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Tharoor's Kerala party
Minister of State for External Affairs Shashi Tharoor’s controversial stay in Taj Mansingh hotel had a grand finale with an Iftaar party. Among Tharoor’s five Keralite Cabinet colleagues, only Minister of State for Agriculture KV Thomas turned up at the Iftaar, which was attended by VIPs, including Vice-President Hamid Ansari. The next morning, Tharoor reciprocated this with his presence at the appam and mutton stew house-warming party at the official residence of Thomas, who has moved out of Kerala House. This was followed by Tharoor attending a multi-course luncheon hosted by employees of Kerala House to celebrate Onam. Tharoor had earlier checked out of Kerala House complaining “lack of a gym.’’

ICAI seeks details of RCom's books to nail auditor
Accounting regulator ICAI today said it has asked Reliance Communications (RCom), which is under attack for alleged fudging of accounts and evasion of licence fee, to provide financial details before it can initiate action against the teleco"s auditors.

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Spice Mobiles ends at 5% upper circuit
The scrip ended at its 5% upper circuit at Rs 27. The counter clcoked volumes of 23,716 shares as compared to the two-week daily average traded volumes of 248,229 shares as compared to the two-week daily average traded volumes of 248,229 shares on the BSE.
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Zydus Cadila files anti-diabetic drug application with DCGI

Healthcare services provider Zydus Cadila has filed an application before the Drugs Controller General of India (DCGI) for its anti-diabetic drug. The company has filed an investigational new drug (IND) application before the DCGI for its ZYD1 drug, used in the treatment of diabetes, Cadila Healthcare, the flagship company of Zydus Cadila group, said in a filing to the Bombay Stock Exchange. The global anti-diabetic market is estimated at Rs 24 billion dollars in 2008.


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