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Popular Articles

10-day CAT exam to begin today
To avoid any kind of misuse or instances of cheating during the 10-day computerised Common Admission Test (CAT), which begins tomorrow, the Indian Institutes of Management (IIMs) have published a legal disclaimer which, if flouted by any student, can attract imprisonment and a fine.

Pfizer to source 40 off-patent cancer care drugs from Strides
Global pharma major Pfizer is to source source 40 off-patent (generic) cancer care products from Bangalore-based Strides Arcolab and sell the products in the United States.

News of the day

Only 800 of 65,000 H-1B US visa slots up for grabs
After months of low-key response, the H-1B visa scheme, which was once most sought-after among Indian professionals, is suddenly appearing to be in demand again, with just 800 of the 65,000 slots remaining vacant.
International Business

Kiri Dyes to raise Rs 150 cr via securities issue

Kiri Dyes and Chemicals today said it will raise up to Rs 150 crore through issue of securities in the domestic and international markets for expanding its business operations. - Curb on debt securities norms - Right time to scrap tax on share trading: ICICI Sec - Sebi brings in new delisting norms">Sebi brings in new delisting norms - FIIs favouring India; will keep investing: ICICI Sec - SEC charges Countrywide founder Mozilo with securities fraud - Ketan Parekh still active in stock market In a filing to the Bombay Stock Exchange, the company said its board will consider and approve to raise up to Rs 150 crore via qualified institutional placement, preferential allotment and foreign currency convertible bonds . The amount would be utilised to part finance the expansion and diversification projects of the company. Shares of the company surged 11.30 per cent at Rs 227.10 in the afternoon trade on the BSE.


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