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BSE to also offer MF trading from Friday
The Bombay Stock Exchange (BSE) on Tuesday said it would launch a trading platform for mutual fund (MF) units on December 4. The move comes a day after the National Stock Exchange (NSE) launched a similar platform. Central Depository Services Ltd will be the BSE’s depository partner.

Import rules take effect on security-risk cellphones
The commerce ministry has prohibited import of mobile phone handsets (classified under ITC (HS) Code ‘8517’) without International Mobile Equipment Identity (IMEI) number or with all zeroes’ IMEI, with immediate effect from October 14, 2009. Import of ‘CDMA mobile phones’ (classified under ITC (HS) Code ‘8517’) without Electronic Serial Number (ESN)/Mobile Equipment Identifier (MEID) or with all zeroes as ESN/MEID is also prohibited with immediate effect from the same date.

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Crisil downgrades ratings of Glenmark Pharmaceuticals
Rating agency Crisil today said that Glenmark Pharmaceuticals" rising debts have strained its financial health and downgraded the working capital loan and cash credit ratings of the drug maker.
Management

Two more die of swine flu

Two persons died of swine flu today taking the total deaths to four in Andhra Pradesh. - AIG of drugmakers, Pfizer is too big to be guilty - Local response to a global spread - Making the grade - "Don"t deny people of Andhra Pradesh their due share' - Cut off date on entry loads - A more disciplined approach A 38-year old woman died at Government Chest Hospital in here after midnight due to acute respiratory distress. She was on ventilation since August 29. She earlier took treatment at a private hospital in the city and was later shifted to Chest Hospital after her condition worsened. Also, a 30-year old woman, identified as Lakshmi and native of Kadapa district, died in the early hours on Saturday. She was admitted to Global Hospital at LB Nagar here on August 25. Both of them did not have any travel history. So far, 207 swine flu cases have been tested positive in the state and reports of 20 others are awaited, according to Dr Subhakar, Chest Hospital coordinator.


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