Timber Home a manufacturer-retailer having a pan-India presence with more than 80 exclusive stores of kitchen, has fixed issue price at higher end of price band of Rs 54-63 a share.
Friday 10 June 2011
Aurobindo Pharma has received approval from the USfor the treatment of hypertension
Aurobindo Pharma has received final approval from the US Food and medicines Administration to manufacture and market Ramipril capsules, that are used for the treatment of hypertension.Aurobindo’s Ramipril capsules are the generic equivalent of King Pharmaceuticals’ Altace capsules, and can be launched soon, it said during a notice to stock exchanges.The product had a market size of concerning USD 95 million for twelve months ended September 2010, Aurobindo said citing IMS knowledge.Aurobindo Pharma said it currently has 108 final approvals and 30 tentative approvals from the US FDA.
Reliance Retail will foray into the cash and carry
Reliance Retail will foray into the cash and carry market with "Reliance Market" in Ahmedabad. Reliance Industries Ltd chairman Mukesh Ambani had announced at the recent thirty seventh Annual General Meeting concerning his company's plans to launch a cash and carry format.
The first Reliance Market can open in Ahmedabad in August 2011, a Reliance Retail spokesperson said. Reliance Market store can cater to the requirements of the native traders and little businesses and provide regional, national and international brands. Reliance Market can stock over 20,000 merchandise starting from recent fruits and vegetables, dairy merchandise, detergents and toiletries, groceries, workplace furniture, stationery, footwear in addition as electronics and IT merchandise. Reliance can compete with world biggies like Bharti Walmart, Metro and Booker during this section domestically, the spokesperson added.cash and carry may be a style of trade within which merchandise are sold from a wholesale warehouse operated on a self-service basis. It primarily serves business customers like search house owners (kiranas), traders, caterers, institutional consumers like hotels, restaurants, colleges and offices who settle the invoice on the spot in money, and carry the products away themselves..
The first Reliance Market can open in Ahmedabad in August 2011, a Reliance Retail spokesperson said. Reliance Market store can cater to the requirements of the native traders and little businesses and provide regional, national and international brands. Reliance Market can stock over 20,000 merchandise starting from recent fruits and vegetables, dairy merchandise, detergents and toiletries, groceries, workplace furniture, stationery, footwear in addition as electronics and IT merchandise. Reliance can compete with world biggies like Bharti Walmart, Metro and Booker during this section domestically, the spokesperson added.cash and carry may be a style of trade within which merchandise are sold from a wholesale warehouse operated on a self-service basis. It primarily serves business customers like search house owners (kiranas), traders, caterers, institutional consumers like hotels, restaurants, colleges and offices who settle the invoice on the spot in money, and carry the products away themselves..
Tata Cap, Swiss Re, Temasek may buy 27.3% in First Leasing co.
Tata Cap, Swiss Re, Temasek may buy 27.3% in First Leasing co.
Baba Ramdev's Admitted to Hospital
Baba Ramdev's health deteriorated on Friday and was taken to Dehradun for hospitalization as his quick against corruption continued for the seventh day. The district magistrate, R Meenakshi Sundaram who came here perasonally met Baba Ramdev on a stretcher in an ambulance. There was a significant chaos in Patanjali Yogpeeth as Baba Ramdev's supporters shouted slogans against Sonia Gandhi and therefore the Conress. "The team has observed his scenario. he's tormented by dehydration, and his condition has deteriorated," said Yogesh Kumar Sharma, chief medical officer (CMO) of Haridwar. "We advise him to urge hospitalised for higher cardiac monitoring. He has lost 1.5 kg weight, with a complete weight loss of 5.5 kg since Saturday," Sharma added. Ramdev's health condition has significantly deteriorated and he took lemonade and honey at the request of doctors on Thursday.
Maqbool Fida Husain to be buried at Brookwood cemetery
Sticking to legendary Indian painter Maqbool Fida Husain's last needs, his family can lay him to rest at the Brookwood cemetery at Woking in Surrey , on the city's outskirts in a while Friday. Husain's body, was kept at Idara-e-Jaaferiya, a funeral Parlour at Tooting, to facilitate the general public to pay their last homage to the renowned painter.
