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JSW Energy IPO opens on Dec 7, to raise Rs 2,700 cr
Power firm JSW Energy today said it will open bids for its initial public offer (IPO) on December 7 to raise a total of Rs 2,700 crore to fund the expansion plans.

Where you sit
Most people in public life know that where you stand depends on where you sit. When Additional Solicitor General Mohan Parasaran began arguing the government’s case in the fight between Mukesh Ambani’s Reliance Industries Limited (RIL) and Anil Ambani’s Reliance Natural Resources Limited (RNRL), he happened to sit on the same side as RNRL’s lawyers. Ram Jethmalani, who is one of RNRL’s lawyers, objected and said, “You should move to the other side (near the RIL lawyers) since this makes it appear that you (the government) are in collusion with me (RNRL).”

News of the day

'We will turn profitable in FY11'
Ram Prasad Sahu / Mumbai November 09, 2009, 0:04 IST
Business Ideas

Aurobindo Pharma receives Swissmedic approval for cefepime for injection

Hyderabad-based Aurobindo Pharma Limited received approval from Swissmedic, an agency of Switzerland government for therapeutic products, for the licence of Cefepime APL for injection 1g and 2g. - Ranbaxy receives final USFDA approval for Glycopyrolate - SC pulls up Ranbaxy for delayed raising of refund issue - Sun Pharma invalidates Eli Lilly"s Gemzar patent - Glenmark"s drug fails clinical trials - Aurobindo Pharma up 2.4% - Aurobindo to acquire Trident Life This is used for moderate to severe pneumonia, septicaemia, skin and intra-abdominal infections. This is Auorbindo"s second product approval from Swissmedic, according to a press release. The company scrip was trading at Rs 730 on BSE, down 0.35 per cent compared to the previous day"s close of Rs 715.5.


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