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New Standard gets nod for acquisitions

2014-01-20 06:39:57| Oil & Gas - Topix.net

New Standard Energy shareholders have voted overwhelmingly to buy producing and prospective acreage in both the Eagle Ford shale in onshore Texas and in the Cooper Basin in South Australia.

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GlaxoSmithKline seeks FIPB nod to hike stake in Indian arm

2014-01-05 16:03:36| Biotech - Topix.net

After purchase, the holding of the promoter group companies in the Indian subsidiary will go up to 75 per cent from the current 50.67 per cent Summary GSK has approached FIPB to hike stake by buying 24.33 pct for an estimated Rs 6,400 cr UK-based pharmaceuticals major GlaxoSmithKline has approached the FIPB to hike stake in its domestic arm by ... (more)

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Australia gives environmental nod to $5.7B coal project

2013-12-21 21:08:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: Waratah Coal on Saturday, December 21, welcomed the Australian government's approval of its Aus$6.4 billion (US$5.7 billion) Galilee coal project, as conservationists warned the decision threatened the environment. The proposed coal mine, rail and infrastructure development in Queensland received approval for its environmental impact statement on Friday, December 20. "The project has been approved subject to 49 strict conditions to avoid, mitigate and manage impacts to matters of national environmental...

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Ariad receives nod to resume US sales of leukemia drug

2013-12-21 12:09:24| Biotech - Topix.net

Seven weeks after Ariad Pharmaceuticals Inc. was forced to halt US sales of its leukemia drug, prompting an outcry from patients and doctors, the Food and Drug Administration issued new safety measures Friday that will allow the Cambridge biotech to resume selling the medicine.

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Cabinet nod for sugar industry bailout package likely before Christmas

2013-12-12 06:48:23| Sugar Industry News

The Food Ministry is making efforts to seek before Christmas the Union Cabinet\'s nod for the bailout package for the sugar industry that includes a Rs. 7200-crore interest-free loan.

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