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M&M surges 2.4 per cent
The stock gained 2.4 per cent to Rs 1,178.15, a lifetime high, after the company announced more than 100 per cent growth in its domestic auto sales for the month of December 2009. The domestic auto sales stood at 22,754 units, as against 10,253 units in December 2008, up 2.22 times.

Biscuit-makers take on traditional sweets
For most consumer product players in the country, the upcoming festive season is being looked upon as the best platform to return into the black. However, for the biscuit and confectionary makers, the customer preference of traditional sweets over packaged items is expected to affect business. To counter this, companies are devising strategies to hold their profits through gift hampers and customised products.

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Japanese investment in Indian equity mkt at $1 bn
Japanese corporates and retail investors see India as a major investment destination and already up to$1 billion has reached Indian equity markets.
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Govt hospitals to be restructured in Andhra

Andhra Pradesh chief minister Y S Rajasekhara Reddy on Wednesday agreed for restructuring the government hospitals in the state in tune with the requirements of the Aarogyasri scheme, which provides cashless treatment to the poor. - India losing 2,000 patents every year: Jairam Ramesh - YSR Reddy writes to McCarthy over attacks in Australia - AP to set up Slum Rehab Authority - Sabita Reddy is AP's first woman home minister - YSR sworn in for second term - YSR to resign as Andhra CM tomorrow The health department prepared a blueprint for revamping the policies, support services, infrastructure and restructuring the staff of government hospitals. The government proposed to increase the participation of government hospitals in the Aarogyasri programme from the present 9 per cent to 30 per cent in a year by creating better infrastructure and staff. Officials said all government hospitals would be networked to streamline the medicines procurement and their supply in government hospitals. The staff pattern, bed strength and other facilities would also be rationalised. The government also decided to seek 395 more PG seats for the state and the chief minister would pursue the matter with Government of India during his visit to New Delhi. The state government would also establish a superspecialty hospital at Mangalagiri in Guntur district in 100 acres of government land. Health Minister D Nagender, Aarogyasri minister P Satyanarayana, health principal secretaries J Satyanarayana and LV Subramanyam and others attended the meeting.


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