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Orchid Pharma settles patent row, stock up 4%
Orchid Chemicals gained nearly 4% at Rs 105, after touching a high of Rs 106 during the day. Around 862,500 shares were traded at the counter against its two-week average of one million shares.

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Healthcare presenting ripe investment opportunity for PE, VC
The Indian healthcare industry, growing at an exponential rate, now presents an attractive investment opportunity for private equity and venture capital firms, says private equity experts.

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Jindal's 1200 MW plant under cloud

The 1200 MW thermal power project of Jindal India Limited at Kaniha near here, estimated to cost Rs 6,000 crore, is under a cloud as the twelfth meeting involving the local administration, company authorities and the affected villagers remained inconclusive. - Jindal"s power project faces another roadblock - RPDAC fails to resolve land rate issues of Jindal India Power - JSPL RPDAC meet today - Locals stall Monnet power plant work - MCL Kaniha project oustees unwilling to cede land This time, the sub committee of the Rehabilitation and Peripheral Development Advisory Committee (RPDAC) chaired by the district collector held its meeting with the participation of the affected locals of Derenge village near Talcher. The locals of this village are split into two factions with one faction opposing displacement and the other in favour of it. The land losers demanded a payment of Rs 15 lakh as cash package by Jindal India Power to those land oustees who fail to get a job in the company.


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