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High-level committee to probe IOC fire
A high-level committee of the Petroleum Ministry will probe the causes behind the fire at the IOC fuel facility on the outskirts of the city and suggest future safety measures at oil and gas depots.

Latha Jishnu: The campaign against that pesky 3 (d)
For the Americans (and some Europeans) it’s “that pesky section”. And the US government is throwing its weight behind an industry campaign to discredit this section if not get it removed from India’s Patent Act. Yes, of course, it is Section 3(d) that is under attack from big pharma which has lost no opportunity in pointing out that this law will stifle the growth of India’s own drug companies and also choke off foreign investment in the sector. In recent weeks, this campaign has picked up in tempo both here and abroad.

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Channels air children's specials to add spark
Players like Nick India, Cartoon Network and Disney are making the most of the increase in viewership during the festive season
Home Business

Akdhikari Bros to issue warrants to promoters

Media company Si Adhikari Brothers Television Network will issue 10.1 million warrants carrying an option to subscribe equivalent number of equity shares to promoters on a preferential basis to promoters and private bodies corporate to fund its expansion plans, the company said in a statement to the Bombay stock Exchange. - HCL Infosystems to raise Rs 847 cr via warrants issue, QIP - NEWSALERT: Vardhman Polytex to issue 2.5 million warrants - Gati to raise Rs 78.91cr via warrants issue - Sejal Architectural to raise Rs 220 cr via warrants, QIP - Ansal Infra to raise Rs 203 cr - HDFC raises Rs 4.3k cr in warrants, NCDs The company will also use the proceeds for part financing its working capital and debt repayment, it said. The company"s shares were trading at Rs 27.80, nearly 2.28 per cent lower than Friday"s close, at 12.43 pm.


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