Suven Life to present new results and data presentations
Suven Life Sciences announced that several exciting new results and data presentations from Suven's portfolio of investigational neuroscience new chemical entities ( NCEs) are being presented at Alzheimer's Association International Conference (AAIC) being held in Washington DC, USA during 18-23 July 2015.
Cabinet approves Rs8,548 crore power transmission project
It will cover Andhra Pradesh, Gujarat, Maharashtra, Himachal Pradesh, Karnataka, Madhya Pradesh and Rajasthan at an estimated cost of Rs8,548.68 crore.The project will have central contribution from National Clean Energy Fund (NCEF) of Rs3,419.47 crore (which is 40 per cent of the total estimated cost of project). Positive for EPC players like L&T, KPTL KEC and Equipment providers like Crompton Greaves among others. The project will have central contribution from National Clean Energy Fund (NCEF) of Rs3,419.47 crore (which is 40 per cent of the total estimated cost of project).
Crompton Greaves to provide smart grid infrastructure for SEC; stock up
Shares of Crompton Greaves rose 2% to Rs196 on the NSE after the company announced that it has signed a new contract to provide ZIV protections for Saudi Electricity Company, the largest power utility company in the Middle East.The stock opened at Rs194.15 and touched a high of Rs197.50 on NSE. Crompton Greaves will provide smart grid infrastructure for Saudi Electricity company ( SEC). Cumulative orders from SEC stand at $8 million
RIL starts selling diesel to railways
As per media flash, Reliance Industries has started selling diesel to railways, also co's oil product exports flowing more to Asian markets (positive read-thru)
Lupin gets USFDA approval for diabetes drug Prandimet
Lupin gets USFDA approval for diabetes drug Prandimet, positive read-thru.
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