Mahindra & Mahindra (M&M), the country's largest tractor company, has acquired the controlling stake in Punjab Tractors Ltd (PTL), the fourth largest tractor firm, outbidding Hinduja group firm Ashok Leyland.
On December 4 last year, the stock of the world's largest drugmaker, Pfizer, fell 10.6 per cent, wiping out more than $21 billion in market value in a single day.
Having moved into original research, they have attracted overseas professionals looking to come back, some nudged by MNCs' narrowing research.
NRI steel tycoon Lakshmi N Mittal may partner with Hindustan Petroleum Corp Ltd in the state-run firm's under-construction $3 billion refinery at Bhatinda in Punjab.
The proposal will help India, one of the most cost-effective location for pharmaceutical production, to increase its growing generic exports multifold in a hassle-free regulatory environment.
With Uttar Pradesh elections round the corner, the mood of the House was clearly reflected as members came prepared for the battle ahead. Shiv Sena members wore saffron scrafs in support of the Ayodhya cause.
Once approved by the Cabinet and passed as law, the Foreign Education Providers (Regulation) Bill will grant deemed university status to such institutions.
Non-resident Indians with wealth stuck in real estate in India have reason to rejoice.
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