President's address to the Parliament

Following is the trascriptof President Pratibha Patil's address to the joint sittingof Parliament on Thursday.Honourable Members, I convey my good wishes to you and to all our people. On behalf of......

Sensex jumps 192 points on strong Q3 earnings; RIL surges 4%

Both benchmark indices were driven by strong gains in IT, teck, oil and gas, pharma and banking shares amid earnings optimism.   The BSE benchmark Sensex continued its winning run for the......

Pharma in 2014: Deals worth billions and fines worth millions

Even as private firms were busy stitching merger and partnership deals, the government also remained active during the year working on a separate policy to promote and strengthen domestic......

Pharmaceutical mega brand buyouts a sweet pill

Pharma giants are going the fast moving consumer goods way, with blockbuster brands being sought after by multinational giants and even their Indian peers.Universal Remedies, which sells the......

M&As become big for PE-backed firms

Consolidation seems to the key word among private equity (PE) backed companies. In the first few months of 2011, about 20 merger & acquisition (M&A) deals worth $150 million took place.Last year,......