FDA allows Teva to launch Nexium generic; Cipla, which supplies formulation, to gain
In 2012, India attracted $22.78 billion of FDI, according to the data by Department of Industrial Policy and Promotion.
n the broader market, both the BSE Midcap and Smallcap indices, were up 1.2% and 0.7% each.
A source said the competition watchdog would by next month suggest 'structural remedies' that included selling key drug segments as conditions for clearing the country's largest pharmaceutical industry merger.
During the 10-months of this financial year, the highest FDI came in services ($1.80 billion), followed by pharmaceuticals ($1.26 billion), automobiles ($1 billion) and construction development ($966 million).
The other sectors where inflows have declined include pharmaceuticals ( $680 million).
The intensity of the blast was so high that window panes in adjoining buildings were shattered and shocked people were seen running helter-skelter, an eyewitness said.
Cross previous high of $72 billion in 2007 as Indian promoters overcome the selling taboo. Abhineet Kumar reports from Mumbai.
After recognising its adverse health effects, the govt has now dismissed its own lab reports to conclude that the evidence against plastic is insufficient.
The Paytm employee, who tested positive for the contagious disease with flu like symptoms on Wednesday, came in touch with 91 people in Gurgaon, an official said, citing his counterpart in the suburban town.
What dos and don'ts should people in Maharashtra follow with the state government notifying The Epidemic Diseases Act, 1897 lockdown orders?
A panel headed by Economic Affairs secretary Arvind Mayaram had suggested FDI limit be raised to 49 per cent in almost all sectors through the automatic route.
US said access to affordable health care entails a large number of factors from rates, logistics to insurance reforms.
Foreign direct investment (FDI) in India has declined by six per cent to $5.47 billion during January-March quarter of the current calender year even as government is making efforts to promote the country as an investment destination.
India's IPR framework and enforcement were comparable to those in developed countries
Aneesh Phadnis and Veena Mani find out what the manufacturers and the hospitals have to say.
'Testing is a very good strategy if only symptomatic people are transmitting the disease.' 'Here asymptomatic people, with minimum, trivial symptoms, are transmitting too.' 'Testing, treating, tracing contacts and quarantining them -- yes, it will work up to a certain extent.' 'But more important is physical distancing, hand hygiene, cough etiquette and cocooning, protecting with reverse quarantining the most vulnerable people, senior citizens, people with other major medical problems.' 'To me, that makes much more sense.'
Sikkim's new chief minister will have to achieve growth without compromising nature.
Participants will watch out for the Brexit poll outcome in the late morning trades tomorrow.
In a surprise announcement in April, Sun and Ranbaxy -- at that time owned by Japan's Daiichi -- declared an all-stock deal to create India's largest and world's fifth-largest drugmaker in an over $4 billion deal.
In June 2012, the country had received FDI worth $1.24 billion.
Novartis said it is partnered with generic drugmaker Lupin Ltd to sell the drug in India
Slapped with Rs 242-crore fine by US authorities for rule violations at Toansa unit, say sources; 2nd such hefty rap in the recent past from US regulators for bending rules.
FDI in drugs and pharmaceuticals was $487 million during April-August 2012, according to the latest data of the Department of Industrial Policy and Promotion.
It said New Delhi increased its purchase of foreign exchange over the first three quarters of 2017 which does not appear necessary.
Neither pharma nor IT would have become the stars of the economy without the active but largely invisible hand of the Indian State, says Ajit Balakrishnan.
Fresh guidelines were issued by the government on Wednesday for enforcing the second phase of the coronavirus lockdown, with the Union home ministry barring all kinds of public transport and prohibiting opening of public places during this period.
'The failures of private businessmen have set back the process of market-oriented reform, though that is the only way forward,' argues T N Ninan.
Pawan Hans, Dredging Corp on list to meet target of Rs 800 bn for 2018-19
It hopes to turn around Ranbaxy within four years of closing the deal by improving efficiency and resolving all regulatory issues
The visit to India by Sergey Aksyonov, Head of the Republic of Crimea, accompanying Russian President Vladimir Putin has raised the hackles in the West with the US saying it was 'troubled' by the news and an angry Ukrainian President decrying it.
Thailand expressed interest in the Indian defence industry and its experience and expertise in the field of defence R&D and production. Modi welcomed Thai investments in India in the potential areas under the 'Make in India' initiative, especially in the manufacturing sector, infrastructure development, tourism and hospitality facilities.
A football fan, Kamil Hamied is known to be a calm and quiet person who wants to do something for society, like his uncle Yusuf.
The Finance Ministry further said decision on seven FDI proposals has been deferred.
The government has cleared 19 foreign investment proposals, including that of Walt Disney Company and Reckitt Benckiser (India), entailing total investment of Rs 2,326.72 crore (Rs 23.26 billion).
Benchmark indices finished higher on hopes of economic reforms
'15, 17 years back we were not even in existence in the US. Today nearly 1/3 of prescriptions written comes from India.' 'India is showing that in a very competitive environment -- like the US and Europe -- our industry is doing very well.'
More lucrative routinely prescribed drugs are at higher risk of failing quality standards
.jpg)
After a high-level meeting held on Friday chaired by Prime Minister Manmohan Singh, it has been decided that the Commerce and Industry would soon start a consultation process to address 'dangers inherent' in the current model of FDI in brownfield pharma units.
Japan Plus to facilitate and fast-track investment proposals.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances