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More time for IFRS rollout: banks
Banks’ association says the process needs a huge effort.

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U'khand buys 145 buses from Tata
The Uttarakhand government has bought 145 buses from auto giant Tata Motors through an open bidding. The red-colour buses will ply in three cities – Dehra Dun, Haridwar and Nainital. Under the Jawaharlal Nehru Renewal Urban Mission (JNRUM) programme, the Centre will bear 80 per cent of the cost and the rest 20 per cent will be borne by the state government.

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Novartis' swine flu vaccine show encouraging results
Swiss drug maker Novartis today said its newly developed vaccine "Celtura" against Influenza A HINI (Swine Flu) has shown effective result during a pilot test conducted by it.
Public Relations

Gammon slumps over 6%

The shares of the engineering and construction major Gammon India, which plunged 16.11 per cent in the morning trade, closed with an over 6 per cent decline on the Bombay Stock Exchange, as investors dumped its shares after one of the bridges it was constructing in Kota, Rajasthan collapsed last Thursday. - Pantaloon transfers retail biz to Future Value - BSE, NSE, bullion market close for New Year holiday - 2009: Markets sizzle - Get ready for IPOs on bourses, more ETFs - Markets put up their best show ever - Religare Enterprises to raise Rs 1,850 cr via rights The scrip tumbled 6.05 per cent to close at Rs 225.10 on Tuesday. During the intra-day trade the scrip had plunged 16.11 per cent to a low of Rs 201 on the BSE. The collapse of an under-construction bridge over the Chambal last Thursday had killed nearly 30 people.


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