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Lupin buys cholesterol drug for $39 million
Buys US rights for Oscient Pharma"s Antara.

R-Infra to get Mumbai Metro-II tomorrow
Anil Dhirubhai Ambani Group company Reliance Infrastructure (R-Infra) will soon be the official owner of the second phase of the Mumbai Metro project. The state government and the company would sign a concession agreement for the Rs 11,000-crore project on Thursday, according to sources.

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Maruti Suzuki launches Eeco in Mumbai
India"s largest manufacturer of passenger cars, Maruti Suzuki launched Eeco, a multipurpose vehicle here.
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UTV Software Communications June qtr net loss at Rs 23 cr

Media company UTV Software Communications today reported a consolidated net loss of Rs 23.33 crore for the quarter ended June 30, 2009, against a net profit of Rs 19.88 crore in the same period last year. - UTV Software net profit declines 40% - UTV Software Comm Q4 net down 40% at Rs 11 cr - Oracle Financial Q1 net profit up 76% - Federal-Mogul Goetze June qtr net jumps two-folds at Rs 16 cr - M&M Q1 net surges 150% at Rs 400 cr on merger - Bajaj Electricals Q1 net up 64% at Rs 16 cr Total revenues declined to Rs 115.36 crore in the latest quarter, against Rs 137.07 crore in the same period last fiscal. Shares of UTV Software Communications were trading at Rs 424.50 on the BSE, down 0.61 per cent from the previous close.


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