The Hindu Business Line : Saturday, June 11, 2005

Innovator co delists patents — Merck move to deprive Ranbaxy, Ivax of exclusivity
PHARMACEUTICAL companies in the US are trying various strategies to ensure that no single competitor offering cheaper versions of drugs grabs a major share of their business. In the case of blockbuster medicines going off patent, instead of ... More

Drug-coated stents need licence: Maharashtra FDA
THE use of illegal drug-coated stents on heart patients has forced the Maharashtra Food and Drugs Administration (FDA) to instruct manufacturers and importers to get a drug licence from the Drug Controller General of India before resuming sales ... More

More farmers seeking cover against shortfall in rain
This is evident from the number of farmers going in for insurance against shortfall in rain. Agriculture Insurance Company of India Ltd (AIC) hopes to cover over two lakh farmers under "Varsha Bima-2005", its new insurance scheme against low ... More

Jet plans to roll out new fare concept soon
IN a fresh attempt to woo passengers, Jet Airways plans to offer new fares in the domestic market that will provide not only flexibility in making bookings but also more options at lower prices. "The airline is looking at a new fare concept. We ... More

Now, pay Idea mobile post-paid bills via SMS
Idea Cellular has tied up with Bharti Telesoft to launch a first of its kind billing platform that allows subscribers to pay postpaid mobile bills by sending a short message to a bank ATM. The billing platform also allows subscribers to walk into ... More

Fruits, vegetables pull inflation to 2-month low
THE annual wholesale price index-based inflation fell to 5.2 per cent in the week ended May 28, from the previous week's 5.38 per cent. The dip in the year-on-year inflation was mainly on account of last year's high base, combined with a fall ... More

Industrial growth marginally down to 8.8 pc in April
DESPITE a strong double-digit growth in the manufacturing sector, the growth in Index of Industrial Production (IIP) dipped marginally during April 2005 to 8.8 per cent, compared to 8.9 per cent in the same month last year. A slowdown in the ... More

Bourses trip over correction, rising crude prices
CORRECTIONS continued for a second consecutive day as profit-taking dragged the Sensex into the red. Markets opened on a firm note with the Sensex and Nifty trading on positive grounds. Trading later became volatile with the Sensex recording ... More