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Sensex ends up 74pts
The Sensex has ended (provisional) at 16,912- up 74 points.

No power tariff hike from GUVNL this fiscal
In a major respite to its 94 lakh consumers in the state, Gujarat Urja Vikas Nigam Ltd (GUVNL) or the erstwhile Gujarat Electricity Board (GEB), is learnt to have kept its power tariff unchanged for the fiscal 2009-10. It may be mentioned here that private sector power distributor Torrent Power Ltd has already proposed 15 per cent hike in power tariff.

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Dehoarding, selective import may help reduce inflation: Kaushik Basu
Measures like de-hoarding and selective import of certain items could help tame the soaring food inflation, said Kaushik Basu, chief economic adviser in the finance ministry.
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Novartis starts testing its swine flu vaccine

Swiss drugmaker Novartis has begun injecting its swine flu vaccine into people in the company"s first human tests, a spokesman said today. - Novartis loses battle for cancer drug patent - Novartis raises stake in Indian arm to 76.42% - Novartis says produces first batch of H1N1 vaccine - Novartis hikes open offer to Rs 450 - Novartis sweetens bid for India arm to Rs 450 a share - Novartis may revise open offer Markets extend losses in noon trades A person in Britain became the first to get the swine flu vaccine about 10 days ago, he said. Since swine flu was declared to be a pandemic, or global outbreak, by the World Health Organization in June, pharmaceuticals have been racing to get their vaccines ready. Last month, Australian drugmaker CSL became the first vaccine maker to start testing its vaccine in humans in Australia. "We initiated clinical trials about 10 days ago," Althoff said. Half of Novartis" vaccines being tested are grown in chicken eggs, the traditional way of making flu vaccines, while the other half use a new cell-based technology. The trial will test the vaccine"s safety and whether one or two shots are necessary. "Our assumption is that two doses will be required," Althoff said.


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