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Mumbai, June 25 : The Canara HSBC Oriental Bank of Commerce Life Insurance Company bagged the top honour at the Indian Insurance Awards 2013 Tuesday.

The company has been conferred the coveted "Life Insurance Company of the Year Award 2013" instituted by Fintelekt, SP Media, for demonstrating overall leadership in revenues, product mix, customer mix and business model effectiveness during the last financial year 2012-2013.

Company CEO John Holden and Marketing Director Vishakha R. M. received the award at a function here.

New Delhi, June 25 : The Supreme Court Tuesday dismissed a petition for prohibiting Ranbaxy from producing and marketing its alleged "adulterated" medicines in the Indian market in the wake of reports of the pharma major having sold misbranded drugs in the US.

A bench of Justice A. K. Patnaik and Justice Ranjan Gogoi dismissed the Public Interest Litigation (PIL) by advocate M. L. Sharma, asking him to produce the material to show that drugs being marketed by the pharma major were substandard.

Mumbai, June 25 : Nawazuddin Siddiqui, who teamed up with new director Rohit Pandey for "Shorts", says working with fresh talent benefits the whole film as there is scope for inputs from both sides.

"When you are working with a young director, you can share your thoughts with him - like, 'I want to do this part this way'. There are no cliched parts," Nawazuddin said here Monday at the first look launch of "Shorts".

Gurgaon, June 25 : The power transmission and distribution system in Haryana supplied an all-time high of 1,536.43 lakh units and took a record 7,527 MW load during peak hours Monday, an official said Tuesday.

The Dakshin Haryana Bijli Vitran (DHBVN) Nigam said that it was a new power supply record in the state.

The DHBVN and the Uttar Haryana Bijli Vitran supplied over 1,536 lakh units of electricity Monday, which was 143 lakh units more than the power supplied on the corresponding day last year.

The nigams supplied 42.93 lakh units more than the demand.

Kolkata, June 25 : The India-South Africa bilateral trade, which has been steadily growing, is expected to surpass the $18-billion-mark in the next three years, an official said Tuesday.

"India-South Africa mutual trade has been growing at a rate faster than expected. We had targeted the trade to breach the ($)15 billion mark by 2015 and by this year we have already reached $14.7 billion" said S. C. Pradhan, senior economic advisor at the South African High Commission in New Delhi.

Kolkata, June 25 : The world's leading miner, Coal India Ltd (CIL) is planning to set up seven coal washeries at an estimated cost of Rs. 2,000 crore by the end of this fiscal, a company official said Tuesday.

"Contracts for seven coal washeries would be placed by financial year 2013-14 with washing capacity of 15-16 million tonnes of coal," said T. K. Sinha, general manager (project monitoring division).