Regulator's nod assumed more importance after the Maggi issue.
The 30-share Sensex ended up 292 points at 29,571 and the 50-share Nifty closed up 75 points at 8,910.
The country's drug companies have attracted the highest number of enforcements from the American drug regulator in 2013, a year that has seen the US Food and Drug Administration turning stricter to ensure compliance levels and quality of medicines.
Whistle-blower Dinesh Thakur will speak on Made-in-India drugs at an event in Washington.
Sensex climbs higher on favourable global cues.
Priya Ramesh, a psychoanalyst and life coach, recounts how she, her husband and neighbours braved the floods by sheltering on the first floor of their villas in Chennai's Sholinganallur suburb.
Margaret A Hamburg, the first commissioner of the US Food and Drug Administration (US FDA) to visit India officially, will meet heads of major domestic pharma companies such as Ranbaxy, Wockhardt, Cadila Healthcare and Lupin in New Delhi.
BSE Midcap and Smallcap indices ended in line with their larger counterparts and closed marginally up 0.2% and 0.4%, each
The Sensex ended below 28,000 for the second straight day at 27,869.
Rain water gushed into the town from the summit behind the famous shrine carrying rocks and boulders, destroying everything on its path.
Women have been and continue to be an integral part of Tata Global Beverages' business, across the world, says Cyrus Mistry.
Five of the 12 BSE sectoral indices ended at 52-week highs; the oil and gas index zoomed by nearly 5%.
Ambassador Islam A'Isi' Siddiqui -- who recently resigned from his position as chief agricultural negotiator in the office of the United States trade representative -- has joined the Center for Strategic and International Studies as senior adviser on Global Food Security.
Torrent to buy Ranbaxy's anti-bacterial generic
Even smaller companies like Torrent Pharma and Alembic file five to 10 ANDAs every year.
As part of the charm offensive, New Delhi has invited global regulators -- including the FDA -- to visit Indian production units to get first-hand evidence of measures taken to ensure the quality of locally manufactured generics.
DCGI, health ministry initiate dialogues with foreign regulators, try to understand global best practices
The broader markets were marginally higher with mid-caps and small-caps gaining 0.1-0.4 per cent on the BSE.
The usage of PET bottles by a handful of wine makers is set to take the drink to the masses, thanks to a packaging solution offered by Manjushree Technopack Ltd, a Bengaluru-based manufacturer of PET bottles and performs.
Data also show that several other leading domestic pharma companies have recalled their products from the US
'There were days when there was no rice at home and we ate only jackfruit seeds.' 'They feel I, a lowliest human being, a tribal, have no right to go abroad and study.' 'The humiliation was so bad that I was broken inside.'
USL is already contesting a Karnataka High Court order.
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.
Details on prices sought as 10 generic drugs become up to 83 times costlier in 6 months
Mumbai-based serial entrepreneur Shreekant Pawar, who is all set to launch a device to help fight diabetes tells us more about the lessons he's learned in the journey
Madhu Kinnar, newly-elected mayor of Raigarh in Chhattisgarh, speaks to Vaihayasi Pande Daniel/Rediff.com.
Benchmark share indices ended lower for the third straight session as investors turned cautious amid tensions in Iraq even as consumer durables shares stole the limelight tracking rally in gold prices.
'We could not sleep for many days. We kept hearing gunshots and blasts throughout the night.' 'To live in a war-torn city is terrifying.' 'Our journey from the hospital to the port was the scariest.' 'We were taken care of so well by government officials. They did not leave a single person behind.'
Dilip Shanghvi founded Sun Pharma in 1983.
Generic drugmakers cannot be sued under state law for adverse reactions to their products.
Sensex ended above 26,000 led by telecom shares amid TRAI's spectrum sharing norms.
Muthayya Fernandes, a fisherman from Rameswaram, was imprisoned in Sri Lanka for crossing the International Boundary in search of fish.
Despite the devastation that has struck this tiny mountain nation, Dr Vani Kori - who volunteered her service in Nepal for 10 days - believes it will soon rebuild itself.
'Pakistan's recent utterances and tendency to use pinpricks to try our patience appear reminiscent of 1965. We are a strong nation, emerging stronger,' says Lieutenant General Syed Ata Hasnain (retd).
Import alert on Ranbaxy's Mohali unit; Strides' injectible arm gets warning letter
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.