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Sun shines as Taro shareholders slam board re-election
In a major boost to India"s Sun Pharma, which is locked in a takeover battle with Taro, shareholders of the Israeli drug firm today rejected a proposal to re-elect directors. generic levitra

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Maharashtra is set to get a new government tomorrow as Chief Minister Ashok Chavan and his Deputy Chhagan Bhujbal are expected to take oath of office.

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Domestic crude oil production falls 1.2% in H1: CMIE
Domestic crude oil production in India declined by 1.2 per cent in HI of the current fiscal from the same period a year ago due to fall in output by oil exploration and production major-- ONGC, an economic think-tank said in its report.
Small Business

More time needed for Bharti Airtel check, auditor tells DoT

The auditor for Bharti Airtel has asked for more time from the department of telecommunications (DoT) to finalise the special report sought by the government on the company, as they have yet to fully get the needed information. - SingTel under DoT lens for operating without a licence - GTL-Aircel tower deal confirmed for Rs 8,400 cr - Newsmaker: Sanjay Kapoor">Newsmaker: Sanjay Kapoor - Bharti Airtel: Not a value call - DoT favours auction of 2 blocks of 3G - Airtel creates separate unit for global business Contractor, Nayak & Kishnadwada, the chosen audit agency, has told DoT in a letter that Bharti has started providing some of the pending information, which is being verified. Bharti has stated it was facing difficulties in retrieving the information, since it is old and voluminous in nature, the auditor said, adding the company was taking necessary steps to provide the information expeditiously. After getting what was sought, we would be able to complete the verification process and give the report within four to six weeks, the auditor said. It had earlier asked DoT to make Bharti give the information, having asked last month for an extension of the time granted for the report.


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