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Sun to contest Taro's lawsuit in US district court
Sun Pharmaceuticals Industries today said it will contest the lawsuit filed by Taro Pharmaceuticals in the US district court, terming the case as an attempt to divert resources by the Israeli drug firm.

New date for GST rollout to be known in April
It is official. The much-anticipated Goods and Services Tax (GST), which will replace most of the indirect taxes levied by the Centre and states, will not be introduced from the targeted date of April 1.

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Better be wooden
The most famous door in Udyog Bhawan has been taken off its hinges and is not to be seen any more. A glass door was installed by Jairam Ramesh during his stint as the junior commerce minister in the previous UPA regime. However, the new occupant of the room — Jyotiraditya Scindia — prefers a more private work place and a conventional door. The room is undergoing extensive renovation. For a few days, the glass door was lying in front of the room while everything inside was taken off (including the paint).
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Sensex regains 17K mark

The Sensex has now re-gained the 17,000 mark and is now at 17,007, up 376 points. The NSE Nifty is at 5,061, up 119 points. Jaiprakash Associates, Bharti Airtel, Tata Power and ICICI Bank added over 2.5% each at Rs 221, Rs 292, Rs 1,361 and Rs 874, respectively. The other prominent gainers include Mahindra & Mahindra, HDFC, ONGC, DLF and TCS, up 2% each. All the sectoral indices are now in green, the metal index has soared 3% to 16,241, followed by realty and TECk indices, up over 2% each. The market breadth is positive, out of 2,523 shares traded, 1,903 have advanced and 559 have declined on the BSE so far.


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