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All firms to reduce medicine prices, orders Minister Tax benefit binds companies to make minimum cut of 4.58 per cent. ICICI Bank jacks up auto loan rates by 0.75 per cent The hike comes even before the RBI decided to increase statutory deposits. Sorting out the problems of mall-management A problem with malls is that there are areas that do not generate adequate traffic. Montek asks steel producers to hold prices Steel prices have increased by 50 per cent rise in the last one year. Biocon net up 7.5% in Q4 at Rs 65.30 cr The new division is being set up to focus on brand building. Ranbaxy enters into business alliance with Orchid The pact would establish a framework for enhanced future co-operation. TCS logs muted figures in Q4 TCS reported subdued performance for the fourth quarter of the last fiscal owing to difficult conditions in the US. Ranbaxy Q1 beats forecast; sees more growth Ranbaxy said it had built up a 14.7 % stake in Orchid Chemicals and Pharmaceuticals. Satyam Q4 net up 18 per cent at Rs 468 cr Satyam expects margins in the fiscal year ending in March '09 to remain flat. Nokia sales up, emerges as market leader The only European brand to make the top ten is communications company Nokia. Daimler, Hero to invest Rs 4,400 cr in JV As a part of the agreement, Daimler will invest Rs 1368 crore while the Hero Group will put in Rs 900 crore. Controlling inflation a big challenge: Kamal Nath Kamal Nath says state govts will have to take onus for controlling inflation. RSS URL: http://www.ibnlive.com/xml/rss/business.xml

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