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"If this declining trend continues, I do hope it will have a moderating influence on the price front," Mukherjee told reporters in the national capital.

 
 
The company had posted a net profit of Rs 76.74 crore for the April-June period in the previous financial year, Biocon said in a statement.
The move would beef up Google's patent portfolio after it failed to acquire a trove of technology patents from Nortel Networks Corp.
The funds will be spent on new mining projects, as well as for building washeries and buying new machinery and equipment, Chairman and Managing Director N C Jha said.
Under the deal announced on Wednesday, American Airlines will acquire a total of 200 aircraft from the Boeing 737 family and 260 Airbus from the A320 family.
A study says private clouds will help Indian enterprises save as much as 50 per cent of the cost of IT operations and generate one lakh jobs by 2015.
 
 
Under the proposed new law, anyone violating the rule can be jailed for not less than six months, which may be extended to two years and also be liable to a fine.
The company's June quarter net profit more than doubled to Rs 256.7 crore from Rs 111.37 crore a year earlier. The turnover rose 83 per cent to Rs 4,623.31 crore