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Centre urged to take up Hubli-Ankola rail work
Peeved by undue delays in implementing the Hubli-Ankola Railway line, Dharwad MP Prahlad Joshi has urged the Centre to take steps to implement the work immediately.

Glenmark confirms Smithkline's lawsuit in US
Glenmark Generics Ltd, a subsidiary of Glenmark Pharmaceuticals Ltd, has confirmed that Smithkline Beecham Corporation (d/b/a) Glaxosmithkline (GSK) filed a patent infringement lawsuit on their US subsidiary, Glenmark Generics Inc, USA (Glenmark) in the US District Court for the District of Delaware in connection with the Abbreviated New Drug Application (ANDA) filing for Atovaquone and Proguanil hydrochloride 250mg/ 100mg tablets.

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IDBI Bank gets variable pay surprise
Only public sector player to have performance-linked salary
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Rel Cap Q3 net dips 52% to Rs 63 cr

Anil Ambani Group firm Reliance Capital today reported 52% decline in its consolidated net profit at Rs 63 crore for the third quarter ended December 31, 2009. - R-Infra Q3 net up 10% at Rs 277 cr - RNRL Q3 net up 3% to Rs 25 cr - Dadri farmers want more time to return compensation - Ian Lancaster new CEO of Reliance MF"s Malaysian arm - R-ADAG among suitors interested in MGM: WSJ - R-Infra wins Rs 11,000 cr Mumbai Metro-II project "Lower capital gains were booked in the quarter, owing to the planned partial stake sale later this year in the operating businesses, subject to necessary approvals. "Being the sole beneficiary of its operating businesses, the full benefit of this value unlocking will form a part of Reliance Capital"s net profit for the current financial year," the company said in release. Total income of the company declined to Rs 1,488.8 crore for the December quarter, from Rs 1,573.5 crore in the same period previous fiscal.


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