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Recently, it was reported that the public sector Indian Bank has revised the Benchmark Prime Lending Rate (BPLR) and increased the rates by 0.25% with immediate effect. The Chennai-headquartered bank has revised its BPLR from 14.25% to 14.50% per annum. In a bank statement, it was told that the base rate has been revised by 0.25% from the existing rate of 10% to 10.25% per annum with immediate effect.

Dr Reddy's Laboratories and Brisbane-based Alchemia Ltd publicized that the US Food and Drug Administration (USFDA) has finally sanctioned the launch of their Fondaparinux Sodium injection.

These injections are a bioequivalent standard version of Arixtra and on July 11, they will be entering the US market as the company-supply was 3 %higher.

The shares of steel fabrication firm, Readymade Steel India, were listed on the Bombay Stock Exchange today at Rs. 115 per share. The shares rose about 6.48% from their issue price of Rs. 108 a share on the BSE in the opening trade. Readymade Steel had already raised Rs. 34.75 crore through the IPO.

Soon after the listing, the shares of the Company came under heavy pressure and declined 36.5% from the issue price when markets closed and were traded at Rs. 68.55.

More and more land in Gujarat is becoming cultivable with each passing day, for which Gujarat has been ranked topped among all the other states in the country.

“Revolutionary steps like investment in agricultural infrastructure to improve irrigation system, employment of latest technologies and establishment of a dedicated power grid to ensure regular power supply for agriculture sector has contributed to agricultural growth in Gujarat,” said DS Rawat, Secretary-General at Assocham.

A ten year deal has been signed between Bharti Airtel and IBM, under which IBM will put in its best efforts to serve its employees with a professional atmosphere and better efficiency.

According to the deal, IBM employees across 16 African countries will be now enjoying IT solutions along with standard operating environment, help desk and desk side support, end-user services (especially in French and English for employees in Airtel Africa) etc.

After many complaints from the Eating Disorder Charity, Topshop is reported to have finally removed the picture of the anorexic looking model, 18-year-old Codie Long from their website.

Also, the image which has now been replaced with another picture of hers was said to have a negative influence by encouraging anorexia in teenagers.