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Submitted by insight95in on November 27, 2009 - 14:00

Market News & Trends

HOT FROM THE PRESS

* RANBAXY : launches the generic version of Glaxo Smithkline's blockbuster drug
 Valtrex (anti-herpes drug) in the US

* BANKS : Govt will provide Rs 50bn to public sector banks to beef up their
 capital.. this will be in addition to the Rs160bn provided by World Bank

* TATA POWER : 2Q consolidated PAT Rs 3.68bn v/s 5.28bn, Rev Rs 45.8bn v/s 46.4b

* SIEMENS : Sep FY09 PAT Rs 7.05bn v/s 6bn, Rev Rs 92.86bn v/s 96.8bn.. board

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