Corporate Snippets

Sun Pharma wins over Eli Lily in a patent litigation over Gemzar, a drug used in cancer treatment, with a US federal court ruling in its favour. (BS)

PNB to decide on raising deposit rates in the upcoming asset-liability committee (ALCO) meet scheduled for July 31. (BS)

Axis Bank is likely to raise deposit rates shortly. (BS)

The Cleantech division of M&M Group plans to install 50MW of solar power generation capacity across five states at an outlay of Rs7.5bn. (BL)


JSW Steel plans to begin construction of its 10mtpa steel plant at Salboni in West Bengal before end of this fiscal. (BL)

Dabur plans to raise Rs20bn for buyouts. (BS)