RIL to foray into Mexico
In advanced negotiations with Pemex; may offer multi-service contract to RIL for its Chicotopeck oil field.
Govt to clamp down on tax defaulters
High-spenders to come under the scanner based on annual returns
Preferential allotments get cheap
Promoters enrich themselves with preferential allotment of equity shares/warrants; Legally there is nothing wrong in preferential allotment at discounted price.
Pharma to end fiscal on healthier note
For the nine-months ended December 2005, net sales of 50 large pharma companies (excluding companies like Ranbaxy and Wockhardt) went up by 23.1% while net profit moved up 38%.
