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Transgene in pact with Dr Reddy's for obesity drug
Biotechnology firm Transgene Biotek today said it has signed a pact with Dr Reddy"s Lab to manufacture a drug named, Orlistat used in treating obesity.

Usage of IPO proceeds not monitored by Sebi: Govt
The government today said market regulator Sebi does not monitor usage of proceeds of any initial public offers (IPOs) and it is not contemplating any change in the current regulatory framework.

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No immediate plans to import rice, says govt
The government has no immediate plans to import rice as it has enough stocks to manage the demand, the Lok Sabha was informed today.
Business Ideas

Deepika Padukone stands tall in Delhi winter

Bollywood actress Deepika Padukone was the star attraction at a dinner hosted by Prime Minister Manmohan Singh for his Japanese counterpart, Yukio Hatoyama. “She was not only one of the tallest guests but also the bravest. While all others wore heavy winter dresses, she was wearing a saree. She didn’t seem to be bothered about the Delhi winter,” said a Cabinet minister. Padukone was invited as the Japanese prime minister’s wife, Miyuki Hatoyama, had seen Padukone’s debut film, Om Shanti Om, and expressed her desire to meet the actress.


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