Biz Briefs

Jul 27, 2010 |

Correspondent

Opto Circuits India, a developer and maker of patient monitoring systems, on Tuesday said it has fully acquired US-based Unetixs Vascular for $ 9.7 million (about Rs 45 crore) in an all cash deal.

Oil prices inched higher in Asian trade on with investor Tuesday by worries about US and eurozone economies, analysts said. New York’s contract for September touched $79.06 per barrel.

Pharmaceutical firm Jubilant Organosys on Tuesday reported a 50.14 per cent decline in consolidated net profit at Rs 62.73 crore for the quarter ended June 30, as compared with the same period a year ago.

FMCG company Jyothy Laboratories on Tuesday reported a 16.96 per cent jump in net profit
to Rs 25.7 crore for the quarter ended June 30, Jyothy Labs said in a filing to the Bombay Stock Exchange.

Aurobindo Pharma on Tuesday said it has alloted 14.54 lakh equity shares worth Rs 82.25 crore through conversion of Foreign Currency Convertible Bonds (FCCBs).

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