Saturday, March 29, 2008

Cipla

The Delhi High Court has ruled against Roche in favour of Cipla citing public interest, reports CNBC-TV18. It ruled that Cipla couldn’t be refrained from manufacturing Roche's Tarceva. Cipla can restart production with immediate effect, the High Court said.

TCS

The US economy may be staring at a recession, but an Indian company is promising to bring jobs to a struggling state. Not surprisingly, the state of Ohio rolled out the red carpet for TCS, which unveiled its largest campus in America this week. For its part, the USD 4.3-billion IT giant says this presence will create closer ties to its American customers. CNBC-TV18's Indira Kannan traveled to Cincinnati, Ohio for this report.
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