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Sun gets support of RMG in battle against Taro
Sun Pharmaceutical Industries’ attempts to take over Israeli drug major Taro Pharmaceutical is gaining more support from independent advisory firms. RiskMetrics Group’s ISS Governance Services (RMG), an independent proxy advisory firm, has recommended that shareholders of Taro Pharmaceutical Industries vote against all the proposals made by Taro’s board of directors, including all of its nominees for election and re-election as directors in the upcoming Annual General Meeting (AGM) scheduled for December 31, Sun Pharma said in a press release. generic levitra

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SAIL-NMDC to invest Rs 260cr in Arki limestone mine
State-run steel producer Steel Authority of India (SAIL) and mining major NMDC will invest Rs 260 crore in developing the Arki limestone reserves in Himachal Pradesh.

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Oil India IPO to hit market on Sept 7
Oil India Ltd (OIL), the nation"s second-largest state-run explorer, will hit the market with an initial public offering (IPO) on September 7.The offer will be open from September 7 to 11, a source close to the development said.
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MCL observes World AIDS Day

Mahanadi Coalfields Limited (MCL) organized an awareness camp at its headquarters at Burla near Sambalpur in association with the Young Men Christians" Association (YMCA) on the occasion of the World AIDS Day. Free comdoms and pamphlets on HIV/AIDS were distributed to the truck drivers on the occasion. - Nalco offers cash incentive for ash disposal - MCL"s mineral operations hit land hurdle - Consumers peeved at inferior coal quality - MCL mining contractors to go on strike from October 1 - Infra constraints at Talcher hit coal supply - MCL"s pipe water supply scheme faces delay The truck drivers were also educated on the evils of unprotected sex and ways to combat the dreaded disease. MCL"s medical department also organized a family planning operation camp on the occasion which saw 162 cases being registered for laparoscopy. The patients and their attendants were provided food packets and lunch by MCL. Seventy cases of laproscopy were performed by dr Jaydeve Meher till lunch.


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