Another IT company drops acquisition plan
If infotech companies made news earlier for `acquisitions', `joint ventures' and `mergers', the process has turned into the reverse gear with many of them increasingly breaking the so-called plans. Chennai-based Polaris Software is the latest to break the aquisition plan.



Govt to incur Rs 4,000 cr loss in oil duty cut
Union finances are showing definite signs of improvement and the govt is expected to end the first half of the current financial year on a positive note.



Pricing panel indicts makers of Vicks, Iodex
Popular household names in drugs and medicines like Vicks Vaporub, Iodex ointment and Zandu balm have come under the scrutiny of the NPPA, which has called for prevention of registration of these popular allopathic medicines as ayurvedic drugs.



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