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Cipla to raise Rs 676 cr via QIP issue
Drug Firm Cipla today said it will raise Rs 676 crore through the issue of equity shares on institutional placement basis.

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AP revenues take a hit on agitations
Andhra Pradesh chief minister K Rosaiah said revenues coming to the government in the form of taxes had taken a beating due to the turmoil in the state. “Trade was first affected by the agitations for a separate Telangana and now for a unified Andhra,” he told reporters here on Thursday.

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Sun Pharma gains on HC order
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Slumdog trust hires social worker for Rubina

The ‘Jai Ho’ trust by the ‘Slumdog Millionaire’ filmmakers has hired a social worker to ensure the welfare of Rubina Ali Qureshi after her father allegedly tried to sell her for nearly USD 300,000. A British tabloid News of The World had on Sunday claimed that Rubina"s father Rafiq had tried to sell the nine-year-old to their reporters, who were posing as the agents of a wealthy Arab Sheikh during a sting operation. "The trust is in regular contact with Rubina Ali and her family and has hired a social worker to assist in looking after her welfare and that of her co-star," Dadrawala further added. The social worker will periodically counsel the children and the family and ensure that they receive suitable accommodations and a fixed sum of money each month for living expenses. The trust will also cover the education costs for Rubina and her siblings and provides her with a lump sum of money after she turns 18 years old. “Danny and I both fully support Dadrawala"s comments,” Colson added. Rubina still lives with her father Rafiq Qureshi and step-mother Munni in the slums of Mumbai. Her biological mother Khursheed had filed a complaint against Rafiq with the Nirmal Nagar police station in Mumbai after the tabloid report was published.


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