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New India Co-Operative Bank's board election on September 24

Mumbai, Sep 13 (UNI) The elections to the Board of Directors of New India Co-Operative Bank will be held on September 24.

A bank release here said the elections would be held under the supervision of the Central Co-operative Registrar, Government of India.

The bank, founded by former Defence Minister and Member of Parliament George Fernandes, has grown into a multi-state co-operative bank, with 20 branches spread across Maharashtra and Gujarat. It has a working capital of Rs 900 crore, the release added.

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Court defers till tomorrow arguments on punishment to convict Memons

Mumbai, Sep 13 (UNI) A TADA court today adjourned till tomorrow hearing of arguments on the quantum of punishment to be given to the four members of Memon family found guilty of involvement in the 1993 serial bomb blasts which had claimed 257 lives. TADA court judge Pramod Kode will also pronounce tomorrow verdict on the fate of Zaveri Bazaar blast accused Mohammed Sohaib Ghansar. He is listed as accused number nine in the.....

India Inc announces $149 bln dollar investment in last 2.5 months

New Delhi, Sep 13 (UNI) Reflecting the robust growth of the economy, India Inc today announced a whopping Rs 6,72,000 crore investment made by companies across all sectors, in the last two-and-a-half months, an Assocham Eco Pulse (AEP) Study revealed. Among the states that have reported an increase in investments, is Karnataka which emerged as the most favourite state for Corporate India, by announcing investment worth Rs 63,000 crore, most of which shall go.....

Ranbaxy invalidates Pfizer 281 patent in the Netherlands

Gurgaon, Sep 13 (UNI) Ranbaxy Laboratories Limited (Ranbaxy) today announced that the District Court of the Hague has handed down a decision in Ranbaxy's case against (Pfizer) Warner-Lambert over the cholesterol-lowering drug, atorvastatin, which is marketed by Pfizer as Lipitor(r). Lipitor(r) is a registered trademark of Pfizer. The three-judge panel held that (Pfizer) Warner-Lambert's European Patent 409 281 was invalid in the Netherlands. However, Ranbaxy's atorvastatin product was ruled to infringe the broadest.....
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