Consolidated Construction Consortium bags Rs1,218 crore orders in June

Chennai-based construction service provider, Consolidated Construction Consortium Ltd (CCCL), has bagged orders worth Rs1,218 crore during June 2010.

The orders booked include power plants, metro rail, buildings and factories.

On Monday, CCCL shares closed 2.92% up at Rs91 on the Bombay Stock Exchange, while the Sensex ended at 0.11% down at 17,441 points.

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Subex completes implementation of fraud management solution for UAE telecom company

Subex Ltd, a global provider of operations and business support systems for communications service providers, has successfully completed the implementation of the revenue operations center (ROC) for fraud management for a telecommunications service provider in the United Arab Emirates.

Subex's ROC Fraud Management, is built to help communication service providers (CSPs) move towards fraud prevention by eliminating known frauds, reducing free run time, augmenting internal controls and through continuous fraud management process improvement. 

On Monday, Subex shares closed 0.80% down at Rs55 on the Bombay Stock Exchange, while the Sensex ended at 0.11% down at 17,441 points.

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Orchid Chemicals receives tentative approval from USFDA for antibacterial drug

Orchid Chemicals & Pharmaceuticals Ltd said it has received a tentative approval from the US Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for its generic drug Gemifloxacin Mesylate tablets in 320 mg strength.

Gemifloxacin Mesylate is an oral broad-spectrum quinolone antibacterial agent used in the treatment of acute bacterial exacerbation of chronic bronchitis and mild-to-moderate pneumonia.

On Monday, Orchid Chemicals shares closed 1.82% up at Rs173 on the Bombay Stock Exchange, while the Sensex ended at 0.11% down at 17,441 points.

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