Cipla to set up facility in Iran

Company will invest Rs 225 cr for 3 years Mumbai-based Cipla Ltd has signed a definitive agreement with its existing Iranian distributor for setting up a manufacturing facility in Iran. The total......

Markets log longest rally of weekly gains since Feb 2012

Benchmark share indices ended flat on Friday but logged their sixth straight week of gains, the longest since the seven-week rally from January 2,2012 to February 19, 2012, led by IT majors and......

Glenmark may become first Indian firm with NCE

Glenmark Pharmaceuticals is close to become the first Indian company to develop an original novel chemical entity (NCE) to treat diseases. An NCE is a molecule developed in the early drug discovery......