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Jairam Ramesh to meet 'critical' emerging nations in Beijing
With the climate change talks in Copenhagen in December only a fortnight away, Jairam Ramesh, Minister of State for Environment and Forests, is flying to China to meet up with a few representatives of ‘critical’ emerging countries like Brazil and South Africa to arrive at a meeting point. He will leave on 27 November and return on 29 November.

Foreign pharma firms likely to beat Indian ones in developing vaccine
Despite the best efforts of Indian vaccine makers to develop the H1N1(swine flu) vaccine, Swiss drug major Novartis and Australian vaccine maker CSL may be the first ones to bag the orders from the central government for its supply.

News of the day

Madras HC halts Daiichi's open offer for Zenotech
Zenotech Laboratories today said the Madras High Court has ordered Japanese drug firm Daiichi Sankyo not to go ahead with the planned open offer for an additional 20 per cent stake in the pharma firm.
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HCL Infosystems Q2 net down 11% to Rs 59 cr

IT firm HCL Infosystems today reported a consolidated net profit of Rs 58.97 crore for the second quarter ended September 2009, a 10.77 per cent drop over the same period a year ago. - HCL Infosystem profit falls 11% at Rs 59 cr - HCL Info partners BSNL, Intel for WiMax-enabled devices - MS launches Windows 7, pre-loaded PCs start at Rs 15k - HCL Infosystems bags Rs 500-cr contract from Rajasthan - HCL Infosystems gains on QIB issue opening - Anil Ambani hits at rivals; says special auditor biased The income from operations declined to Rs 3,027.46 crore during the July-September quarter of the current fiscal, from Rs 3,098.45 crore in the corresponding period a year ago, HCL Infosystems said in a statement. The company said there was a decline in net profit due to a slowdown in demand. Further, the board has declared an interim dividend of 75 per cent at the rate of Rs 1.5 a piece, on shares of face value of Rs 2. Shares of HCL Infosystems closed at Rs 157.70, down 0.79 per cent over the previous close on the BSE.


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