Aurobindo Pharma, drug maker today said it has got approvals from US drug regulator for Stavudine capsules and Stavudine oral solution, which are used in the treatment of HIV-1 infection.

Phoenix Mills presently trades at Rs 75.90 down by 3.95 points or 4.95% from its previous closing of Rs 79.85 on the BSE.

A high degree of jerkiness, mingled with profit booking at earlier higher levels, sent the benchmarks sea-sawing back into the red. Sell-offs was noticed in banking, oil & gas, technology and healthcare sectors. Promising global cues could not hold the jittery movement of the domestic market on the last trading day of the calendar year 2008.

Recessionary trends impacts the Pune’s auto sector including thousands of small ancillary units that have suffered set backs in terms of reduced business.

Mobile tariffs are likely to decline in the coming year, as the telecom regulator TRAI today began review of various intra-operator charges including for calls landing in each other’s network.

India’s largest state-run oil refiner, Indian Oil Corp said it has begun commissioning a 102 kilometre oil pipeline in eastern India, which will cut its transportation costs.

Oil company ONGC said 97% of Imperial Energy shareholders had accepted its £1.3 billion ($1.89 billion) takeover offer and that it would now move forward with the deal which Imperial feared would fail.

VIP Industries presently trades at Rs 39.50, up by 2.25 points or 6.04% from its previous closing of Rs 37.25 on the BSE.

Specialty Papers is in the process to implement SAP ERP solutions to put in place a single integrated information system that will provide real time and precise information allowing the company to take accurate and timely decision-making.

NMDC presently trades at Rs 168.70, up by 2.80 points or 1.69% from its previous closing of Rs 165.90 on the BSE. The stock opened in the green at Rs 168 and has touched a high of Rs 172.90 and a low of Rs 165.60. So far, 19,636 shares were traded on the BSE.