Experts believe the move will have little impact given limited production of generic drugs and authority of doctors in prescribing medicines.
Pele has been invited to light the Olympic flame at the Rio Games on Friday but the Brazilian soccer great is checking with his sponsors to see if he is free to lead the torch ceremony in the Maracana stadium.
There are several examples of one name standing in for many brands.
Currently most of its 119 planes have been taken back by the lessors and many have been leased to other airlines like SpiceJet. The second challenge is that it has to repay banks.
Impressed with the success story of Gujarat Cooperative Milk Marketing Federation Limited (GCMMF), which sells its products across India under the 'Amul' brand name, South Africa has expressed interest in following this model in its land.
A recent report has suggested that future patent expires in the cardiac and anti-diabetes space would form a good opportunity for smaller firms, given their franchise in these segments.
The two troubled subsidiaries of Reliance Capital have over Rs 20,000 crore debt of both the companies. Reliance Home Finance has a debt of Rs 11,500 crore and Reliance Commercial Finance owes Rs 9,000 crore to lenders.
There have been complaints from consumers that the firm has increased the base price of products and then charged the lower GST rate, thereby keeping the MRP of products the same in pre and post tax rate cut.
What sold the most this year? Beauty, toys and baby care, sports and fitness, television and large appliances, followed by fashion, says T E Narasimhan.
The committee's objections are a curious mixture; some attack the very basis of the project, others question its implementation.
The committee's objections are a curious mixture; some attack the very basis of the project, others question its implementation.
Hyderabad-based Turbo Megha Airways became the fourth company to receive flying licence from aviation regulator DGCA in the past two years to launch a regional airline.
Almost a year after announcing a $4 billion deal, Sun Pharmaceutical Industries on Tuesday said merger of Ranbaxy with itself has been 'consummated.'
The world's leading brands have continued to grow in value despite the current economic uncertainty, according to WPP company Millward Brown's annual BrandZ top 100 most valuable global brands study.
The Italian hot hatch with its high-end features along with powerful and refined engine choices poses serious challenge to premium car makers of India.
The petition will come up for hearing on Tuesday.
Rediff readers suggest interesting names for Baba Ramdev's new denim brand.
Ranbaxy was asked to sell all products containing Leuprorelin which are marketed and supplied under brand name Eligard.
Starbucks faces two major challenges.
The longest running advertisement campaign has also found a place in the Guiness Book of world records.
Jet Airways, the largest domestic airline, will merge its no-frills brands JetLite and Jet Konnect and operate under the brand name of the latter.
A summary of sports events and sports persons, who made news on Tuesday
Big players are repositioning packaged yogurt as stand-alone breakfast option or health dessert.
It's planning to offer unique apps such as Office 365, One Drive and X-Box Games.
Eight commonly prescribed anti-cancer drugs will soon enter India's National List of Essential Medicines (NLEM).
How Bajaj, Colgate, Raymonds, Zee lost out.. Strategic errors have hurt many companies, says adguru Sandeep Goyal.
'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'
News of all that transpired on and off the football field.
Board of directors of Unitech Wireless to clear name on Tuesday.
British car maker won its law suite against Chinese automaker Geely over using trade mark name "luhu".
"Through this partnership, the reach of Sitagliptin and Sitagliptin plus Metformin will be enhanced amongst doctors and patients in India, helping them efficaciously manage the disease," Sun Pharma Chief Executive Officer Kalyanasundaram said in a joint statement issued by the two firms.
Tata Teleservices is looking to increase its stake in its joint venture with Virgin Mobile India, where it has 50 per cent ownership.
The dairy company has alleged that Google India and also goDaddy.com were misusing their platforms for earning revenues through advertisements on fake B2B campaigns that duped innocent individuals seeking Amul franchise across India.
The $50-bn foods major will ride piggyback on Cadbury's strong brand equity.
Check out some of the most exclusive handsets by two of the leading mobile manufacturing companies.
'It can be used to build three-wheelers, vans, too'
Taking the male potency pill may benefit the patients at diabetes risk, according to a new study.
Eyeing emerging markets for its affordable smartphones, Microsoft launched its first Lumia device without the iconic brand name of Nokia.
Over 550,000 small drug retailers in the country are transforming into producers and marketers of pharmaceutical products, readying to compete with companies such as Ranbaxy, Cipla, Sun Pharma and Lupin whose produce they sell.
The finance ministry has agreed to furnish sovereign guarantees on loans raised by National Aviation Company India Ltd, which flies under the Air India brand name. A top source in the ministry confirmed: "Yes, we will provide sovereign guarantee to Air India on its loans. After all, it is a company owned by the government."
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