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Popular Articles

Ambani gas row: Govt must approve suitable arrangement
The government today asserted in the Supreme Court that any suitable arrangement between the Ambani brothers for the supply of gas from K G Basin has to be approved by it keeping the national interest paramount.

Workers at Nokia's TN plant go on strike
Production at mobile handset company Nokia’s factory at Sriperumbudur, near Chennai, was stopped after around 2,000 workers went on a flash strike Wednesday evening. Representatives of the Nokia India Employees Progressive Union (NIEPU) claimed the company had suspended 62 employees without giving any reason.

News of the day

Sensex starts New Year with 20-month high
The markets opened the New Year on a promising note today with the BSE Sensex shutting the shop at a 20-month high at 17,558.73 gaining 94 points, driven by a rally in the auto and metals counters and firm European cues.
Public Company

Cipla to raise Rs 1,500 cr by issue of shares

Drug maker Cipla today said it will raise Rs 1,500 crore from international market by issue of securities. - SC refuses relief to Roche on patent plea against Cipla - Drug to treat swine flu to be available in retail mkt - JB Chemicals gets USFDA nod for its anti-allergic tablets - Cipla gains 3% on capex plan - GSK to launch "promecta" in India by 2009-end - Aurobindo Pharma receives Swissmedic approval for cefepime for injection The shareholders have approved raising Rs 1,500 crore by issuing non-convertible debentures, Foreign Currency Convertible Bonds, American Depository Receipts and Global Depository Receipts, Cipla said in a filing to the Bombay Stock Exchange. The proposal is subjected to necessary regulatory approvals, the filing added. Shares of Cipla today closed at Rs 272.30 on BSE, up 0.91 per cent from the previous close.


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