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Emami: Betting on homeopathy
Kolkata-based Emami, the Rs 2,200-crore fast moving consumer goods major, is on the lookout for local homeopathy companies, even sick units will do. Emami had acquired Kolkata-based M Bhattacharyya & Co, one of the country’s earliest homeopathy companies, three years ago. http://smallpersonalloans.org.uk

Industry starts pre-Budget talks with FinMin
Industry lobbies have begun pre-budget consultations with the Union finance ministry for 2010-11. Representatives of the Confederation of Indian Industry (CII) and the Federation of Indian Chambers of Commerce and Industry (Ficci) met revenue secretary P V Bhide to discuss the coming budget.

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'Defence must give DoT 3G spectrum'
Can deliver revenue by February if auction goes smoothly, he tells FM in letter.
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Panacea hits 5% upper circuit on Unicef order

Panacea Biotec settled up 5% at its upper circuit limit of Rs 183. The counter clocked a volume of 11,424 shares as against its two-week average trades of 19,885 shares. __________________________________________________________________ Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit Panacea Biotech has soared to its 5% upper circuit on a Rs 1,000 crore order from Unicef. The stock opened at its 5% upper circuit of Rs 183 and is currently locked at this level. Over 10,072 shares have been traded on the counter so far, with 20,822 buy orders pending. The stock has soared 17% in the past week itself. The company has bagged a three-year contract from Unicef for supplying its Easy-Five vaccine. The order is worth Rs 1,000 crore. The vaccine is used for immunising children against five diseases - Diptheria, Tetanus, Pertussis, Hepatitis B and Hemophilus Influenza.


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