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ICAI to hear out PW auditors before passing any order
Accounting regulator Institute of Chartered Accountants of India (ICAI) today said it would give auditors of Price Waterhouse (PW) in the Satyam scam a chance to present their side before passing any order against them.

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Daiichi full-year losses narrow down to $2.2 bn
Japanese drug maker Daiichi Sankyo, which has a controlling stake in Indian pharma major Ranbaxy Laboratories, has narrowed its full-year losses at 215.59 billion yen (about $2.2 billion) on account of changes related to accounting guidelines in Japan.

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Opto Circuits gets CE nod for drug sale
Life Sciences technology firm, Opto Circuits, a wholly-owned subsidiary Eurocor has received Communite European (CE) approval to market and sale its Drug Eluting Stent- Taxcor Plus in the world markets.
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FIIs net sellers of Rs 495 cr in cash mkt today

Foreign institutional investors (FIIs) were net sellers of Rs 494.66 crore (provisional) today, according to data released by BSE. - FIIs net bought Rs 490cr in F&O on Friday - Volatility up, prices down - Sensex falls, then rebounds on policy - DIIs net buyers of Rs 1,011 cr in cash mkt today - FIIs net bought Rs 2067 crore in F&O on Thursday - FII-TO-FII TRADES: PNB traded at 5% premium While FIIs made gross purchases of Rs 2,035.96 crore, gross sales totalled Rs 2,530.62 crore. Domestic institutional investors (DIIs) were net buyers of Rs 199.83 crore today. While DIIs made gross purchases of Rs 1,130.61 crore, gross sales totalled Rs 930.78 crore. FIIs were net buyers of Rs 197.50 crore on Friday, January 29, according to data released by Sebi today. While FIIs made gross purchases of Rs 3,940 crore, gross sales totalled Rs 3,742.60 crore. Mutual funds (MFs) were net buyers of Rs 636.20 crore on Friday. MFs made purchases of Rs 1,329.60 crore and sales of Rs 693.40 crore.


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