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MP to challenge tax base for GST
Madhya Pradesh Finance Minister Raghavji has revised the tax collection estimates from GST, which is scheduled to be effective from April this year, and has put them at only Rs 14 lakh crore against the central government calculations of more than Rs 30 lakh crore.

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Moser Baer India Q1 net profit at Rs 2.76 cr
Moser Bear India, an optical storage manufacturer, posted a net proft of Rs 2.76 crore for the first quarter ended June 2009 as compared to net loss of Rs 103.98 crore for the quarter ended June 30, 2008.
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Opto Circuits' US arm signs multi-year supply contract with US firm

Bangalore-based maker of medical diagnostic equipment, Opto Circuits (India) Ltd (OCI), today announced that its US-based subsidiary, Criticare Systems Inc (CSI), has forged a multi-year original equipment manufacturing contract with another US company to privately label its anaesthesia monitor for the US firm. - Lunch with BS: Anand Burman">Lunch with BS: Anand Burman - Wockhardt hospitals to get re-branded as Fortis group - "Healthcare opportunities not fully explored" - US beckons Indian IT giants - Fortis receives Sebi nod Rs 997 cr rights issue - Criticare Systems enters into agreement with European firm The agreement leverages CSI"s anaesthesia gas monitoring technology in applications that involve the calibration and maintenance of anaesthesia equipment in some of the hospitals in the United States. CSI is an international medical device company that develops, manufactures and markets patient monitoring and anaesthetic gas analysis products. Opto Circuits acquired CSI in April 2008.


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