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ArcelorMittal's open offer for Uttam Galva from Dec 19
Global steel giant ArcelorMittal"s open offer for a 29.4 per cent stake in domestic company Uttam Galva will begin on December 19, according to a Bombay Stock Exchange (BSE) filing by the secondary steel maker.

Online CAT problems continue on Day 2
Technical problems and poor management continued on the second day of the computerised Common Admission Test (CAT) for admission to management institutes in the country.

News of the day

'Hot-rolled importers not following norms'
Steel producers facing pricing pressure are alleging that importers are circumventing import licensing requirements for hot-rolled (HR) products, which are included in the restricted list according to a Directorate General of Foreign Trade (DGFT) notification in November 2008.
Business Ideas

Pune hoping for herd immunity against swine flu

With the city earning the dubious distinction of having the largest number of swine flu victims in the country, a heavily burdened health care apparatus is banking on development of herd immunity to combat the pandemic. Confronted with an unrelenting spread of the virus in urban, semi-urban and rural areas in and around Pune which claimed its first swine flu fatality on August 3, the state health authorities are eagerly awaiting the findings of a research undertaken by National Institute of Virology (NIV) here on herd immunity.


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