Sales during the quarter under review stood at Rs 9,357 crore, up 12.42 per cent, as against Rs 8,323 crore in the corresponding period of the last fiscal
The Sensex closed with a gain of 16 points at 3,780.\n\n\n\n
Roche has already adapted its business model in India to increase affordable access to drugs and try to stave off trouble from India's patent authorities.
The NPPA letter was issued to GSK on Wednesday.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
The FIPB, headed by Department of Economic Affairs Secretary Arvind Mayaram, discussed 30 foreign direct investment proposals, including 10 from pharma sector.
In the quarter ended September 30, the Pirojsha Godrej-led firm recorded Rs 492 crore net sales, up 49% year-on-year
'You must remember that a career is something you can craft for yourself.' 'But if you want to be a successful leader, you need the organisation and your team to support you.' 'In order to make it all work, you need to be cognisant of the team.' 'You can't be a prima donna. These days, people don't accept that.' 'You can't ride roughshod over people.'
Fourth quarter earnings of blue-chips such as Infosys, TCS, Wipro, RIL and inflation data for March will dictate the trend on the bourses in a holiday-shortened week ahead, experts said.
Forex dealers said besides a lower opening in the domestic equity market on fears of a rate hike by the Reserve Bank, higher demand for the American currency from importers put pressure on the rupee but dollar's weakness against other currencies overseas, capped the fall.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
IT major nears $100 bn m-cap, accounts for 61% of the group's combined valuation.
Quite a few large- and mid-cap stocks are yet to recover from the note ban, pharma, banking and rural demand-based industries among laggards.
Both competitive intensity and environmental factors are contributing to the leading oral care brand's pain points
Even as the Supreme Court had recently dismissed the industry's plea against prices fixed by the regulator and its timely implementation, the National Pharmaceutical Pricing Authority has asked companies to pay the overcharged dues with 15 per cent interest.
Advertising taglines such as 'Bright in studies, bright in sports' attempted to drive home the message that Bournvita, a chocolate drink, could build a child's mental and physical faculties.
DRL launched four new products in North America during the previous quarter.
Aurobindo Pharma, Cadila Healthcare and Serum Institute are readying their vaccine candidates.
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The British drugmaker said the shot, called RTS,S, is intended exclusively for use outside the European Union but will be evaluated by the European Medicines Agency in collaboration with the World Health Organisation.
British Prime Minister Theresa May will be in India tomorrow, but Cyrus Mistry will no longer head the Indo-UK CEO forum.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
BS Annual Awards 2014: Power-packed jury picks the best 7 of corporate India
Respiratory product paves way for launch in larger markets and greater earnings visibility.
Horlicks widens brand appeal in increasingly competitive market.
The FDA has stepped up its efforts to ensure drug safety in recent months.
Stocks and sectors impacted most by GST.
Launches cloud-based version of solution to target mid-size clients in life sciences.
Markets end in red; bluechips struggle to keep pace.
The health drink brand from Mondelez walks the tight rope between tradition and trendy to stay relevant.
Govt bans brands with annual sales worth Rs 3,728 crore.
NPPA suggests expanding the list of essential medicines whose prices are controlled
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
India was the flavour of the year, at least in the FMCG sector, as multinationals hiked stakes in their subsidiaries lured by long term potential of the country, while homegrown executives made their way to top hierarchy of global firms in 2013.
Last year, traffic jumped 15 times on Snapdeal's 'Big Sale Day' on Oct 6, when it had clocked Rs 1 crore a minute of sales over 10 hours.
Only Hindustan Unilever and Nestl bucked the trend.
The report analysed product launches of 2011, their success over three years, and reported 31 of the 14,509 products introduced that year were received well by consumers.
In separate statements, the two companies said they will combine Novartis' over-the-counter division with GSK's consumer business, creating a new world-leading consumer healthcare business with $10 billion in annual sales.
Kiran Mazumdar-Shaw talks to Nikita Puri about her book Mythbreaker.
The latest price revision includes mostly cardiovascular drugs, anti-bacterials, anti-herpes, contraceptives and gastrointestinal medicines
'I believe that to be a successful leader, you need to develop fly vision.'
