TATA group owned TATA Steel has bought 19.9 percent stake in New Millennium Capital, a leading Canadian miner which deals in exploration and development of iron ore properties. 

The company controls 9.1 billion tonnes of NI 43-101 taconite mineral resources in Canada and is listed with TSX Venture Exchange. The deal worth Rs 106 crore was signed between Tata Steel Global Minerals Singapore and New Millennium on Wednesday.

Washington, Oct 3: Fossils excavated in Pipestone Creek, Alberta, Canada, have revealed a new dinosaur species that perished in a catastrophic event 72.5 million years ago.

The animals are characterized by a bony frill on the back of the skull ornamented with smaller horns. They also had large bony structures above their nose and eyes which lends them their name: Pachyrhinosaurus (thick-nosed lizard).

These structures probably supported horns of keratin.

According to Dr. Philip Currie, renowned palaeontologist and Canada Research Chair of Dinosaur Palaeobiology from the University of Alberta who was involved in the excavation, Northwest Alberta was not previously known for dinosaur material.

Tata Steel, the world’s sixth-largest steel maker has informed that its Singapore-based wholly owned indirect subsidiary ‘Global Mineral Holdings’ has entered into a binding agreement with New Millennium Capital Corporation (NML).

Canada-based NML is a publicly owned mining company, which involves in exploration and development of iron ore properties. It operates 9.1 billion tonnes of NI 43-101 taconite mineral resources – 6.9 billion tonnes measured and indicated and 2.2 billion tonnes inferred.

In what was seen as a major breakthrough for the Piramal Group of Companies, the Piramal Life Sciences, a part of the group got an approval from the Regulatory Authority to commence with its Phase I activity on a new cancer molecule P-1446A-05 in Canada.

The new cancer molecule is an orally active compound which is developed in order to treat advanced cancer. It is a CDK-4 inhibitor and has higher oral bioavailability. The drug provides an edge over others as it can be given orally to the patient thus reducing hospital costs.

Scientists on Thursday informed that they have been successful in tracing the

CFIA (Canadian Food Inspection Agency) at Ottawa has warned people prone to allergies due to egg, milk, and soy, to not consume certain products produced, by Baltic Bread Products of Hamilton. 

Baltic Bread bakery products with expiring dates up to and including Sept. 21 2008 are of major concern, as most of these products contain egg, milk and soy which are not displayed on the label.