In a formal announcement, one of the leading financial services groups of India, Religare Enterprises (REL), confirmed that it has agreed to acquire Lotus India asset management company (Lotus India AMC) from its majority shareholders - Alexandra Fund Management and Sabre Capital.
Informing the Bombay Stock Exchange of the intended proceedings, REL said that its board of directors has approved a proposal to discuss, negotiate and finalize the terms for acquiring 100 per cent or majority equity shareholding of Lotus.
Caraco Pharmaceutical Laboratories, the Detroit-based generic subsidiary of Sun Pharmaceuticals Ltd., has been issued a letter of warning by the US Food and Drug Administration (FDA), and all its future marketing approvals for medicines have been withheld due to some quality-control issues.
This action of the US regulator comes in the wake of certain technical inadequacies identified by it during a May 2008 inspection. The FDA considered some of its observations to be repeat observations, and hence issued the warning letter.
Akhilesh Prasad Singh, Union Minister and Rashtriya Janata Dal MP, allegedly assaulted the station manager of Kingfisher Airlines at Patna Airport on Monday. The incident took place when he was not allowed to board Patna-Kolkata flight, as he reported late at the airport.
At a meeting in Chennai on Monday, Rajnikanth's fans were waiting eagerly to hear his decision that he, their 'Thalaivar', had decided to take the plunge into politics - expectation and excitement among them is very high about whether or not he will enter politics.
The actor, who had faced some heat from his fans for his ambiguous stand on politics, sent out mixed signals still another time, saying that he was "yet to acquire the skill to guide others," but he also quickly added that "if God tells me tomorrow, I will."
The latest James Bond flick, 'Quantum Of Solace', has smashed box office records on its opening weekend in the UK - taking £15.5m in three days. According to industry journal Screen Daily, Hollywood actor Daniel Craig's latest outing as James Bond took a further £14.2m in France and Sweden.
In a formal announcement, one of the leading financial services groups of India, Religare Enterprises (REL), confirmed that it has agreed to acquire Lotus India asset management company (Lotus India AMC) from its majority shareholders - Alexandra Fund Management and Sabre Capital.
Caraco Pharmaceutical Laboratories, the Detroit-based generic subsidiary of Sun Pharmaceuticals Ltd., has been issued a letter of warning by the US Food and Drug Administration (FDA), and all its future marketing approvals for medicines have been withheld due to some quality-control issues.
Akhilesh Prasad Singh, Union Minister and Rashtriya Janata Dal MP, allegedly assaulted the station manager of Kingfisher Airlines at Patna Airport on Monday. The incident took place when he was not allowed to board Patna-Kolkata flight, as he reported late at the airport.
At a meeting in Chennai on Monday, Rajnikanth's fans were waiting eagerly to hear his decision that he, their 'Thalaivar', had decided to take the plunge into politics - expectation and excitement among them is very high about whether or not he will enter politics.
The latest James Bond flick, 'Quantum Of Solace', has smashed box office records on its opening weekend in the UK - taking £15.5m in three days. According to industry journal Screen Daily, Hollywood actor Daniel Craig's latest outing as James Bond took a further £14.2m in France and Sweden. 
