Last year, Ranbaxy had paid around $4,20,000 to the US state of Idaho as part of a $500-million settlement that the drug firm had signed with US authorities.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Every time the Indian economy has faced headwinds due to international developments, the oil sector has played a crucial role, explains A K Bhattacharya.
Medical experts have warned that the volume of vaccine available to fight the coronavirus or SARS-CoV-2 in coming years is expected to fall far short of global demand, despite an unprecedented effort to manufacture billions of doses.
Indian drugmakers' domestic sales of ready-to-take medicines in January-March could be lower than expected as distributors suspended stocking in anticipation of a new value-added tax system coming into force, analysts and industry members said.\n\n\n\n
India is worried about Pakistan getting the Taliban to ignite trouble in Kashmir, observes Ramesh Menon.
The travel advisory is perhaps a first of its kind issued by any state government
While there were no surprises on policy issues from either side, there were far less interruptions and tense moments between Pence, 61, who comes from Indiana and his Democrat challenger Harris, 55, who is from California.
Hailing the Congress manifesto as a visionary document promising to shape a better future for Punjab, Dr Singh said the Parkash Singh Badal-led government mismanaged the state and failed to harness its full potential.
Sensex lost 184 points to trade at 23,878 and the Nifty has dropped 55 points to quote at 7,254.
Images that capture what it was like living through 2021.
Calling COVID-19 pandemic and vaccines as one of the most important aspects of his discussions with top officials of the Biden administration, External Affairs Minister S Jaishankar has said the endeavour is to expand production of vaccines in India with assistance from the US.
Unless the Taliban goofs up in a big way, which seems highly unlikely, we are looking at a regime that will be around for quite a long while and present a level of governance that the puppets of the richest and most advanced countries failed to provide, predicts Ambassador M K Bhadrakumar.
Varsha Bhosle salutes that effervescent icon of Indian cinema, Dev Anand.
In the manufacturing sector, output is expected to decline by about 70 per cent as only food-processing, and drugs and pharma industries are allowed to operate while other segments, such as engineering and metals, have shut operations.
As the death toll in the country from coronavirus jumped by a record 445 to 13,699, the Centre maintained that the number of infections per lakh population was among the lowest in the world. The new cases surged by over 10,000 for the 11th day in a row and rose by 14,821 to take the total to 4,25,282, according to health ministry data.
An insider said that over the past decade or so Cipla has become immune to the exits of leaders. There have been no directional change in the long-term strategies.
'This novel format of diplomacy -- the informal summit -- will not only facilitate bilateral communication and reduce miscalculations at the very top level of the two governments, but possibly open the space for China and India to speak in one voice on various issues of mutual concern,' note Feng Renjie and Ding Kun Lei
The stock was the worst hit among the blue-chips on both BSE and NSE.
The reasons given for the refusal include misbranding, adulteration, packaging, labelling, pesticides, unapproved products.
As the Omicron strain spreads across the globe and questions on vaccine inequity dominate discussions, scientists are still scrambling to learn more about emerging variants of the deadly virus that has claimed millions of lives and crippled economies.
The government can argue the change targets only those residing abroad but the fact remains that it does affect the kin and friends in India of non-residents.
Shares in Sun Pharmaceutical Industries fell by more than 5 per cent after the company settled a patent suit with Pfizer Inc related to its acid-reflux drug for $550 million.
In a release issued on February 13, FTC alleged that Cephalon's 'anti-competitive' scheme denies patients access to lower cost, generic versions of Provigil (modafinil) and forces consumers and other purchasers to pay hundreds of millions of dollars a year more for Provigil.
So far, almost every positive development in terms of the bilateral ties has been overtaken by innate hostility that is often driven by popular sentiments.
The BSE Midcap also cut all its intraday gains to shed 0.3% at close
In a minor reshuffle, Uttar Pradesh Chief Minister Akhilesh Yadav has taken over the charge of 11 new departments. As per a notification issued in Lucknow, agriculture, foreign trade, export and marketing have been taken away from Agriculture Minister Anand Singh. Akhilesh has been given additional charge of Food and Drug Authority, AYUSH, non-conventional energy sources, infrastructure, coordination, public enterprises, political pension, language, agriculture, foreign trade
Sensex, Nifty put up a good show in closing trade.
Low growth visibility and trouble with regulators have resulted in lack of interest from investors
Axis Bank was the top gainer in the Sensex pack, surging over 13 per cent, followed by ICICI Bank, IndusInd Bank, Maruti, TCS, Kotak Bank and Reliance Industries. On the other hand, Nestle India, HUL, Tech Mahindra and Sun Pharma ended in the red. NSE Nifty zoomed 273.95 points, or 3.03 per cent, to finish at 9,266.75.
The company has received the tentative approval from the US Food & Drug Administration to manufacture and market these combination tablets in strengths of 600mg/300mg/ 300mg, a statement by Aurobindo Pharma said.
Pellissery's women continue to express the beauty in our common humanity. And often, these women go so far into expressing our hopes, desires, absurdities and follies that they end up acting at variance with the ethical prescriptions of our age. And this, I believe, is precisely why they remain "invisible" to a whole bunch of viewers, says Sreehari Nair.
Chinese President Xi Jinping pledged on Thursday to give Indian companies and products - especially including those made by the pharmaceutical, farming and fuel industries - greater access to Chinese markets.
Pakistan has kept trade and bus services suspended for a little over 10 days but has not publicly stated its stance.
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.
India's GDP growth for the current fiscal is expected to slow down to 4.8 per cent, a UN report has said, warning that the Covid-19 pandemic is expected to result in significant adverse economic impacts globally. The UN 'Economic and Social Survey of Asia and the Pacific (ESCAP) 2020: Towards sustainable economies' said that Covid-19 is having far-reaching economic and social consequences for the region, with strong cross-border spillover effects through trade, tourism and financial linkages.
If any foreign account holder violates Indian laws, tax authorities can enforce repatriation of funds.
With India's imports exceeding exports, weak rupee does more harm than good. Analysts, however, say that rupee depriciation is positive for export-oriented sectors such as IT services, pharmaceuticals, textiles and automobiles
Pharma was the top losing index amid worries about their earnings outlook with Lupin down over 4%
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