According to his family sources, the namaz-i-janaza are going to be held at twelve.45 pm followed by Friday prayers before moving his body to Woking. Husain had expressed a want to be buried wherever he breathed his last. The burial are going to be conducted with full Muslim rites. 95-year-old Husain died at the Royal Brompton hospital yesterday morning. He died of lung congestion, the sources said.
According to his family sources, the namaz-i-janaza are going to be held at twelve.45 pm followed by Friday prayers before moving his body to Woking. Husain had expressed a want to be buried wherever he breathed his last. The burial are going to be conducted with full Muslim rites. 95-year-old Husain died at the Royal Brompton hospital yesterday morning. He died of lung congestion, the sources said.
Reliance ADAG & Sarswati Bank tie to give banking Solutions
Saraswat Bank has announced a tie-up with Reliance ADAG beneath that the Anil Ambani-led cluster can market a core banking resolution developed by the bank's infotech subsidiary. "We have recently betrothed with the ADAG through that we will sell our core banking software, 'Swift Core', to banks using ADAG's optical fibre network unfold across the country," Saraswat Bank Chairman Eknath Thakur told reporters late last evening. Swift Core has been developed by Saraswat Infotech restricted (SIL), Thakur said, adding that an estimated three hundred little banks across the country ought to install core banking software as a compliance live.
"The giant banks select packages developed by larger firms like (Oracle) I-flex and Infosys, however we are going to target the merchandise at three hundred smaller banks who additionally ought to install CBS," Thakur said. ADAG can market the merchandise and do the invoicing, whereas SIL can function the service supplier and do the upkeep, he said, while not specifying the name of the ADAG cluster company or subsidiary it's partnered with. Thakur said SIL can profit plenty from the tie-up with ADAG, with ADAG investing over Rs 15000 crore to erect the OFC network.
"The giant banks select packages developed by larger firms like (Oracle) I-flex and Infosys, however we are going to target the merchandise at three hundred smaller banks who additionally ought to install CBS," Thakur said. ADAG can market the merchandise and do the invoicing, whereas SIL can function the service supplier and do the upkeep, he said, while not specifying the name of the ADAG cluster company or subsidiary it's partnered with. Thakur said SIL can profit plenty from the tie-up with ADAG, with ADAG investing over Rs 15000 crore to erect the OFC network.
JSPL’s Chhattisgarh unit comes under Ministry of environment & forests scanner
JSPL’s Chhattisgarh unit comes under Ministry of environment & forests scanner
Tata Motors-West Bengal issues ordinance
West Bengal issues ordinance - will acquire 400 acres of Tata Motors land. Ordinance Amends section 48 of Land Acquisition Act
6 Dyas of Baba Ramdev's hunger strike saw a comedy of errors, amid medical reports of dipping glucose levels, increasing ketone levels and contradictory news on his weight loss. ultimately count he had lost only 1.5 kg, as opposition earlier claims of five kg. But this failed to stop Ramdev from declaring his assets, on Thursday, as promised. in keeping with the knowledge he provided, there are 3 primary trusts. Among them, the Divyayog Mandir Trust is that the oldest and contains a total capital of Rs 249.63 crore and a complete welfare pay of Rs 685.25 crore within the last twelve years. The newer Patanjali Yogpeeth Trust contains a capital of Rs 164.8 crore and total pay of Rs 53.52 crore until date. The Bharat Swabhiman Trust, constituted for the anti-black cash campaign, contains a capital of Rs 9.57 crore as against a complete welfare pay of Rs 11.51 crore. However, the yoga guru did not answer all queries on asset base, money inflows etc on company details, etc. Ramdev and his aide Balakrishna cut a sorry figure when faced with a flurry of queries on his business and assets. Balakrishna, seen because the money face of the Patanjali Trust, left his laptop computer and fled to his area because the volley of queries continued. The prime question that remained unanswered was on the company dealings and variety of corporations the trusts operated. Balakrishna maintained that each one queries relating to the Ramdev's corporations ought to be directed to the Registrar of corporations.
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