Business & Finance

Sensex Round Up: Sensex Closes 192 Points lower

November 26, 2010

A benchmark index of Indian equities markets Friday closed 192 points lower as selling continued, especially in real estate stocks over the bribery scam involving senior officials of financial institutions and some real estate developers. The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 19,391.96 points, closed at 19,125.60 (provisional) [...]

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What is Mobile Number Portability (MNP)?

November 25, 2010

MNP is implemented in different ways across the globe. The international and European standard is for a customer wishing to port his/her number to contact the new provider (Recipient) who will then arrange necessary process with the old provider (Donor). This is also known as ‘Recipient-Led’ porting. The UK is the only country to not [...]

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Mobile Number Portability Introduced in Haryana

November 25, 2010

Mobile phone subscribers in Haryana will be the first in the country to be able to retain their mobile numbers even after shifting to another service provider as Mobile Number Portability (MNP) service will be launched in the state Thursday. The service will be launched in Haryana’s Rohtak district by Chief Minister Bhupinder Singh Hooda. [...]

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Dr Reddy’s Acquires US-Based Oral Penicillin Facility

November 24, 2010

Pharmaceutical major Dr Reddy’s Laboratories Wednesday said it has entered into an agreement with GlaxoSmithKline (GSK) for acquiring its oral penicillin facility. According to a regulatory filing by the company, GSK will transfer ownership of its oral penicillin manufacturing site in Bristol, Tennessee. The company will also get the rights for the augmentin and amoxil [...]

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