Mumbai, Sep 8 – Piramal Healthcare Wednesday announced it has concluded the first part of its $3.72-billion deal to sell its domestic formulations business to Illinois-based Abbott Healthcare.
In a regulatory filing with the Bombay Stock Exchange (BSE), Piramal Healthcare, which owned popular brands such as Phensedyl, Paraxin and Pentids, said the sale include 350 trademarks,

New Delhi, Sep 8 – The number of mobile subscribers in the country crossed the 652.42 million mark in July, with the addition of 16.92 million connections, official data show.
According to the Telecom Regulatory Authority of India (Trai), the wireless user base grew 2.66 percent to 652.42 million in July from 635.51 million in the

Shimla, Sep 8 – Fruit bats, which play a critical role in controlling pests, have become a menace in the Jubbal-Rohru belt in the upper Shimla region of Himachal Pradesh, destroying a ripe apple crop.
Bats leave claw marks on most of the fruits, making these unfit for human consumption.
Roshan Lal Manta, an apple grower in

New Delhi, Sep 7 – The Travel Agents Association of India (TAAI) Tuesday launched a new software system that will streamline the booking arrangements between consumers and travel agents to facilitate quicker and smoother planning of tours.
‘This software will act as a search engine that will facilitate the planning of a tour for the customer.

Chennai, Sep 7 – The central government is planning to route developmental funds through panchayats in order to wean people away from Maoism and prevent youth from joining the rebels, Minister of State for Planning and Parliamentary Affairs V.Narayanasamy said Tuesday.
This was discussed at a meeting of te Planning Commission chaired by the prime minister

New Delhi, Sep 7 – The Bharatiya Mazdoor Sangh (BMS), with a leaning towards the Sangh Parivar, did not take part in the all-India strike Tuesday called by the Left and Congress-backed trade unions as it wanted the protest to be organised in November, a top leader said.
‘Not that we are against any of the

New Delhi/Kolkata/Mumbai, Sep 7 – India’s economy suffered losses worth thousands of crores Tuesday as a 24-hour strike called by eight trade unions against rising prices and privatisation hit life in parts of the country, particularly Left-ruled states including West Bengal where one person was killed. One of the trade unions warned of more such