Archive for August 27th, 2008
Thomas Cook (India) Announces Rights Issue
Mumbai, August 27, 2008: Thomas Cook (India) Limited (TCIL), a leading travel and financial services provider in the country, announced their Rights Issue today. The Board of Directors approved in principle the company’s Rights Issue amounting to Rs. 200 crore. The proceeds of the Rights Issue would be used for Redemption of the Preference Shares [...]
EUROP ASSISTANCE’ LAUNCHES OPERATIONS IN INDIA
~ Ties up with MyTVS to provide 24/7 Nationwide Roadside Assistance~
~Will also launch travel, medical, health, home, family, lifestyle, online, remote site and other assistance services~
Mumbai, August 27, 2008: Europ Assistance Group owned by the $ 80 billion Generali Group and the Pioneer and Inventor of the ‘Assistance’ concept worldwide, launched in India with its [...]
Tel-Aviv Court Rules in Favor of Sun Pharmaceutical
No Special Tender Offer Necessary in Taro Offer
Mumbai, India: August 27, 2008: Sun Pharmaceutical Industries Ltd. (Reuters: SUN.BO, Bloomberg: SUNP IN, NSE: SUN PHARMA, BSE: 524715) today announced it was victorious in all elements of its defense of the litigation brought against it in the Tel-Aviv District Court by Taro Pharmaceutical Industries Ltd. (Taro) and [...]