On October 2, a legislature committee wrote letters to the 14 companies, initiating an investigation and seeking details about recent price increases in several generic products available in the American market.
A company with a size exceeding $1 billion finds it really hard to innovate.
Competition in the US pharmaceutical market swelled in recent years, with increasing generic penetration.
This was only four days after many aggrieved buyers chose social networking sites to attack Flipkart's 'Big Billion Day' discount this Monday (October 6), followed by an apology from the company's co-founders, Sachin and Binny Bansal.
Vishal Sikka talks about his chemistry with N R Narayana Murthy and about his plans to strengthen the leadership team.
Bandhan expects to commence banking operations in 2015, by opening nearly 600 branches targeting 10 million customers.
Infosys has been struggling to revive high growth for two years.
Indian start-ups are waiting to spread red carpet for engineers to be laid off.
Details on prices sought as 10 generic drugs become up to 83 times costlier in 6 months
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Buyers complain about server errors, allege discounts were 'not real'.
In an email to customers they say 'Big Billion Day' sale today to eclipse all other multi-day festive sales.
At the very least, it will cost Infosys thousands of dollars to defend its position
'Big Billion Day' scheduled for October 6 is inspired by flat number where co-founders began their journey.
The chief executive of the e-commerce giant is making his second visit to India -- the first since Amazon entered this market.
It all started with Flipkart and Amazon trying to outdo each other - after Flipkart announced $1-billion fund-raising in July.
Seems to reflect a maturing of the segment; Delhi-based Wingify buys US-based entity a day after Zomato's Polish buyout
While iPhone 6 and iPhone 6 Plus are being sold at $199-499 (Rs 12,100-30,400) with a two-year contract in the US, buyers in India are purchasing these at the grey market for a whopping Rs 100,000-200,000.
Retail giants are looking at Indian start-ups in the big data and analytics space
A factor which would be key to Scotch consumers is the new currency an independent Scotland would go for .
Through the UB Group, Mallya holds 21.98 per cent stake in MCF.
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