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Taro files lawsuit against Sun in US
Israeli drug firm Taro Pharmaceuticals has filed a law suit in a US district court against Mumbai-based Sun Pharmaceutical Industries alleging violation of non-disclosure agreement and misleading shareholders.

GJM demands Bill for Gorkhaland
The Centre should immediately table a Bill in Parliament for creation of Gorkhaland as it has decided to carve out a separate Telangana, the Gorkha Janmukti Morcha, spearheading an agitation for a separate state in West Bengal, said today.

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Ashok Leyland gains on jump in Q3 net
The stock extended gains to touch a high of Rs 55 - up 10% from the day"s low of Rs 50. It finally ended up 3.2% at Rs 52.
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Letters: Divided we fall I

Thanks to the Congress party blinking in the face of K Chandrasekhar Rao’s fast and declaring that it would support the creation of a Telangana state, an unprecedented crisis has been created. As many as 130 MLAs in the state assembly have already resigned, and it is possible there will be a similar move among the MPs. Thanks to the Telangana move, there are already protests from Rayalseema supporters. - Analysts" corner - Iffco aims to sell 5 lakh tonnes of fertilizers - Pratip Kar: More than compliance">Pratip Kar: More than compliance - Central team to visit Orissa to assess drought - Mixed week for Smart Portfolios - AV Rajwade: Insider trading">AV Rajwade: Insider trading There is nothing in the history of Indian states to suggest that smaller states fare better than larger ones, the only difference comes from the quality of leadership — Nitish Kumar would have run an undivided Bihar just as well and Lalu Prasad would have run a divided Bihar just as badly. Sanjay Gupta, New Delhi


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