Germany-based BASF, the world's largest chemical manufacturer, acquired Swiss chemical maker Ciba last year in a $3.27 billion transaction.
German chemical company BASF, which has a significant presence in India, will slash about 3,700 jobs by 2013 as part of its restructuring measures.
Take the Rediff Biz Quiz and find out how much you know about various Indian pharmaceutical companies.
'We are all members of a tennis paradise that this year improbably promises to last forever -- and we owe it in no small part to the two champions' parents,' notes Rahul Jacob.
These risks are viewed as more acute in the online world.