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Crisis in Karnataka BJP continues
Crisis in Karnataka BJP continued today with dissidents persisting with their demand for the removal of Chief Minister B S Yuddyurappa, who said that the party leadership is evolving a "new formula" to end the stalemate.

Ranbaxy to launch generic version of Flomax next year
Pharma company Ranbaxy Laboratories today said it will launch a generic version of the urinary disorder treatment drug-- Flomax, next year.

News of the day

Gujarat realtors' delegation to visit Japan, Korea
Even as Gujarat chief minister Narendra Modi hopes to see the state, alongwith Japan and Singapore dominate the Asian economy, a delegation of 95 real estate developers from Gujarat will be visiting Japan and Korea to study and imbibe technological know-how of infrastructure in these Asian economies.
International Business

Hindustan Unilever gains on defensive buying

The stock surged to high of Rs 285 - up 7%. It finally ended with a gain of 5.5% at Rs 282. Around 1.05 million shares were traded on the BSE today. ______________________________________________ Siemens to invest Rs 1600 cr in India Uttam Galva soars post ArcelorMittal stake hike India Glycols turns around; posts Rs 7 cr profit A total of 579,540 shares have been traded today, as against the 2-week average volumes of 296,091 shares. HUL has apparently attracted investor interest as it is seen as a defensive buy in a soft market. Moreover, there are reports that the company is planning to launch its global soya based fruit drink "AdeZ" in India by next year.


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