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Bank chiefs plot regulatory response
Brian Moynihan, Oswald Gruebel and Josef Ackermann, leaders of some of the world’s biggest banks, met during the World Economic Forum in Davos, Switzerland, to plot how to reassert their influence with regulators and governments.

FM to begin pre-Budget talks on January 5
Finance Minister Pranab Mukherjee will kick-start the pre-Budget consultations on January 5, with industry leaders getting the first opportunity to present him their wish-list that includes continuation of stimulus.

News of the day

SC issues notices to Centre, others on Novartis petition
The Supreme Court today issued notices to the Centre, pharma major Cipla, Ranbaxy Lab, Hetero Drugs, Natco Pharma and others on a pettion filed by Swiss firm Novartis AG challenging the denial of patent for its blood cancer drug Glivec in beta crystal form.
Business Ideas

Swine Flu claims its 91st victim in Pune

With the death of a 30-year-old woman, the Swine Flu toll in the city has gone up to 91, health officials said today. - Obama declares swine flu a national emergency - Swine Flu toll rises to 87 in Pune - 37 H1N1 patients in J&K, 11 army men - India Inc is all a Twitter - Apollo Pharmacy licensed to retail H1N1 influenza medicine - Saudi Haj tourism loss highest in 50 years The woman died last night, they said.The pandemic, which has been unrelenting in the city for about four months since its outbreak in July, continues to to cause concern to the health machinery, now worried over the speculated possibility of a second wave in the winter. According to Ashok Mehta, Joint Director, Health, five fresh positive cases for H1N1 virus were detected yesterday and seven patients were reported to be in a critical condition in various city hospitals. Over six lakh people in the city and surrounding areas have been screened for the virus so far, he added.


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