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Popular Articles

Gammon Infra to acquire Spanish partner's stake in JV
Gammon Infrastructure Projects today said it has entered into an agreement with the Spain-based Dragados for acquiring the firm"s stake in Indira Container Terminal Pvt Ltd (ICTPL) in phases.

CPI(M) importing Naxalites from Nepal, says Mamata
Trinamool Congress chief Mamata Banerjee today claimed that the CPI(M) was importing Naxalites from Nepal and providing them with arms to terrorise the people.

News of the day

ELSS: Tax gain with returns
During the last few weeks of the year, accounts departments of companies start asking employees to give documents to back up their section 80C declaration made at the beginning of the financial year.
Public Company

Cipla to raise Rs 1,500 cr by issue of shares

Drug maker Cipla today said it will raise Rs 1,500 crore from international market by issue of securities. - SC refuses relief to Roche on patent plea against Cipla - Drug to treat swine flu to be available in retail mkt - JB Chemicals gets USFDA nod for its anti-allergic tablets - Cipla gains 3% on capex plan - GSK to launch "promecta" in India by 2009-end - Aurobindo Pharma receives Swissmedic approval for cefepime for injection The shareholders have approved raising Rs 1,500 crore by issuing non-convertible debentures, Foreign Currency Convertible Bonds, American Depository Receipts and Global Depository Receipts, Cipla said in a filing to the Bombay Stock Exchange. The proposal is subjected to necessary regulatory approvals, the filing added. Shares of Cipla today closed at Rs 272.30 on BSE, up 0.91 per cent from the previous close.


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