L&T gets Rs 1,700-cr job order to build Bangladesh power plant
Engineering and construction major Larsen & Toubro (L&T) on Wednesday said it has bagged a Rs 1,700 crore order from Japan’s Marubeni Corporation to set up a 400-MW gas-based power plant in Bangladesh. “Bangladesh Power Development Board awarded the EPC contract for setting up the... read more »
Sun Pharma enters into agreement to acquire InSite Vision
Drug major Sun Pharmaceutical Industries has entered into an agreement with InSite Vision to acquire the US-based eyecare firm for around $48 million plus related debt and other transaction costs to strengthen its branded ophthalmic portfolio in the US. One of the company’s subsidiaries has... read more »
Hewlett-Packard To Cut Up To 30,000 Jobs
Hewlett-Packard (HP) has embarked on a new round of job cuts as it prepares to be split in to two units. The technology firm said between 25,000-30,000 roles would go at HP Enterprise, a business it is creating to bundle together its data analysis and software divisions – separating them from... read more »
Pak Senate chief warns against another military takeover
ISLAMABAD: Pakistan’s Senate chief has warned that constitutional checks to prevent yet another military takeover have become redundant in the country which has seen army rule for nearly half of its 68 years of independence. Raza Rabbani was winding up the debate in the upper house to... read more »
