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Lupin, Matrix to face European Comm anti-trust probe
The European Commission today said it will initiate an anti-trust probe of as many as six pharmaceutical companies including Indian entities -- Lupin and Matrix Laboratories -- for restrictive business practices and abusing dominant market positions.

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Govt may decide on freeing petrol, diesel pricing this week
The government may decide on freeing petrol and diesel prices after an expert committee on fuel pricing submits its report this week, Petroleum Minister Murli Deora said today.

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NCP agrees on power sharing in Maha: Patel
NCP has "broadly agreed" with its ally Congress on power sharing in Maharashtra and a new government would be in place in the state shortly, party leader Praful Patel said.
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REpower to supply 70 wind turbines to US enXco

German firm REpower, in which Suzlon Energy holds 91 per cent stake, has signed an agreement with US-based enXco to supply 70 turbines for a wind farm project by 2011. - Dadri setback drags Reliance Power - Markets at a glance - ADAG eyes alternative locations for power plant if Dadri fails - Setback for Reliance Power"s Dadri plant - Dadri land acquisition not on hold: R-Power - Suzlon: Some breeze, finally "The 70 REpower turbines are intended for a wind farm project in the West Coast (USA) market for delivery in mid-2011," Suzlon Energy said in a statement. "USA forms one of the most important growth markets for wind energy today, this order is another step forward in strenghtening the REpower presence and competitiveness in the country," Tusi Tanti, CMD, Suzlon Energy, and Chairman, Supervisory Board of REpower, said. REpower and enXco have implementated a series of wind farm projects in California, Washington and Indiana. Suzlon Energy acquired 91 per cent stake in REpower in May this year.


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