Intel IT Update
RBI may delink bank rate from refinance rate The Reserve Bank of India (RBI) plans to reposition the bank rate as the real signalling rate on the lines of the US Fed rate and delink it from all refinance rates. Cipla bags drugs controller approval to manufacture, market anti-AIDS pill The Mumbai-based Cipla has got clearance from the Drugs Controller General of India to manufacture and market the country's first non-nucleoside reverse transcriptase inhibitor (NNRTI), nevirapine, for the treatment of AIDS. Old-economy scrips feel IT heat as m-cap falls below value of cash assets Thanks to the craze for infotech and e-stocks, many so-called old-economy stocks have market caps that are well below the values of their cash and cash-like assets. Brussels, Paris, Amsterdam bourses to merge The Paris, Amsterdam and Brussels bourses said on Monday that they would merge to form the largest stock exchange among the 11 euro-zone countries with a market capitalisation of more than two trillion euros ($1.93 trillion). Indian Oil's Top Gear to be a shopper's stop Fortune 500 company Indian Oil Corporation (IOC) is all set to unveil the service station of the future, Top Gear.
RBI may delink bank rate from refinance rate
Cipla bags drugs controller approval to manufacture, market anti-AIDS pill
Old-economy scrips feel IT heat as m-cap falls below value of cash assets
Brussels, Paris, Amsterdam bourses to merge
Indian Oil's Top Gear to be a shopper's stop