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Implement mechanism to reduce delay in licence renewal: IBAI
The Insurance Brokers Association of India (IBAI) today demanded implementation of a mechanism to reduce delays in renewal of licences and dub-bed the recommendations of the Swarup Committee as being “unpractical” and “misconceived”.

JSW Steel's crude steel production doubles in Nov
JSW Steel today said its crude steel production more than doubled to 4.80 lakh tonnes in November.

News of the day

Corus may get the Tata tag next year
The Tatas are planning a new-look for their first prestigious acquisition Corus Steel next year, a move that coincides with the company emerging from the financial burdens and the global downturn.
Small Business

Take Solutions in pact with South Korean firm

Take Solutions, an international business technology firm, today said it has entered into an agreement with South Korea-based IL-Yang Pharma Company Ltd for providing investigational new drug (IND) submission services to the company. - Four Soft puts merger with Take Solutions on hold - Fiat to position Grande Punto in premium small car segment - "Media-related issues will be taken up in transparent manner" - India Yamaha Motor sales rise 82.38% in May - India"s wireless user-base crosses 400-mn mark - Diesel ceases to earn profit for state oil firms The purpose of the IND submission is to gain Food and Drug Administration (FDA) non-objection to study the investigational agent in humans, Take Solutions said in a filing to the Bombay Stock Exchange. "Our reworked strategy toward focusing on the Asia Pacific region has received a major boost with IL-Yang Pharma," Take Solutions Vice President — sales, Life Sciences APAC, L Ramesh said. The IND submission must include, sufficient preclinical data, details of chemistry and description of mechanism of action of the agent, the filing added. Shares of Take Solutions were trading at Rs 38.30, up 8.50 per cent on the BSE.


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