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Popular Articles

Manipal Acunova raises Rs 30 cr from OrbiMed
Manipal Acunova, the Bangalore-based Rs 80 crore clinical research firm, has raised Rs 30 crore from US-based OrbiMed, a global healthcare-dedicated investment firm, with approximately $5 billion in assets under management.

Import rules take effect on security-risk cellphones
The commerce ministry has prohibited import of mobile phone handsets (classified under ITC (HS) Code ‘8517’) without International Mobile Equipment Identity (IMEI) number or with all zeroes’ IMEI, with immediate effect from October 14, 2009. Import of ‘CDMA mobile phones’ (classified under ITC (HS) Code ‘8517’) without Electronic Serial Number (ESN)/Mobile Equipment Identifier (MEID) or with all zeroes as ESN/MEID is also prohibited with immediate effect from the same date.

News of the day

Paramount to expand fleet, launch on-board mobile service
Aiming for a larger play in the domestic skies, Paramount Airways plans to increase its fleet fourfold by 2011 to 20 aircraft by inducting mid-sized airplanes.
Public Relations

Sensex off day's low

The Sensex after touching a low of 17,028, has recovered a bit and is now down 100 points at 17,080. The NSE Nifty is down 37 points at 5,066. Reliance Communications and Tata Motors are the other significant gainers. The market breadth is neutral - out of 2,639 stocks traded so far, 1,276 have advanced and 1,259 have declined.


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