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Sun gets favourable ruling in battle for Taro
No need for special tender, rules Israeli court; Taro Pharma can appeal. Mumbai, Aug. 27 Sun Pharma’s $454-million proposal to acquire Israeli-drug company Taro Pharmaceutical received a shot in the arm, with the Tel-Aviv District Court ...
Cement capacity expansion may be delayed
The cement industry’s plans to add 110 million tonnes (mt)of capacity with a total outlay of Rs 50,000 crore by financial year 2010 is likely to be delayed due to constraints in sourcing equipment and non-availability skilled ...
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No thorougfare: Th...
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TODAY'S PICK (Latest Audio: English/Tamil)
Punj Lloyd (Rs 284.10): Buy
We recommend a buy in Punj Lloyd from a short-term perspective. It is apparent from the charts of Punj Lloyd that the stock has been on a medium-term uptrend from its 52-week low of Rs 183, recorded in early July. While trending up, the ...
Day Trading Guide
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CLB says it has no jurisdiction to decide on Zandu-Emami case
Mumbai, Aug. 27 Ayurveda products-maker Zandu Pharmaceutical’s petition on the takeover moves by Emami Ltd has been dismissed by the Company Law Board (CLB), saying that the Board had no jurisdiction on the issue. ...
WiMax players can offer mobile services
New Delhi, Aug. 27 Consumers could soon get mobile services using a technology other than CDMA or GSM. ...
NTPC to kick off retail distribution in Kerala
SUCCESS, FINALLY!. New Delhi, Aug. 27 After a series of unsuccessful attempts at entering the power distribution business, the Rs 37,000-crore NTPC Ltd has managed a breakthrough of sorts and is on course to take up retail distribution of ...
Reliance’s Rewas port project ‘lands’ in trouble
Waiting for possession of land allocated by Maharashtra Govt. Mumbai, Aug 27 Reliance Industries’ Rs 5,000-crore Rewas Port project, which is expected to give the vital sea-link to its proposed mega Mumbai SEZ, is yet to kick off, as the ...
Banks see liquidity staying tight for some more time
RBI focussed on reining in inflation; CRR hike likely. Bangalore, Aug. 27 With the Reserve Bank of India (RBI) maintaining its current monetary policy stance, tight liquidity conditions are expected to continue for some more ...
Visual computing era is here: nVidia chief
3-D poised to become mainstream in professional, consumer displays. San Jose (California), Aug. 27 It was in a sense the first big global gathering of the display and computer graphics business. So no one was very surprised when nVidia’s ...
Apollo Hospitals working with TCS for patient ID number
Plans to pick up 30% stake in Nigerian hospital. Chennai, Aug. 27 Apollo Hospitals Enterprise Ltd is working on a project that would give each of its patients a Universal Hospital Identification Number (UHIN). The number is like a password ...
Mukesh Ambani decries Singur agitation
Mumbai, Aug 27 Mr Mukesh Ambani, Chairman and Managing Director of Reliance Industries Ltd, decried the agitation going on in Singur against Nano plant of Tata Motors. ...
Indian shrimp exports to US fall sharply in H1
Kochi Aug 27 There has been a significant fall in the quantum and value of Indian shrimp exports to the US markets ever since the imposition of anti-dumping duty and customs bond on such shipments. During the first quarter of the current year, ...
Govt to go slow on steel quality control order
Unorganised sector to be kept out of purview initially. New Delhi, Aug. 27 The Government is likely to go slow on the implementation of the Steel Products Quality Control Order 2007 issued by the Ministry of Consumer ...
CP for classes and deposits for masses
Commercial paper (CP) made its mark in India in 1989 in response to the clamour by corporates to break free of the stranglehold of the banking sector in the matter of working capital finance. While banks do offer better terms to blue-chip ...
Fresh rain belt swings in over south peninsula
Thiruvananthapuram, Aug 27 The southern peninsula has started receiving rains from a fresh wave and the latest forecasts suggest that the wet spell would later spread along the west coast as well. ...
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