Import alert on Ranbaxy's Mohali unit; Strides' injectible arm gets warning letter
Not needed, it says, with 4,600 staffers to retire over next 3 years, plus transfer of 12,000 to new subsidiaries
State-owned Air India has approached the ministry of finance for a sovereign guarantee to raise Rs 2,500 crore (Rs 25 billion) from banks, due to the government's inability to infuse all the required funds into the debt-laden carrier, given the current economic conditions.
The move is likely to impact Jet's operations out of Belgium and India.
Medicines, including antibiotics, contraceptives and anti-diabetic drugs, were found to be out of stock at various places around Delhi.
According to sources, the company has identified smaller markets such as Peru, which do not contribute significantly to profits, where it might shut shop in the near term.
The testing facility at Rohtak would have more than 30 different tracks covering a length of about 30 km to check the various operational aspects of a vehicle.
Etihad to have 2 directors even if it dilutes stake to 15%
Firms are mandated to change prices of medicines within 45 days of NPPA's notification.
A probe finds several pharma majors in breach of the law; and in turn they blame the government.
General Motors' Tavera recall prompts Union government to formulate a stricter policy.
The move is expected to delay the introduction of low-priced medicines in the market.
The recently anointed managing director and chief executive officer at Maruti Suzuki India Ltd tells Business Standard how he intends to get back to over 50 per cent share in the domestic market, apart from a larger role in the parent's global operations.
Companies asked to give data for three batches instead of one; move may lead to significant rise in development cost of generics
The US-based auto maker told the government an internal probe had revealed the company had violated testing targets
Concerns over effective control not addressed in the second revised shareholders' agreement, says DIPP; Sebi opposes commercial cooperation pact
The ministry would access data on all the tickets sold by different carriers under various price brackets and then analyse the data to give an indication of exactly how many tickets were sold under each price slab.
Face NPPA fine for overcharging on anti-asthma drug
Besides opposing the suspension of three medicines, the sector has also questioned the process adopted by the government.