'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.
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.
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.
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
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.
The NPPA letter was issued to GSK on Wednesday.
More lucrative routinely prescribed drugs are at higher risk of failing quality standards
Japan Plus to facilitate and fast-track investment proposals.
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 S&P BSE Sensex has rallied about 28 per cent in 2014, after formation of a stable government at the Centre.
'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.'
market, was today seized from an illegal drug manufacturing unit in Jalgaon district in north Maharashtra and six persons were arrested, Directorate of Revenue Intelligence officials said.
In August, RBI allowed 11 business houses to start a payments bank.
The board would take a decision on these applications on February 20.
India is the second largest buyer of Iranian crude, after China.
Sun Pharma's market capitalisation stood at Rs 100,050 crore on December 5, with its share price closing at Rs 417 a piece - lowest since March 2013.
In the broader market, the S&P BSE Midcap added over 1% to finish at record closing high
He said countries should work for promoting open and inclusive cooperation for win-win outcomes.
Out of nearly 30 public sector undertakings and assets under 'strategic sale' plan, only the ONGC-HPCL plan has been completed
The 'Make in India' vision cannot survive in the long-term without concrete measures to build a concurrent 'Create in India' movement.
Firms are mandated to change prices of medicines within 45 days of NPPA's notification.
In 2014, Sun Pharma agreed to buy Ranbaxy -- which was then controlled by Daiichi.
'For the last two months, the menace of stray dogs has gone to scary proportions in Kerala' 'What will you do if you cannot walk on the road without fear?'
Fund managers weren't too worried in 2014, as it was a year of positive surprises.
If currency controls are maintained indefinitely, popular support for Narendra Modi's demonetisation will turn into dislike, warns Devangshu Datta.
We present our alphabet of 2020, pulling in everything you'll remember about this year we'd rather forget.
Investor lobbies and tax lawyers estimate the bill for international funds and banks could be as high as $8 billion
Jaitley's team presents a quintessential mix of foreign-educated, intellectual technocrats and seasoned bureaucrats
There is a sense of relief in Beijing that Modi will be at the helm of affairs in Delhi at a critical juncture in the geopolitics of the region, says Ambassador M K Bhadrakumar.
The broader markets outperformed the benchmark indices- BSE Midcap and Smallcap indices gained 0.4% each
In a meeting with the commerce minister, India Inc hammered Sharma on the collapse of investments, structural nature of the current account deficit and stagnant growth in agriculture.
Tata Motors was the top gainer on better-than-expected June quarter revenues
The Indian government headed by Prime Minister Manmohan Singh, who is known as the architect of the country's liberalisation and economic reforms, is inching towards a "protectionist" regime, top American experts have told US lawmakers.
Prosecutors unveiled charges against Valvani alleging he fraudulently made $25 million by getting advance information about US Food and Drug Administration approvals of generic drug applications
Sources indicated defence and national security initiatives.
Mitra Biotech's personalised cancer therapy could be a game changer in the field of cancer medicine.
In 2013, Daiichi had launched the arbitration proceedings in Singapore.
Financials were among the top losers along with Sun Pharma and index heavyweight Reliance Industries