Sun-Ranbaxy are keen to complete the merger process.
Health Minister Harsh Vardhan's recent request to Finance Minister Arun Jaitley - for an increase in tax on cigarettes from 45 per cent to 60 per cent in the coming Budget - seems to have had a serious impact on cigarette smokers' pockets.
Facebook, LinkedIn, Twitter had 160 mn users but made less than Rs 100 cr in 2012-13
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In a letter to health minister Harsh Vardhan, the Indian Pharmaceutical Alliance, an industry body representing leading pharma companies, including Sun Pharma, Lupin, Dr Reddy's Labs, Cadila Health and Glenmark, stressed the need for an out-of-court settlement with health activists fighting for the rights of clinical trial participants.
The Drug (Prices Control) Order implemented in May last year brought into its purview 652 packs of 348 formulations.
The company did not respond to specific queries on the project's expansion.
Top companies added employees at 3% CAGR from 2003-04 to 2013-14, while revenues grew at 18%.
However, international fast-food chains have had to change this business model completely, to adapt to Indian preferences.
Even smaller companies like Torrent Pharma and Alembic file five to 10 ANDAs every year.
Indian telecom seems to be getting back on its feet.
BSE has brought in the new technology from Deutsche Bourse.
Components manufactured in India are low-value products like casing and box packaging that constitute 5% of the bill for materials required in phone manufacturing.
Experts say despite it being a global deal, the transaction will have to undergo CCI scrutiny because of the scale of operations.
On Tuesday, Novartis agreed to buy GSK's oncology products business for $14.5 billion, while selling its vaccines business, excluding flu, to GSK for $7.1 billion.
ICAI has also imposed a fine of Rs 5 lakh on each of the three accused in Satyam case.
The company buys distressed assets across the globe and turns them around to not only add to its books but also its product pipeline and regions.
Govt likely to make security clearance mandatory for telcos irrespective of equity holding before giving licences; DoT members to meet today.
The NPPA letter was issued to GSK on Wednesday.
Apart from Wockhardt, only Biocon manufactures insulin analog indigenously.
The once-powerful Japanese major is left with little to show in the face of sustained competition from rivals.
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