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Insiders perform better than outsiders as CEOs: Survey
Insiders who have been chosen as chief executive officers (CEOs) of companies, like Mukesh Ambani of Reliance Industries and Steve Jobs of Apple, have fared better than those who have been brought in from outside, says a survey.

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Binani Cement Q3 net rises 573%
Increased capacity and demand have helped cement manufacturer Binani Cement post a whopping 573 per cent jump in net profit at Rs 57 crore in the third quarter this fiscal compared to the same period last year.

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India Eco Summit: Daiichi to launch Ranbaxy's drugs in Japan
Daiichi Sankyo, which has a majority stake in Ranbaxy Laboratories, today said it is going to launch some of Ranbaxy"s generic medicine in the Japanese market soon.
Small Business

Dr Reddy's pares gains; ends flat

The stock ended flat at Rs 712. Around 86,350 shares were traded on the BSE today as compared to the two-week daily average traded volumes of 98,591 shares. ____________________________________________________ Jan cement sales in high double-digit Updated at 1033 Hrs: Dr Reddy"s has gained after announcing a partnership with GSK. The stock opened at Rs 715 and slipped into the red to Rs 705. However, it surged to a high of Rs 748, up 6% from the day"s low. It is now trading up 5% at Rs 745. Around 19,886 shares have changed hands at the counter on the BSE so far. Dr Reddy"s has announced a partnership with GlaxoSmithKline (GSK) to develop and market select products across emerging markets outside India. GSK will now be able to gain access to Dr Reddy"s rich and diverse portfolio and future pipeline of more than 100 branded pharmaceuticals.


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