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Dr Reddy's Lab rises 2.3%
The stock jumped 2.3 per cent to Rs 1,204.55 after the company said Phase-III clinical trial for its anti-diabetic molecule balaglitazone achieved the set parameters.

Court extends judicial custody of Satyam accused
A local court posted the petition filed by the Central Bureau of Investigation (CBI) asking it to start the hearing in the Satyam case to December 23. The CBI said it was ready to handover the documents to the accused so that the court could begin the hearing of framing of charges.

News of the day

Saurabh Kumar: Striving for a Nuclear Weapons-Free World
Saurabh Kumar / New Delhi December 20, 2009, 0:30 IST
Home Business

Gati to raise Rs 78.91cr via warrants issue

Courier service provider Gati today said it will raise Rs 78.91 crore by issue of warrants to different promoters and the Infrastructure Fund of India LLC. The company board has approved to allot a total of 1,16,73,818 warrants aggregating to Rs 78.91 crore, Gati said in a filing to the Bombay Stock Exchange. The proposals are subjected to shareholders approval, it added. Shares of Gati today closed at Rs 60.50 on the BSE, up 2.72 per cent from previous close.


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