Chennai, Aug. 15 : Tamil Nadu Chief Minister M. Karunanidhi on Friday promised that his DMK-led Government would implement the recommendations of the Sixth Pay Commission approved by the Union Cabinet to the satisfaction of all employees.

Unfurling the national flag and addressing the people from the ramparts of Fort St. George on the occasion of the country’s 62nd Independence Day here, Karunanidhi said orders to this effect would be issued shortly.

Chennai-based non-voice BPO service provider, Vishal Information Technologies got listed on the National Stock Exchange (NSE) at a discount of 13.33% at Rs 130 as against its issue price of Rs 150.

The scrip gained strength and touched an intra-day high of Rs 184. It also touched an intra-day low of Rs 125.60 thus far. The scrip was trading around Rs 177 and more than 10.81 lakh shares exchanged hands on the NSE.

Similar movement was seen on the Bombay Stock Exchange, where the scrip of the company got listed at Rs 150.

In order to cut costs of healthcare equipment and research for new vaccines in Chennai, government of India has decided to set up a medical technology park in the city.

The proposed park, which is being constructed on 300 acres of land, will be equipped with medical device manufacturing units, healthcare infrastructure and vaccine technology facilities.

The park is scheduled to be completed by 2012.