Wednesday, June 18, 2008

Ranbaxy Laboratories entered into an agreement with Pfizer to settle most of the patent litigation worldwide involving Atorvastatin (Liptor),

KSK Energy Ventures IPO opens on June 23 (BSE & NSE)

Moschip Semiconductor Technology acquired the Audio Video division of Intellasys, a TPL group company

Exide Ind. acquires 51% stake in Leadage alloys

Tata Comm inks equity JV with China Enterprise Communications (CEC) for the acquisition of 50% equity

US data

Morgan Stanley profit falls 60%

Morgan Stanley beat by 3 cents

Wire & Wireless to launch (headends-in-the-sky) HITS technology .HITS is a satellite multiplex service that provides cable channels to cable television operators

Aksh Optifibres and state-run MTNL have launched Internet Protocol Television (IPTV), which could be viewed without any broadband connection

FutureBazaar.com partners Dubai-based logistics service provider Aramex

Vijaya Bank hikes deposit rates 8.80 from 8.50

Ashok Leyland to sell part stake in Nissan JV to shareholders

L&T may acquire Crompton`s project biz

Religare plans to enter banking sector

Ipca Labs eyes overseas acquisition

JSW Steel to pump in Rs 5.5 bn in Chilean mines

Bartronics India`s arm bags a pilot project from Comic-Con International, a company based at San Diego, California.

Suven Life Sciences commenced phase I clinical trials in Europe of SUVN-502 for Alzheimer`s disease

Sujana Towers acquired 51% shareholding in Telesuprecon, a Mauritius based company

Markets have slipped further as banks, IT and realty stocks are witnessing heavy selling pressure

Market wide put-call ratio declines 22.71%

Indo Asian Fusegear plans entry into power space