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Since 1st March, 1999
 
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Business Briefs

Drug prices revised

New Delhi, Jan. 4: The National Pharmaceutical Pricing Authority has revised prices of bulk drugs, Parachlo-rometaxylenol and Analgin (metamizole). The price of Parachloro-metaxylenol has been revised to Rs 294 per kg, an official release said. The price of bulk drug Analgin has been increased 4.81 per cent from Rs 437 per kg to Rs 458 per kg.

CLB panel

New Delhi, Jan. 4: Department of economic affairs joint secretary U. K. Sinha and Indian Banks? Association legal adviser M. R. Umarji have been included in the 13-member expert committee that will advice the government on the new company law as special invitees.

Electrolux

Calcutta, Jan. 4: Electrolux Kelvinator Ltd, which has got an in-principle approval for delisting its shares from stock exchanges, has decided to keep open the exit option for a period of one year from the date of delisting.

MF deadline

Mumbai, Jan. 4: The Securities and Exchange Board of India has extended the deadline for mutual funds to adhere to the norm of having minimum 20 to 25 investors in the scheme by one month to January 31.

IOC capacity

New Delhi, Jan. 4: IOC will raise the capacity of its proposed oil refinery at Paradip to 15 million tonnes and build it as a petrochem-cum-oil refinery by 2009-10 at an estimated cost of Rs 20,000 crore.


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