Pharmaceutical major Matrix Laboratories, public sector oil producer Oil and Natural Gas Corporation and Ranbaxy Laboratories have emerged as the fastest, biggest and the most consistent wealth creators for year 2006
Alkem, the largest manufacturer of Fructo-Oligo Saccharides, which helps the growth of good probiotic bacteria, is planning to roll out more products in the national and global markets, said Sharad.
The Sensex plunged into the red after opening with a gain of 13 points at 7,693.
In comparison, Indian companies received only 23 out of 139 final approvals (16.54 per cent) in the corresponding period in 2006.
A recent court ruling in the US on allowing the declaratory judgment provision in the US patent law has come as a boost to Indian pharmaceutical companies such as Ranbaxy, Dr Reddy's, Sun Pharma and Lupin.
The Andhra Pradesh government has decided to strengthen the police force in the state in view of terror attacks and Maoist violence.
Ranbaxy is understood to have pulled out of the race to acquire German pharmaceutical company Merck's generic business on concerns of over-valuation.
As many as 15 companies across the world have lined up generic variants of Pfizer's Zoloft (Sertaline HCL), for which the exclusive six-month marketing period granted to the successful patent challenger, Teva of Israel, ends on Tuesday.
Not too long ago, authorised generics were used by the big US-based pharmaceutical companies to thwart competition from makers of generic drugs
The S&P BSE Sensex surged 364 points to end at 24,607 and the Nifty50 soared 107 points to close at 7,476.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
A war of words between Chandrababu Naidu and YSR Rajasekhar Reddy lead to commotion in the House.
This will be the largest M&A by an Indian firm, to be complete by January-end.
The Apollo Hospital in Hyderabad said it was not aware of any threat being issued to one of its doctors, who treated tennis star Sania Mirza.
The district revenue authorities have taken possession of the surrendered lands.
MSR had decided to quit the Ministry owning moral responsibility for the party's defeat at the hands of Telangana Rashtra Samithi president K Chandrasekhar Rao.
Dr Reddy has also cleared a proposal for a centre to provide training and guidance to meritorious minority youth both in civil services and other higher echelons.
Results of some blue-chip companies exceeded expectations, providing additional thrust, traders said.
Tata Consultancy Services along with Bharti Televentures and National Thermal Power Corp was on Friday adjudged among the best employers in India by leading global human resources management firm Hewitt Associates.
Thirty stocks from various sectors form the Sensex.
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.
The NSE 50-share after moving between 10,309.85 and 10,261.50 on alternate bouts of selling and buying, finished at 10,298.75, with paltry gains of 15.15 points, or 0.15 per cent.
Face NPPA fine for overcharging on anti-asthma drug
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Better-than-expected financial results in Q3 due to higher revenue growth and margins in key markets fuel the rally
A key lesson for the pharmaceutical sector in this case is to not downplay the significant impact that regulatory non-compliance can have on operations.
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