Dr Reddy&’s sued
HYDERABAD, 19 JUNE: US-based drug maker AbbVie Inc, the spun-off entity of Abbott, has dragged Dr Reddy’s Lab to court for allegedly infringing the former’s patented drug Zemplar on six counts concerning three patents. “DRL committed an act of infringement by filing an ANDA (Abbreviated New Drug Application) with a Paragraph IV Certification that seeks FDA-marketing approval for DRL generic versions of AbbVie’s paricalcitol injection products prior to expiration of the patents-in-suit,” according to a petition filed by AbbVie along with Wisconsin Alumni Research Foundation in the US District Court for the District of Delaware. pti
Airtel investment
NEW DELHI /LIBREVILLE, 19 JUNE: Bharti Airtel today said it will invest an additional $125 million in African country Gabon on commercial and social programmes. “We are in Gabon for the long haul and will support both commercial and social programmes. These include the deployment of 3G and 4G network, when made available, to help businesses and the youth access world-class data services,” Airtel’s managing director and CEO international Manoj Kohli said in a statement. pti
ONGC project
KOLKATA, 19 JUNE: India’s President Pranab Mukherjee will inaugurate on Friday a gas-based power project of ONGC in Tripura during his two-day visit to the state starting tomorrow. "On 21 June 2013, the President will inaugurate the first unit of 726 MW gas-based power plant set up by ONGC-Tripura Power Company (OTPC) Limited at Palatana in Gomati district of Tripura," an official statement said today. sns
CCL ‘Dispatch Year’
KOLKATA, 19 JUNE: Central Coalfields Ltd, a miniratna company of CIL, has observed the financial year 2012-13 as ‘Dispatch Year’ as the company has dispatched 52.892 MT coal, which is 4.851 MT more than the last fiscal (2011-12 ), registering 10.1 per cent growth over last year. sns
Jha in new role
KOLKATA, 19 JUNE: Mr NC Jha, former chairman of Coal India, has become the first chair professor at Indian School of Mining, Dhanbad. The chair professor has been sponsored by Sandvik Asia, the Indian subsidiary of Sandvik AB, Sweden. The role of chair professor broadly involves industry-institute interaction and R&D activities apart from regular teaching and routine academic tasks. sns
HPL MD gets extension
KOLKATA, 19 JUNE: Haldia Petrochemicals managing director Sumantra Chowdhury has been given extension after his term expired today. pti