Airlines warned on fake drugs |
- Airlines warned on fake drugs
- ADAG firms get Sebi notice
- GAIL puts JV with RIL on backburner
- Auto sales drive in fast lane on new launches
- Equipment security: It’s advantage for Chinese cos
- Adani to buy coal assets in Oz
- Take back blocks if progress unsatisfactory: Coal Min
- Sensex up 171 points in opening trade
- Sebi asks Anil Ambani to appear before it
- Poaching woes hit professional services cos
- Newsweek sold to stereo tycoon
| Posted: 02 Aug 2010 11:32 AM PDT Large consignments of fake Indian drugs manufactured in China are finding their way to Nigeria. The Nigerian authorities have woken up to the menace and warned airlines that they would be held responsible for spurious drugs carried by passengers flying into that country.  |
| Posted: 02 Aug 2010 11:40 AM PDT Sebi has issued show cause notices to two ADA group companies and five top executives of these companies, including group chairman Anil Ambani, in a case relating to market transactions.  |
| GAIL puts JV with RIL on backburner Posted: 02 Aug 2010 11:30 AM PDT Gas utility GAIL has put on the backburner its plan to set up a mega-petrochemicals plant overseas in joint venture with Reliance Industries. Instead, the state-run firm has decided to invest Rs 8,200 crore on doubling the capacity of its unit in UP, even as it has posted a 35% jump in the first quarter net profit.  |
| Auto sales drive in fast lane on new launches Posted: 02 Aug 2010 11:42 AM PDT Auto companies continued with their smooth drive in July, backed by rising disposable income, soft interest rates and increased demand for new launches.  |
| Equipment security: It’s advantage for Chinese cos Posted: 02 Aug 2010 11:43 AM PDT The Chinese seem to be scoring heavily while European and American companies struggle to cope with the DoT's new guidelines for security clearance for import of telecom equipment.  |
| Adani to buy coal assets in Oz Posted: 02 Aug 2010 11:37 AM PDT Adani Enterprises (AEL), the flagship company of Ahmedabad-based Adani group, is set to buy Australian firm Linc Energy's coal assets in Queensland for about Rs 4,200 crore. An agreement between the two is expected to be signed in Australia on Tuesday.  |
| Take back blocks if progress unsatisfactory: Coal Min Posted: 02 Aug 2010 07:24 AM PDT The Coal Ministry wants back blocks given to companies like Reliance Industries and UK's BP Plc for extraction of natural gas from coal beds in case the progress is unsatisfactory, Parliament was informed.  |
| Sensex up 171 points in opening trade Posted: 01 Aug 2010 09:12 PM PDT The Bombay Stock Exchange benchmark Sensex on Monday opened 171 points higher on buying in banking, auto and metal stocks amid firming Asian trends.  |
| Sebi asks Anil Ambani to appear before it Posted: 02 Aug 2010 08:04 AM PDT Market regulator Sebi on Monday asked RNRL, RInfra, their chairman Anil Ambani and a few top executives to appear before it for personal hearing on September 3 in a case concerning the stock market dealings.  |
| Poaching woes hit professional services cos Posted: 02 Aug 2010 11:46 AM PDT They are the backbone of the corporate world and provide a host of services - from auditing to business and tax advisory.  |
| Newsweek sold to stereo tycoon Posted: 02 Aug 2010 03:51 PM PDT The Washington Post Co. has agreed to sell its money-losing Newsweek magazine to California billionaire Sidney Harman, the firm said Monday.  |
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