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Zenotech moves CLB to oust Ranbaxy-appointed board members
Pharma firm Zenotech has approached the Company Law Board (CLB) seeking removal of two of its board members, appointed by Ranbaxy, alleging "operational mismanagement".

RIL, Ecopetrol ink pact for deep water blocks
Reliance Industries (RIL) today said its exploration arm has entered into an agreement with Columbian state-controlled oil company Ecopetrol SA for two deep water blocks.

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Govt to allow private funding in setting up universities
In a significant move, the government has decided to allow private funding in setting up some of the proposed 14 national universities, which would be of world class standards.
Small Business

KPIT Cummins net up marginally

KPIT Cummins today reported a marginal increase in its net profit at Rs 21.37 crore for the third quarter ended December 31, 2009. Net sales also witnessed a slight increase of 4.3% at Rs 184.7 crore on a quarter-on -quarter basis.


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