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Glenmark gets US nod for ointment
Drug firm Glenmark Pharmaceuticals today said it has received approval from the US Food and Drug Administration (FDA) for an ointment used in treating skin problems.

No fine for late delivery of flat if exact date is not assured: NCC
Real estate developers cannot be fined for late delivery of possession of a flat to an allottee if no specific date of its delivery is mentioned in the contract, the apex consumer body has held.

News of the day

Big gains for Smart Portfolios
For the first time in Smart Portfolios 2009, fund managers outperformed the benchmark in terms of returns. While the S&P CNX 500 index scaled nearly 4 per cent last week, Ajay Parmar, Amar Ambani and Praveen Panjwani were able to post gains in excess of 4 per cent each.
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Russian gas exports over 37 per cent down in Jan-July 2009

Russian gas exports dropped by 37.7 per cent to 69.5 billion cubic meters in January-July 2009, as compared to the previous year, the Federal Customs Service has said. - Imperial Energy to make cash profits next year - India"s farm exports to cross Rs 1,00,000 cr in 5 yrs: APEDA - India"s ties with other nations not at Russia"s cost: President - Honda Siel to export engine parts to Japan... - Coffee exports dip 14.3% in October-July - Exports likely to double next year, says cotton body Gas revenues stood at $19.39 billion as against $39.18 billion the year before, Prime Tass said. Crude exports reduced by 0.1 per cent to 130.13 million tonnes and brought in $45.84 billion, as against $96.58 billion last year. Russia enlarged exports of petroleum products by 4.7 per cent to 68.5 million tonnes with the cost of $22.43 billion, as against $45.91 billion the year before.


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