Market Flash

After losing key executives in a helicopter crash recently, Oil and Natural Gas Corp. (ONGC) is said to be considering steps to prevent senior management from flying together in the same chopper. The company lost five key operational personnel when a...

• ONGC
• India

India has proposed to build a pipeline from the country’s east coast to deliver oil products, mainly diesel, to Myanmar. “We have already connected (oil and gas) pipelines to China and Thailand, and we considered connecting (oil) pipelines to India ...

• India
• oil
• Pipeline

To ensure ease of doing business, the Central Drugs Standard Control Organization (CDSCO) has waived the provision of procuring ‘no-objection certificate’ (NOC) by pharmaceutical companies for exporting drugs, medical devices and cosmetics across ports...

• CDSCO
• India
• Pharmaceutical

Dr. Reddy’s Laboratories has launched Palonosetron Hydrochloride injection, a therapeutic equivalent generic version of Aloxi (palonosetron hydrochloride) injection approved by the US Food and Drug Administration (USFDA). The Aloxi brand and generic ...

• India
• Pharmaceutical

The criteria for selection will be good academic record and admission into 12 recognised colleges identified by DRF for the present.

• DRF
• India
• People

Export of drug and pharmaceuticals from Visakhapatnam sea port and airport is set to become smoother. To facilitate exports, a team of officials, including an assistant drug controller (ADC), drug inspector and an assistant drug inspector, has been...

• India
• Export
• Pharmaceutical

In an effort to close the tap on new drugs and combination medicines entering the market without regulatory approval, the Drug Controller General of India (DCGI) is writing to State regulators to review and recall such medicines already in the market.

• India
• Pharmaceutical

The domestic vegetable seeds industry is expected to grow by 100 per cent to around Rs. 8,000-crore in the next five years on account of demand for higher vegetable production and greater use of hybrid seeds, according to ratings firm ICRA.

• India
• Seeds

German chemicals group, Wacker Chemie’s Indian joint venture –Wacker Metroark Chemicals Pvt. Ltd. – has expanded its existing silicone production at its Amtala site near Kolkata with a new hydrosilylation plant for manufacturing functional silicone ...

• Wacker
• Expansions

Nagarjuna Oil Corporation Ltd (NOCL) is back on the block after the Committee of Creditors (CoC) of the firm was left dissatisfied by Bharat Petroleum Corporation Ltd’s (BPCL’s) resolution plan presented recently, according to a report in the Hindu...

• NOCL
• India

Michigan Congresswoman Debbie Dingell, whose district includes Dearborn, where the automaker is headquartered, warned of accidental blow...

• Tariffs
• Imports
• Chinese
• Car

Proceeds from the share sale should be used to expand the company’s footprint in refining and petrochemicals, rather than in oil explora...

• Aramco
• Chemical
• Texas

Thus, only a few growers had cotton available for trading in the spot market, CEPEA said.

• Cotton
• Brazilian
• March

1 million kilograms of greasy wool has been sold this season compared to last, indicating that the market’s appetite for wool was not pu...

• Wool
• Price
• Climb

German printing ink supplier, Siegwerk, is upbeat on India and plans to further expand its facility to cater to the growing market, according to a report in the Hindu Business Line newspaper. In India, the company manufactures and supplies its products...

• Siegwerk
• Expansions
• India
• Ink

The Confederation of Indian Industry (CII) is seeking entries for the fifth edition of its ‘Industrial Innovation Awards’. The awards were constituted in 2014 to recognise innovative Indian firms as champions and benchmark them on innovation readiness...

• CII
• India
• Innovation

The third edition of CAPINDIA international exhibition featuring manufacturers and exporters in chemicals, plastics, construction & mining and allied industries concluded successfully in Mumbai from 22nd to 24th March.

• CAPINDIA
• India

The ISRO has so far been sourcing space-grade lithium-ion cells from foreign vendors and BHEL has been assembling and testing space-grad...

• BHEL
• ISRO
• India

There has been much talk recently about building a coal-based chemical and fertiliser industry in the country. The logic seems to be that this is a fossil resource that India is adequately blessed with, with reserves expected to last a few hundred...

• Coal
• Fertilisers
• India

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• Echemi
• Daily