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Boston Scientific reaches $1.73 bn patent settlement with J&J
US medical devices maker Boston Scientific Corp today said it will pay $1.73 billion to settle three patent disputes with healthcare firm Johnson & Johnson (J&J). http://smallpersonalloans.org.uk

Markets end flat
The indices closed flat for the third consecutive session. In line with its Asian peers, the Sensex was down nearly 200 points in opening trades. But a recovery in the Japanese markets engineered a turnaround on Dalal Street. The Sensex finally ended at 16,356, lower by one point, and the Nifty closed at 4,906, up 24 points. Consumer durables, IT and auto sectors traded firm, while FMCG and banking were sluggish.

News of the day

Irda mulls Fee cap on traditional policies
IPO guidelines next month; derivatives products on cards.
Management

Yash Raj Films to make TV content for Sony Entertainment

Yash Raj Films (YRF) has formally announced its entry into the television space, by joining hands with Sony Entertainment Television (SET), a leading Hindi genereal entertainment channel. As part of the deal, YRF will produce exclusive fiction and non-fiction content for SET. - "New York" sets the cash registers ringing - Bollywood says "no shooting" in Australia - SC issues notice to SET Satellite Singapore on tax issue - SET to launch 5 new programmes, launches new campaign - SET MAX sells nearly 80% of on-air advertising slots - Sony biz head is 2nd top head to quit in fortnight Industry sources said YRF had begun work on at least four shows for SET. Yash Chopra, chairman, YRF and Man Jit Singh, CEO, SET, announced the collaboration. Man Jit Singh, CEO, SET, said: “We’re thrilled and delighted to be working with Aditya Chopra and the talented team at YRF to create exceptional television content, which will be contemporary and engaging for audiences in India.” Yash Chopra said: “Yash Raj Films has been at the forefront in making feature films for almost four decades. We have created our own space with the efforts of a wonderful team. This collaboration gives us an opportunity of producing television content that we believe in and shows that will engage and entertain the large television audience in India.”


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