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D.e.m. clones
Trapped by the Inca! For violating the sacred temple! Tied to stakes atop a pyre which will soon be lit by the rays of the sun, concentrated by a lens! But why does Tintin look so calm? Ah, it is because he knows something these colourfully dressed Incas don’t: there is going to be a solar eclipse. Tintin calls out to the sun to hide his face, and lo and behold! the god obeys. Tintin and his friends are saved; nay, they are treated as demigods by the hapless Incas.

MPSEZ receives LOI for developing non-LNG port
Mundra Port and SEZ Ltd (MPSEZ) has been awarded letter of intent (LOI) by Hazira Port Pvt Ltd. (HPPL) for development of non-LNG port facilities at Hazira.

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Coal and Oil Group to invest $300 mn to buy ships and acquire coal mine
Coal & Oil Group is planning to invest around $300 million (around Rs 1,500 crore) to buy new ships and to acquire coal mines. The company is planning to invest the money to support its customer coal requirements in India and to meet its captive requirement for the upcoming project Rs 4,300 crore power at Tuticorin.
Business Ideas

Glenmark Pharma Q2 net dips 31% to Rs 81 cr

Drug maker Glenmark Pharmaceuticals today reported 31 per cent drop in its consolidated net profit at Rs 80.88 crore for the second quarter ended September 2009. - Aurobindo gets SA regulator"s nod to market drugs - Glenmark Generics files IPO prospectus with Sebi - Glenmark raises Rs 413 cr in QIP - Natco to make 10 mn strips of generic Tamiflu available by Oct - Glenmark plans to raise Rs 300-350 cr through QIP - Glenmark"s drug fails clinical trials Total income rose to Rs 616.56 crore during the quarter from Rs 604.21 crore against the year-ago period, Glenmark said in a filing to the Bombay Stock Exchange (BSE). "Sales growth across most regions for the quarter has improved. The India formulations business and the US generics business performed well during the quarter," Glenmark Pharma CEO & MD Glenn Saldanha said. The company"s sales from formulations business in India increased 18 per cent to Rs 184.26 crore, while the revenue from the US generics business rose to Rs 177.11 crore from Rs 176.13 crore in the same period last fiscal. "For the remaining part of the year, we expect demand conditions to further improve across all our operating regions. While the US Generics and the India formulations business should continue to grow, the remaining regions are also expected to register good growth rates," Saldanha added. During the period, Glenmark"s revenue from Africa, Asia and CIS (Commonwealth of Independent States) grew 14 per cent to Rs 80.22 crore. On a stand alone basis, Glenmark Pharma posted a net profit of Rs 57.50 crore for the September quarter, a 14.03 per cent drop over the year-ago period. Shares of Glenmark Pharma were trading at Rs 220, down 0.18 per cent over previous close on the BSE.


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