Inspections only in domestic authorities' presence, visiting US drug regulator told
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
The 30-share Sensex ended down 261 points at 27,177 and the 50-share Nifty ended down 91 points at 8,214.
The 30-share Sensex ended higher by 177.46 points at 28,885.21 and the Nifty gained 63.90 points at 8,778.30.
In the broader markets, BSE Midcap index slipped 0.3% whereas the BSE Smallcap index inched up by 0.2%
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.
As record stock market rally continues, the value of shares directly owned by next-generation business leaders at 20 major corporate houses has soared over 18 per cent to Rs 17,000 crore.
Markets end in green with auto, banks on a steady climb.
Whistle-blower Dinesh Thakur will speak on Made-in-India drugs at an event in Washington.
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.
A probe finds several pharma majors in breach of the law; and in turn they blame the government.
Rediff.com presents some of the oddest Guinness world records held by Indians.
Data also show that several other leading domestic pharma companies have recalled their products from the US
Another year of strong performance by these export-oriented sectors likely as US economy revives and rupee is expected to be under pressure.
'Your constant reiteration on the lack of religious freedom in India has sown doubts about the kind of information that you are being fed and based on which you seem to be making adverse references to India and its tradition of religious tolerance.'
The former McKinsey India head is presently on board of many big Indian conglomerates.
Financial numbers can sometimes paint a rosy picture because of changes in the accounting policy or a one-time income.
'If one observes a common man passing a church or gurdwara or dargah, he instinctively bows his head. It is this prevalence of polytheism that has ensured that monotheists and minorities flourish in India. This may sound preposterous in wake of the recent communal clashes in Muzaffarnagar. But it must be understood that in a county of over one billion people that was at worst an aberration,' says Colonel Anil A Athale (retd).
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