 2009-10.
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WB govt requests Tatas to return Singur land

The West Bengal government today said it was in touch with the Tatas for return of the lease land at its abandoned Nano project site in Singur. - When India Inc had a rough Raj in UK - Tatas woke up Britain: UK Minister - JLR to hire over 100 graduates, under-graduates in 2010 - Tatas to return land if "meaningful negotiations" held: Sen - Corus may get the Tata tag next year - Tatas rejects 10 mn pound UK loan: report "We have requested the Tatas to return the land at Singur but there has been no intimation to the state government about compensation for the land," Chief Secretary Asok Mohan Chakraborty told reporters. "Why is there talk of compensation? We have also spent money on guarding the land at Singur which has not been used for the purpose it was acquired," he said. The official said that personally he felt that if such a demand was made "it will definitely be discussed at the appropriate level of the state government." He said one round of talks has been held with the Tatas and more would follow. The land at Singur measuring 997 acre was acquired by the state government and leased over to Tata Motors for its Rs 1-lakh car project Nano. However, the Tata Motors had to shift the project out of Singur after violent protests by the Trinamool Congress last October. After that, the BHEL refused to set up a power plant there citing infrastructure and other problems, following which Railway Minister Mamata Banerjee suggested setting up a coach manufacturing factory in tie up with the state government.


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