SAIL, Tisco hike steel prices
Calcutta: Steel majors Steel Authority of India Ltd and Tata Iron and Steel Company have raised the prices of steel across the board and cut rebates. Steel prices will be up by Rs 1,000 per tonne on an average.

This is for the first time in the financial year 1999-2000 that steel prices have been hiked across the board. Earlier price increases applied to specific items like hot tolled coils and plates. The present price increase will be effected either by increasing listed prices or slashing discounts, or a combination of both, the steel companies’ officials said.

Global steel prices have increased 30 to 40 per cent over the last six months.
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Cadila plans health portal
Ahmedabad: Zydus Cadila Healthcare is setting up a medical help portal to provide all important information required by medical professionals, students and the public. A team led by managing director Pankaj Patel and group president Ganesh Nayak will implement the project.

The portal will carry details of new drugs available all over the world and research findings. It will also give a list of 24-hour drug stores in India. The site has been named dialforhealth.com.
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Infosys denies PSL takeover report
Mumbai: Infosys Technologies said it has no plans to take over Bangalore-based PSI Data Systems. The company dismissed reports in the media as unfounded rumours. There is no such corporate action contemplated by the company, its managing director and chief operating officer Nandan M. Nilekani said in a statement.
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