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Sensex ends down 108pts
The Sensex has finally ended (provisional) at 16,674 - down 108 points.

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Aurobindo to acquire Trident Life
Aurobindo Pharma Ltd, a manufacturer of generic pharmaceuticals and active pharmaceutical ingredients (APIs), is planning to acquire the entire stake in Trident Life Sciences Ltd (TLSL), a city-based clinical research organisation (CRO).

News of the day

IEP to invest Rs 100 crore in Gujarat
Private equity player, India Equity Partners (IEP) Fund Advisors Pvt. Ltd. is planning to invest around Rs 100 crore in the industrial water segment in the state of Gujarat. The company is in talks with one of the industrial water services player in Gujarat.
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Spinning it around

Environment Minister Jairam Ramesh neatly turned the tables on the BJP when it attacked the government using the comments made by David Axelrod, a key advisor of US President Barack Obama. Ramesh quipped, “Mr Axelrod is the Arun Jaitley of the Obama Administration. - India to unveil strategy for low carbon emission soon - 20-25% emission cuts by 2020 voluntary domestic commitment: min - Govt terms Axelrod as a "spin doctor" - US can challenge India if it fail to meet climate goals - Shifting the goal-posts - US Senate set to pass health care bill by Christmas He is their top spin doctor. He has tried to give a spin to this Agreement.” Axelrod had said the Copenhagen Accord would enable the US to “review” what China and India were doing and “challenge” the two countries if they did not meet those goals.


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