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APIIC to set up biotech SEZs in Anantapur, Kadapa and Hyd
Andhra Pradesh Industrial Infrastructure Corporation (APIIC) would develop a biotech special economic zone (SEZ) at the Industrial Growth Centre in Hindupar in Anantapur district of the state. The SEZ would come up in 70 acre and would be developed by Benguluru-based Salarpuria.

Indian eco may grow at 7% in FY09-10: PMEAC
On the back of robust economic growth at about 8 per cent in the second quarter of the fiscal, the Prime Minister"s economic panel today said the economy is likely to grow by 7 per cent in the current fiscal.

News of the day

Suven gets 3 European patents on NCEs
Suven Life Sciences Limited, a Hyderabad-based biopharmaceutical company specialising in central nervous system (CNS) diseases, has received patents corresponding to three new chemical entities (NCEs) for the treatment of disorders associated with neuro-degenerative diseases.
Corporate

Bajaj Electricals up 5.5%

The stock rose 5.5 per cent to close at an all-time high of Rs 827.60, on reports that the company might launch its qualified institutional placement (QIP) book this week. - Opto to invest Rs 200 cr for units in Vizag, Malaysia - Power gets a big chunk of private equity pie - Farmax Retail plans to raise Rs 500 cr - Analysts" corner - Adani gets shareholders nod to raise Rs 4K cr via QIP - Hindalco closes QIP, fixes Rs 131 as issue Markets open strong; Tata Steel up 2%


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