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Glenmark to merge with TASC Pharmaceuticals
MUMBAI, MARCH 10.Glenmark Laboratories Ltd. (GLL), a niche formulation and biopharmaceutical player, today announced an integrated alignment pact with TASC Pharmaceuticals, a research driven API (Active Pharmaceutical Ingredient) company that ...

HSBC to infuse $180 m in India operations
MUMBAI, MARCH 10.The Hongkong and Shanghai Banking Corporation Limited (HSBC) has allocated $180 million to support its fast-growing Indian operations. This is being done through an infusion of $150 million in new capital as well as through $30 ...

`End to Bajaj family feud soon'
NEW DELHI, MARCH 10. The Chairman of Bajaj Auto, Rahul Bajaj, today said that he expected the family dispute with younger brother, Shishir Bajaj to be settled by June this year. He had only last week announced that he would step down as ...

SAIL board approves two projects
NEW DELHI, MARCH 10.The board of Steel Authority of India Limited (SAIL) today gave its `in-principle' approval for two projects — revamp of the second sinter plant at Bhilai and installation of turbo compressors in the oxygen plant at ...

Market recovers, bank stocks rise
MUMBAI, MARCH. 10. Led by banking shares, prices today rallied on Bombay Stock Exchange, pushing up the Sensex by 15 points to end at 6907.65 on renewed buying activity even as investors booked profit at every rise. Mirroring the sharp rise in ...

Rupee climbs to one-month closing high
MUMBAI, MARCH 10. The Indian currency on Thursday climbed to an over one-month closing high of 43.58/59 a dollar, driven by robust foreign fund inflows into the buoyant stock market amidst a lingering weak dollar overseas, despite sporadic ...

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