Sushmi Dey, Sounak Mitra And Viveat Susan Pinto

Stories by Sushmi Dey, Sounak Mitra And Viveat Susan Pinto

Twenty-five essential drugs to see 90% decline in prices

Twenty-five essential drugs to see 90% decline in prices

Rediff.com   6 Jul 2013

The latest price revision includes mostly cardiovascular drugs, anti-bacterials, anti-herpes, contraceptives and gastrointestinal medicines

DoT proposes change in cross-holding norms

DoT proposes change in cross-holding norms

Rediff.com   2 Jul 2013

To bring clarity, the department clearly defines terms such as promoter and competitor.

Rising debt a worry for telecom firms

Rising debt a worry for telecom firms

Rediff.com   1 Jul 2013

Need for much more investment; sector would like govt help

Reprieve for Tata, RCom

Reprieve for Tata, RCom

Rediff.com   1 Jul 2013

DoT decides not to scrap dual-technology telecom licences

Finally, health ministry acts on Uttarakhand

Finally, health ministry acts on Uttarakhand

Rediff.com   26 Jun 2013

Fearing outbreak of epidemics, the ministry is sending a high level team to review the public health measures in the area

More trouble for Ranbaxy; Mohali unit may also have come under USFDA lens

More trouble for Ranbaxy; Mohali unit may also have come under USFDA lens

Rediff.com   24 Jun 2013

FDA inspectors visited the Mohali plant in the process of giving approval to Ranbaxy's application for Valsartan.

Vodafone, Idea gain most in revenue market share

Vodafone, Idea gain most in revenue market share

Rediff.com   23 Jun 2013

Adjusted gross revenue of the industry has grown just 5.3 per cent during the financial year ended March 31

Indian drug makers face heat of US regulator's crackdown

Indian drug makers face heat of US regulator's crackdown

Rediff.com   23 Jun 2013

Data also show that several other leading domestic pharma companies have recalled their products from the US

Indian demand provides spark for Japanese electronics cos

Indian demand provides spark for Japanese electronics cos

Rediff.com   21 Jun 2013

It is not without reason that Japanese consumer electronics companies such as Sony, Panasonic, Hitachi, Daikin and Sharp are investing significant sums in India.

BSNL, MTNL may get relief on one-time spectrum fee

BSNL, MTNL may get relief on one-time spectrum fee

Rediff.com   19 Jun 2013

To revive the two state-run telecom operators, Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL), the government is likely to waive the one-time fee these telcos need to pay for retaining additional spectrum.

Mistry keen to see more women at top positions at TGB

Mistry keen to see more women at top positions at TGB

Rediff.com   19 Jun 2013

Women have been and continue to be an integral part of Tata Global Beverages' business, across the world, says Cyrus Mistry.

Soon, Starbucks at hospitals, schools, corporate campuses

Soon, Starbucks at hospitals, schools, corporate campuses

Rediff.com   19 Jun 2013

Since debuting in India in October 2012, the company has opened 15 Starbucks stores across Mumbai and Delhi.

Prices of key drugs to be cut by up to half

Prices of key drugs to be cut by up to half

Rediff.com   17 Jun 2013

The National Pharmaceutical Pricing Authority will soon notify prices of as many as 150 packs of essential medicines in line with the new pharma pricing policy, according to official sources.

Star, Zee, Colors and Sony fight it out on weekends

Star, Zee, Colors and Sony fight it out on weekends

Rediff.com   14 Jun 2013

The four major Hindi general entertainment channels -- STAR Plus, Sony, Colors and ZEE -- have all launched music and dance reality shows in the 9-pm slot on weekends.

Investors continue to buy India's consumption story

Investors continue to buy India's consumption story

Rediff.com   13 Jun 2013

Despite slowdown, smaller firms attract growth capital.

Sun Pharma sues Novartis in US court

Sun Pharma sues Novartis in US court

Rediff.com   13 Jun 2013

In a development that could hasten the entry of the generic version of Gleevec into the US market, Indian drug major Sun Pharma has sued Novartis Pharmaceuticals Corp in the District Court of New Jersey, demanding rights to launch a generic version of the cancer drug before the Novartis patent expires.

Regulator might inspect Wockhardt units

Regulator might inspect Wockhardt units

Rediff.com   12 Jun 2013

Last month, the US Food and Drugs Administration had placed Wockhardt's facilities in Waluj near Aurangabad on import alert, barring supply of various products from these facilities to the US.

Airlines under CCI scanner for cargo fuel surcharge

Airlines under CCI scanner for cargo fuel surcharge

Rediff.com   12 Jun 2013

The complaint was lodged by Mumbai-based Express Industry Council of India, which represented major express courier and cargo companies such as DTDC, Aramex India, Blue Dart, DHL Express, GATI and First Flight.

Adidas plans revival of fraud-hit Reebok biz in India

Adidas plans revival of fraud-hit Reebok biz in India

Rediff.com   11 Jun 2013

The German sportswear maker has brought Haskell, who played a key role in writing the growth story for Adidas in China, to give Reebok's India business a 'fresh start' after the alleged Rs 870-crore (Rs 8.7-billion) fraud by former managing director Subhinder Singh Prem and chief operating officer Vishnu Bhagat.

Ranbaxy drugs cleared FDA test before import alert

Ranbaxy drugs cleared FDA test before import alert

Rediff.com   11 Jun 2013

FDA had also issued warning letters to Ranbaxy's Paonta Sahib and Dewas facilities as it found extensive problems and deviations from manufacturing norms.