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Sebi sets new client-broker guidelines
In a move to bring greater transparency and discipline among market participants, the Securities and Exchange Board of India (Sebi) on Thursday put out mandatory requirements related to dealings between investors and stock brokers (including trading members). The move gives brokers the right to take actions against clients. The deadline for implementing the norms is March 31, 2010.

Bayer in talks to ink drug research deal
Bayer Schering Pharma — a group company of German multinational Bayer — has joined the list of multinational drug majors attempting to tap India’s capabilities in drug research.

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BJP stakes claim for Oppn Leader's post in Maharashtra
The BJP, which got two more seats than ally Shiv Sena in the Maharashtra Assembly poll, has staked claim on the post of the Leader of Opposition in the Assembly, held by the latter for the last 10 years.
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Ambuja Cements Oct production at 15 lakh tonnes

Cement-maker, Ambuja Cements, today said that its cement production in October stood at 14.98 lakh tonnes as against 14.51 lakh tonnes in the year-ago period. - Core sector growth in September dips to 4% - RIL stock sinks 4% on dry gas well - Rice output to slump by 16 mn tonnes: FM - Karnataka sugar output may rise 12% - Demand for cement falls in export market - K Sera Sera Q2 net jumps two-fold to Rs 39.5 cr Its despatches in October stood at 14.64 lakh tonnes as against 14.21 lakh tonnes in the year-ago period, a release issued here said. For the period January-October, production stood at 155.88 lakh tonnes as against 146.53 lakh tonnes, while despatches were 155.54 lakh tonnes as against 146.15 lakh tonnes, the release said.


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