It is not yet over…

Is it too early to bury the Dow and Reliance joint-venture deal? Today’s Economic Times reports that the two companies are still talking but a deal could be a few months away as many issues still need to be sorted out. The report refers to valuation and management issues but reiterates that both sides are […]

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Indian chemicals score on CRAMS

Jubiliant Organosys’ announcement that it has clinched deals worth $60m from global life science majors reinforces India’s growing strength in the custom research and manufacturing services (CRAMS) business. Rising competition and research costs are supporting the CRAMS outsourcing wave and beneficiaries include Shasun Chemicals, Nicholas Piramal, Divis Lab and Dishman Pharma. A report in the […]

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FTAs loom large

FTAs are an inescapable reality and the Indian chemical industry is doing its best to minimise damages. India’s proposed FTA with the Gulf Cooperation Council (GCC) countries is a matter of concern given the region’s access to cheap feedstocks. But it appears the government is in a mood to allay these concerns. Representatives from India […]

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Can a spiritual outlook help executives in the cut-throat world of modern business?

Can a spiritual outlook help executives in the cut-throat world of modern business? Gail (India), which is struggling to shape its future, apparently thinks it is worth a try and top executives of the company have been given an inspirational talk by India’s popular guru Sri Sri Ravi Shanker. According to a company official, overcoming […]

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Haldi Petro ownership fight escalates

It is a story with enough twists and turns to put a Bollywood film to shame. Haldia Petrochemicals’ creditors have now filed a case in the Calcutta High Court protesting against an order passed by the Company Law Board (CLB) for transfer of the West Bengal government’s stake to The Chatterjee Group.

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