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Caplin Point shareholders to approve May Labs merger on Nov 27

New Delhi, Nov 7 (UNI) Caplin Point Laboratories today said its equity shareholders will on November 27 consider the proposed merger between May (India) Laboratories Pvt Ltd and the company.

''Pursuant to the order of the High Court of Judicature at Madras a meeting of the equity shareholders of the company will be held on November 27, 2006, for the purpose of considering and if thought fit, approving, arrangement embodied in the Scheme of Amalgamation between May (India) Laboratories Pvt Ltd and the company and their respective shareholders,'' a statement said.

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Bengal's sponge iron industry in crisis

Kolkata, Nov 07 (UNI) Increase in raw material prices has led to crisis in the sponge iron industry in West Bengal. The operational loss of the sponge iron industry has reached Rs 1200-1400 per ton owing to the higher input costs, West Bengal Sponge Iron Manufacturers Association president Gouri Shankar Jain said. The state produces two million ton of sponge iron from 44 units which in turn produces 1.8 million ton of steel, Mr Jain.....

Japanese Encephalitis toll mounts to 320

Gorakhpur, Nov 7 (UNI) The deadly vector-borne Japanese Encephalitis (JE) continued to kill unabated in eastern Uttar Pradesh with the toll mounting to 320, following six more deaths in the last 24 hrs. Joint director health Dr Umakant Prasad said 1,683 JE patients had been admitted at the Baba Raghav Das Medical College here. Almost 80 patients including 18 fresh cases are still under treatment. The JE patients belong to Gorakhpur, Maharajganj, Siddharthnagar, Deoria, Kushinagar,.....

Islamic Economic Forum seeks OIC support

Islamabad, Nov 7: The World Islamic Economic Forum (WIEF) has asked the Organisation of Islamic Conference (OIC) to provide full support to the forum for expanding business, investment and economic activities and cooperation in the Islamic countries.The declaration, adopted at the conclusion of the three-day forum, said the OIC countries must continue their efforts for creating a conducive environment for business, investment and economic growth through regular dialogue, consultations and partnerships with the private sector.Organised by the.....
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