FDI inflow on course to $12 billion target

India seems to be on track to attracting $12 billion of foreign direct investment in 2006-07, with inflows during July touching $1.16 billion, an increase of over 255 per cent from $0.32 billion......

UN pats Indian pharma cos' HIV initiative

India's Ranbaxy Laboratories and Aurobinda Pharma were among some of the world's leading pharmaceutical and diagnostic companies applauded by UN Secretary General Kofi Annan for their commitment to......

Indian pharma to cut AIDS drug prices

Former US President Bill Clinton's foundation has reached an agreement with eight pharmaceutical companies worldwide, including India's Cipla and Ranbaxy, to drastically lower the prices of AIDS......

Enaleni to sue Lupin for mktg pact violation

South Africa's largest generic drug company Enaleni Pharmaceuticals is planning to sue Lupin - the Rs 1,200 crore (Rs 12 billion) domestic pharma major - for terminating a marketing right......