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Suven Life's drug discovery achieves milestone
Hyderabad-based biopharmaceutical company Suven Life Sciences Limited announced that its drug discovery collaboration in central nervous system (CNS) disorder with the US-based Eli Lilly and Company yielded a positive outcome with lead declaration leading to a milestone payment to Suven.

IOC hires banks for first overseas bond sale
Indian Oil Corp, the nation’s largest state-owned refiner, hired HSBC Holdings Plc, Standard Chartered Plc and Deutsche Bank AG to help it raise $500 million from its first overseas bond sale.

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Tata to compensate Singur vendors' losses
To make up for 80% of losses incurred by component suppliers
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Gold futures trade low on reduced offtake

Gold futures prices traded lower by 0.27 per cent today on reduced offtake at existing higher levels. - Silver futures extend gains on global cues, spot demand - Gold touches new high of Rs 16,120 - It"s discount season in jewellery mart - Gold at Rs 50 discount on weaker dollar - The pound without a G-string - Sooner or later At the MCX, gold for December contract fell by 0.27 per cent to Rs 15,999 per ten gram with an open interest in 13,883 lots.Similarly, gold for delivery in February contract lost 0.23 per cent at Rs 16,007 per gram with an open interest in 1,619 lots. Marketmen said reduced offtake at existing higher levels led to fall in gold prices at futures market.


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