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Merck acquires Bangalore Genei
German multinational drug major Merck KGaA has acquired Bangalore Genei (India) Pvt Ltd (BGIP), which specialises in new generation proteomic and genomic research technologies, the cutting-edge study of proteins and organisms. Merck, which acquired the company through its wholly-owned Indian subsidiary, Merck Specialities Private, did not disclose the deal’s size.

Land dilemmas
Business Standard / New Delhi September 14, 2009, 0:22 IST

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RBI panel on BPLR to meet today
The Reserve Bank of India"s (RBI"s) panel on revamping the existing benchmark prime lending rate (BPLR) will meet tomorrow for further deliberation with bankers.
Corporate

RCom partners atom tech for m-commerce platform

Reliance Communications today said it has entered into an agreement with Financial Technologies Group firm atom technologies for using its mobile financial solutions. - Go long - Great Indian telecom boom begins to ring hollow - Devangshu Datta: Looking good in comparison">Devangshu Datta: Looking good in comparison - RCom, Loop announce per-second call rates - RCom finalises global MNP contracts - RCom may unveil per-second billing plan The partnership would allow RCom users to access a secure platform for making payments using Reliance mobile, RCom said in a statement. "Our agreement with atom technologies will set the ground for RCom to make an aggressive pitch in the Indian mobile-commerce market. We will leverage this agreement to drive m-commerce transactions across both the GSM and CDMA networks," RCom Head (Product, Mobile Data and Content Services) Anil Pande said.


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