Zeba Siddiqui And Sumeet Chatterjee

Stories by Zeba Siddiqui And Sumeet Chatterjee

Can Snapdeal become India's Alibaba?

Can Snapdeal become India's Alibaba?

Rediff.com   30 Oct 2014

The 24-hour delivery offer applies only to select postal codes and is not available across the country.

India withdraws policy to cap nonessential pharma prices

India withdraws policy to cap nonessential pharma prices

Rediff.com   23 Sep 2014

Ties between India and the United States have been strained in recent years because of trade policies and patent disputes.

36 drugs to be cheaper as govt caps prices

36 drugs to be cheaper as govt caps prices

Rediff.com   19 Sep 2014

India has capped the prices of 36 drugs, including those used to treat infections and diabetes, in its latest move to make essential medicines more affordable, a senior official of the country's drug pricing authority told Reuters on Friday.

Banks pile pressure on Mallya over airline loans

Banks pile pressure on Mallya over airline loans

Rediff.com   6 Sep 2014

Mallya, once known as the "King of Good Times" for his flamboyant lifestyle, has until Friday to appear before an IDBI committee to explain why he should not be declared a "wilful defaulter".

India battles HIV/AIDS drug shortage as some firms halt supply

India battles HIV/AIDS drug shortage as some firms halt supply

Rediff.com   4 Sep 2014

India had the third-largest number of people living with HIV in the world at the end of 2013 and accounts for about four out of 10 people living with HIV in the Asian region.

Piramal, Dutch fund tie up for $1 bn infra investment

Piramal, Dutch fund tie up for $1 bn infra investment

Rediff.com   30 Jul 2014

Piramal, controlled by billionaire Ajay Piramal, and APG will invest in local infrastructure companies through rupee-denominated mezzanine instruments.

Riding on Modinomics hopes, indebted cos rush to lock in funds

Riding on Modinomics hopes, indebted cos rush to lock in funds

Rediff.com   7 Jul 2014

A sluggish economy and stalled bureaucratic decision-making for the past two years thwarted capital investment and dented earnings, making it tough for the companies to raise funds.

Modi govt plans to make medicines cheaper

Modi govt plans to make medicines cheaper

Rediff.com   24 Jun 2014

The health ministry has formed a committee to consider raising the number of drugs deemed essential and subject to price caps.

Rajasthan block: Cairn India gets nod for raising oil output

Rajasthan block: Cairn India gets nod for raising oil output

Rediff.com   17 Jun 2014

The panel, however, set some conditions for the company, including that Cairn India will have to upload the status of environment compliance, including results of monitored data, on its website and update it periodically.

HC lifts stay on Sun Pharma's $3.2 billion Ranbaxy takeover

HC lifts stay on Sun Pharma's $3.2 billion Ranbaxy takeover

Rediff.com   24 May 2014

Both companies can now complete the deal.

Modi's landslide win may bring IPOs back to table

Modi's landslide win may bring IPOs back to table

Rediff.com   21 May 2014

Several brokerages lifted their outlooks for the BSE Sensex and companies were queuing to ride the wave of political euphoria

Vodafone begins arbitration against India in tax dispute

Vodafone begins arbitration against India in tax dispute

Rediff.com   8 May 2014

The British mobile phone operator was widely expected to go for an international arbitration after its talks with the Indian government failed to find a solution last year.

Court orders temporary halt on Sun Pharma's takeover of Ranbaxy

Court orders temporary halt on Sun Pharma's takeover of Ranbaxy

Rediff.com   1 May 2014

Two individuals filed the petition in the high court of Andhra Pradesh

India's drug inspectors hard-pressed to scrutinise factories

India's drug inspectors hard-pressed to scrutinise factories

Rediff.com   7 Apr 2014

There are just 1,500 drug inspectors responsible for more than 10,000 factories in India

Ranbaxy recalls some batches of generic Lipitor in latest quality blow

Ranbaxy recalls some batches of generic Lipitor in latest quality blow

Rediff.com   10 Mar 2014

The recall is the latest in a series of problems to hit Ranbaxy, which has had all its India factories stopped from sending drugs and ingredients to the United States.

3 banks to help govt sell Axis shares

3 banks to help govt sell Axis shares

Rediff.com   21 Jan 2014

At the bank's current market price, the stake on offer is worth about Rs 5,700 crore

USFDA raises concerns about Ranbaxy's Toansa plant

USFDA raises concerns about Ranbaxy's Toansa plant

Rediff.com   13 Jan 2014

All of Ranbaxy's India-based factories are currently banned by the FDA from exporting medicines to the United States, the company's largest market, after the regulator's inspection found violation of its so-called good manufacturing practices.

Wockhardt hit by FDA alert on another plant

Wockhardt hit by FDA alert on another plant

Rediff.com   27 Nov 2013

Its factory in Chikalthana in western India was last month hit by the British drug regulator's curb on imports from the plant over manufacturing deficiencies.

Suspected human hair in tablet cited in Ranbaxy ban

Suspected human hair in tablet cited in Ranbaxy ban

Rediff.com   18 Sep 2013

Ranbaxy, which is 63.5 per cent-owned by Japan's Daiichi Sankyo Co and gets more than 40 per cent of its sales from the United States, did not immediately respond to a request on Wednesday for comment on the FDA observations.

Drugmakers draw more FDA scrutiny as US imports rise

Drugmakers draw more FDA scrutiny as US imports rise

Rediff.com   13 Sep 2013

And when an inspector asked about the contents of unlabelled vials in the laboratory glassware washing area, a plant worker dumped them down a sink and said the contents could not be determined, according to a July 18 letter from the US Food and Drug Administration to Wockhardt, which makes sterile injectable drugs and various forms of insulin.