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NMDC likely to file for FPO by Jan 25
The country"s largest iron ore producer National Mineral Development Corporation (NMDC) is planning to file draft prospectus with the market regulator Sebi within a fortnight for its estimated Rs 14,000-crore disinvestment programme.

Ranbaxy, Aurobindo get USFDA nod for migraine drug
Pharma majors Ranbaxy and Aurobindo Pharma today said that they have received final approval from the US Food and Drug Administration(USFDA) to manufacture and market Sumatripan Succinate.

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Maruti to expand vehicle prod capacity at Manesar plant
Maruti Suzuki will expand its passenger vehicle production capacity at Manesar by around 2 lakh units over the next 2 years.
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Godrej Sara Lee can advertise product virtues: HC

The Delhi High Court has upheld the right of Godrej Sara Lee to advertise the virtues of its mosquito repellent cream marketed under the Good Knight brand. - Sara Lee buy to benefit Godrej Group - Godrej Consumer to renew focus on hair colours for growth - DoT moves SC againt HC order on 2G licence cut-off date - Arbitration centre to deal with corporate disputes - Dabur accuses US firm of infringing on its trademark - Intel withdraws suit against govt In a judgement dated December 4, the Delhi High Court dismissed the interim application of Dabur, makers of the Odomos brand of mosquito repellent cream, saying that the former’s attempts to bring out the virtues of its product did not constitute disparagement. Dabur had moved the Delhi High Court on October 20 this year, seeking a stay on the ad released by Godrej for its mosquito repellent cream, which it said portrayed other creams as causing rashes and allergy and not being skin-friendly. Good Knight with natural ingredients, on the other hand, was made out to be safe on the skin, Dabur had said in its application before the court. But the court, after hearing both sides, upheld the right of Godrej to extol the virtues of its product.


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