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Zenotech wants independent valuation for Daiichi open offer
Zenotech today asked Japanese drug firm Daiichi Sankyo, whose open offer to buy 20 per cent more in the bio-technology firm hit legal hurdles, to go in for independent valuation to determine open offer price.

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No sign of pension reforms in 2009
Pension reform remains among the unfinished agenda of the UPA government in 2009 even as it gave every citizen an option to get an old age safety net for the first time in Indian history.

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Police question Bindra's father in cheating cases
Delhi Police today questioned Olympic gold medalist Abhinav Bindra"s industrialist father in connection with two cases of cheating, for which he was arrested 24 days ago.
Public Relations

IOC appoints three merchant bankers

State-run Indian Oil Corp (IOC) has appointed three merchant bankers for its maiden overseas bond issue of $500 million (Rs 2,325 crore). - IL&FS Investsmart to discontinue insurance broking biz - IOC wants 50,000 acres for biofuel cultivation in UP - Manufacturing in dec at 7-month high, PMI shows - Manufacturing reaches top in 7 months, says HSBC study - Add debt for portfolio stability - Yodlee"s account aggregation software powers Artha Money IOC has appointed HSBC, Standard Chartered and Deutsche Bank for the issue likely this year, official sources said here. The company has not decided on the exact timing of the issue, which would go to fund its capital expenditure requirement.


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