Thursday, July 22, 1999
IDMA moves Mumbai high court against amended Patent Rules
The Indian Drug Manufacturers Association has moved the Mumbai High Court challenging various issues laid down in the amendments to the Patent Rules, 1972.
IDBI retires Rs 900 cr high-cost debt
The Industrial Development Bank of India has cashed on the arrival of cheap money days by retiring Rs 900 crore of high-cost debt with cheaper funds in the first four months of the current financial year.
Ashok Leyland trims Q1 loss to Rs 16 cr
A 30% increase in sales has helped commercial-vehicle major Ashok Leyland to cut its losses for the first quarter ended June 30, 1999 to Rs 16.22 crore against Rs 33.20 crore in the corresponding period of the previous year.
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