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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (6486)	9/8/1999 9:57:00 AM
From: JPR	Read Replies (1) \| Respond to of 12475

Mohan: hindustantimes.com Sonia says: Vajpayee is a traitor Asked why he had gone so offensive against Congress president Sonia Gandhi, much against his style, Mr Vajpayee said: "She has challenged my patriotism. She called me a gaddar ( traitor)." Asked whether Mrs Gandhi?s speeches were merely in retailiation to the personal tirade of the BJP leaders against her, Mr Vajpayee said: "Still, she cannot question my patriotism." expressindia.com Flash in the PAN (Plane) According to the letter, written by Lufthansa Cargo India (LCI) Managing Director & CEO J Matta, LCI flight LH 8523 was rocked by a ``big flash and explosion possibly due to a missile,' soon after it was advised by the Karachi airport radar, after take-off, to turn right on its flight path, perhaps because of other traffic. Pakistan's deputy high commissioner to India Akbar Zeb told The Indian Express: ``This is the first time I am hearing aboutthis. We have no information about it.' elections.timesofindia.com LUCKNOW: Vedic hymns and a propitiating fire preceded the filing of nomination papers by Prime Minister Atal Behari Vajpayee here on Tuesday. Three priests chanted prayers as Mr Vajpayee made offerings to Agni, the fire god, and broke a coconut, considered auspicious, before setting off in a triumphant procession to file his nomination papers at the Lucknow collectorate. The exact moment of signing the papers was carefully chosen and Mr Vajpayee managed to do so at the appointed hour.

To: Mohan Marette who wrote (6486)	9/8/1999 10:47:00 AM
From: Mohan Marette	Respond to of 12475

Ranbaxy Labs announces deal with Bayer AG,Germany. ranbaxy.com Stock price as of 9/8/99 On NSE=Rs. 1,132.00 On BSE=Rs. 1,126.00 Date: 9/8/99 3:24:17 PM (Probity Research) Ranbaxy announces deal with Bayer Ranbaxy Laboratories Ltd. signed a deal with Bayer AG, where Bayer has obtained exclusive development and marketing rights to an oral once a day formulation of Cirofloxacin, originally developed by Ranbaxy. Ranbaxy, has however retained marketing rights for India and CIS countries along with non-exclusive co-marketing and co-promotion rights for certain other markets, said a statement released by Ranbaxy today. Under the agreement Ranbaxy will receive success-related milestones, depending upon the speed and scope of the development, in excess of US$50mn and royalties payment from Bayer of up to 10% on sales, depending upon the patent and competitive situation for once daily Cipro in different country. Bayer?s Cipro (R) is one of the world?s largest selling antibiotic with annual sales of over DM 2.5bn in 1998. Ciprofloxacin was launched in 1986 as an oral tablet to be taken twice daily. Ciprofloxacin in intravenous formulation was launched in 1987 and as oral suspension in 1997. The new formulation, developed by Ranbaxy, needs to be taken only once a day and has extended release for enhanced compliance. Ranbaxy has several approvals in developed markets and is making significant progress in Novel Drug Delivery Systems and New Drug Discovery Research.