IT Update
Government open to JPC on scam, Sebi mounts defence Govt on Tuesday launched a major exercise to defend itself from the mounting attack on all sides in relation to the stockmarket and banking scandal and said it was `not averse' to the setting up of a joint parliamentary committee to probe the scam. Global Trust Bank seeks higher swap ratio for merger In a dramatic twist to the ongoing developments relating to the troubled merger proposal of GTB with UTI Bank, GTB is now seeking a higher swap ratio, which will be more favourable to its shareholders. The swap ratio currently proposed is 2.25:1, or nine shares of UTI Bank for every four GTB shares held. Tightening of bullion trading norms likely Tightening of bullion trading norms is very much on the cards following the meeting on Tuesday of the top officials of the Reserve Bank of India and representatives of some of the top bullion banks active in Ahmedabad, the bullion capital of the country. 3 pharma firms slug it out on process patent Three pharmaceutical companies Cadila Pharmaceuticals, Cipla Ltd and Cadila Healthcare have locked horns over the process patent for the manufacture of amoxycillin formulation. For Bengal fishermen, Dhaka rules the radio waves Mera Bharat Mahaan is a useless slogan for West Bengal's fishermen they prefer to put their lives in the hands of an anonymous voice from across the border in Bangladesh.
Government open to JPC on scam, Sebi mounts defence
Global Trust Bank seeks higher swap ratio for merger
Tightening of bullion trading norms likely
3 pharma firms slug it out on process patent
For Bengal fishermen, Dhaka rules the radio waves