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Sunday, February 29, 2004

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Excise on steel halved; imported coal cheaper
THE day after intense ministerial deliberations followed by the intervention by the Prime Minister, Mr Atal Bihari Vajpayee, to put a check on the spiralling prices of steel, the Government on Saturday came out with the necessary notifications to ... More

Setback for Dr Reddy's as Pfizer wins ruling
DR Reddy's Laboratories Ltd has suffered a setback in its legal battle with Pfizer over patent infringements on its hypertension drug. In a significant ruling, the US Court of Appeals for the Federal Circuit has reversed a lower court ruling ... More

IPCL offer price fixed at Rs 170
THE Government on Saturday fixed an offer price of Rs 170 per share for the sale of its residual equity in Reliance-controlled IPCL and decided to allocate 50 per cent of the total shares on offer to retail investors. The Government has ... More

Preferential offers gain momentum
IF increasing the promoters stake in companies can be interpreted as a sign of revival and confidence in their businesses, you could say the economy is beginning to shine. Since the beginning of the year, 31 listed companies have secured board ... More

Aviation FDI hike delay on expert's advice
EVEN as the Government is to make up its mind on whether to hike the level of foreign direct investment (FDI) limit in the domestic aviation sector, it is said to have been cautioned by global aviation industry watchers against doing so just yet. ... More

Govt adds more items under SAPTA duty concession list
THE Government has expanded the list of items that can be imported from the other six signatories to the SAARC Preferential Trade Agreement (SAPTA) at preferential import duties. Besides India, the other signatories to SAPTA are Bangladesh, ... More




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