Briefly Business: Forex reserves jump $1.8 bn to $282.95 bn

New Delhi: Piramal Enterprises on Friday said it has acquired over-the-counter (OTC) skincare brand Caladryl in India from Valeant Pharmaceuticals International Inc for an undisclosed sum. PTI

India suspends tax pact with Cyprus

New Delhi: India has suspended a pact with Cyprus that provided benefits to taxpayers conducting business between the countries,saying the nation has not been providing information to authorities that are trying to track black money. PTI

Pressman Advertising lists on NSE & BSE

New Delhi: Pressman Advertising Limited has become the first advertising agency in the country to get listed on major stock exchanges. The agency,founded by late HC Suchanti,has got listed on both the National Stock Exchange and the Bombay Stock Exchange. Pressman posted a net profit of Rs 6.29 crore during 2012-13. ENS