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Andhra to invest Rs 160 crore for exploration
The Andhra Pradesh government, which won four oil blocks in the VIII round of the New Exploration Licensing Policy (Nelp) bidding on Monday, will invest about Rs 160 crore in oil and natural gas related activities over the next five years.

Avon to gain from nod to Ranbaxy's drug
The company will supply the main active pharmaceutical ingredient for Valtrex.

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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.
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NEWSALERT: SRF to consider buyback

SRF, a diversified company active in textiles, refrigerant gases, packing films and pharmaceutical intermediates, has said that it will consider a proposal to buy back the fully paid equity shares of the company in the forthcoming board meeting next week. - "Textiles exports seen at $90-100 bn in next 25 yrs" - Maran to visit Japan for promoting textiles industry - Textile industry attracts 50% more investments in FY"09 - Maran to led trade delegation to Japan - Explosion of middle class population,impetus to Tech.Textiles - Century Textiles gains on land development plan The Mumbai-based company"s shares on the Bombay Stock Exchange closed on Thursday at Rs 128.70, up 5.71 per cent.


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