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Riding up the sweepstakes
Union Bank is on a restructuring drive to become the country’s top nationalised bank.

Life insurers' premium collection rises 21% in first seven months
The life insurance industry logged a 21 per cent increase in premium collections during the first seven months of the current financial year compared to the same period last year, indicating recovery in the sector.

News of the day

'Speed up freight track project'
A major partner in the Indian Railways’ Rs 60,000 crore dedicated freight corridor project, Japan said it would like the project implemented at the earliest. Japanese Prime Minister Yukio Hatoyama said the building of exclusive rail lines for freight carriers along with dedicated industrial corridor should take shape fast.
Management

CCMB to set up BSL-3 facility to test swine flu

The city-based Centre for Cellular and Molecular Biology (CCMB) is setting up a BSL-3 (bio-safety level) facility on its campus for testing swine flu virus. - WHO warns of winter surge of Swine Flu in South East Asia - Swine flu will expose global health inequality: WHO - Japan has flu treatment drugs for 50 million people: govt - Harping on health - Local response to a global spread - Two more die of swine flu "The facility is currently going through a validation process and we expect it to be completed by the end of this month. We will then be ready to test H1N1 virus," CCMB"s acting Director Veena K Parnaik told reporters here today. BSL-3 is an air-tight system wherein deadly pathogens are tested. "The National Institute of Communicable Diseases has been helping us in terms of protocols for the facility while we are also getting the validation done by an external agency. Once this is completed, the facility will be ready to test the virus," Veena said. There are, however, no plans for taking up any research on H1N1 virus as of now. It could be taken up in future, she said. Veena said the CCMB will also set up a BSL-4 facility in collaboration with the Department of Science and Technology and Council of Scientific and Industrial Research in the coming months. The proposed facility will test highly drug-resistant viruses, she added.


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