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SC refuses relief to Roche on patent plea against Cipla
The Supreme Court today refused to give any relief to Swiss pharma firm Hoffman La Roche Ltd that had challenged a Delhi High Court order allowing Cipla to manufacture and sell a generic version of lung cancer drug "Erlotinib".

Nifty likely to face resistance at 5,300
Investors were reluctant to buy or sell aggressively today ahead of a closely-watched US job report on Friday. The trading volume in Nifty futures and options (F&O) suggested mere change of hands as buy- and sell-side traders were evenly matched.

News of the day

6 of top 10 cos add Rs 24k cr in m-cap; Airtel biggest gainer
Six out of the top 10 companies added over Rs 24,000 crore to their market capitalisation last week with telecom giant Bharti Airtel alone contributing one-third of the gain.
Corporate

Infosys up 2% on growth outlook

The stock of Infosys Technologies rose nearly 2 per cent to close at Rs 2,235, a level not reached in over two years. - Infy remains cautious despite BP deal - K"taka clears first hurdle in Infy plan for 2nd campus - Slow US recovery to hit IT firms - Infy up 4 per cent on order from BP - Infosys bags 5 yrs outsourcing deal from BP - Infosys BPO partners US firm to provide mortgage solutions The stock, which has gained about 7 per cent over the last month, spurted after Nomura Holdings said it was changing its stance on the company from bearish to neutral. The stock touched an intra-day high of Rs 2,248 and a low of Rs 2,202.


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