On her maiden visit to India, US Food and Drug Administrator Margaret A Hamburg has said recent lapses in quality by a handful of pharma companies has overshadowed the good things done by other Indian companies, who emphasise on quality products and practices.
Investors accumulated quality stocks at valuable and attractive levels.
In a move that could potentially irk New Delhi, China has offered to supply liquified petroleum gas to Nepal after gifting fuel to ease the crisis in the country, hit by acute fuel shortage due to a blockade at key border trade points with India.
Broader market outperformed the benchmark indices with S&P BSE Midcap gaining over 1%
In containment areas, movements of people is totally banned and essential services are delivered at the doorsteps.
The Sensex ended lower on unfavourable cues.
The Singapore subsidiary of the UK-based GlaxoSmithKline plans to buy 24.33 per cent stake or 2.06 crore equity shares in GlaxoSmithKline Pharmaceuticals Ltd through an open offer.
Cipla's race to be a frontrunner in the asthma market received a setback last week when an Italian company got the nod to sell an anti-asthma drug in Germany, and, Cipla's stock was squarely impacted in the bargain.
India on Thursday approved crucial amendments in the WTO agreement on TRIPS permitting governments to break the monopoly of manufacturers of patented drugs by giving 'compulsory licenses' in emergency situations.
The broader markets ended negatively with mid-caps and small-caps shedding 0.5 per cent on the BSE.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Market breadth continued to remain strong, with 1899 gainers and 674 losers on the BSEs.
Of the 30-share Sensex pack, 22 ended with losses while NTPC ended flat at Rs 127.30.
The Reserve Bank of India, for the second straight time, on Thursday kept its key policy rate unchanged at 5.15 per cent, maintaining its accommodative policy stance as long as it was necessary to revive growth. The central bank retained GDP growth at 5 per cent for 2019-20 and pegged it at 6 per cent for the next fiscal.
The appeals court granted Martoma's request to extend his November 10 surrender date until an appellate panel hears and decides on his motion for bail pending appeal.
In spite of the presence of thousands of British soldiers in the Helmand province of southern Afghanistan, it has become the biggest source of illicit drugs in the world.
The S&P BSE Sensex closed 318 points at 24,455 and the Nifty50 shed 99 points to end at 7,438.
MEA said Pakistan has been using terrorism as state policy against India and it must stop exporting terror.
India and Bangladesh have recently agreed to provide consular access to arrested insurgents and criminals on reciprocal basis, besides sharing information about their actvities.
Samvat 2072: Auto sector could see faster recovery
Prices may drop by up to 92 per cent with the pharma industry agreeing to a government proposal on capping trade margins.
Manipur needs an integrated politico, military, socio-economic approach, says Sanjeev Nayyar.
In a surprise announcement in April, Sun and Ranbaxy -- at that time owned by Japan's Daiichi -- declared an all-stock deal to create India's largest and world's fifth-largest drugmaker in an over $4 billion deal.
Bitcoin billionaires are well-known in the avenue of criminality.
There is action, drama, emotion, comedy -- everything in equal measure and lots of stylish sequences featuring Rajinikanth. Clearly, Darbar is a visual treat for fans, says Divya Nair.
n the broader market, both the BSE Midcap and Smallcap indices, were up 1.2% and 0.7% each.
Markets across the globe gained after China Securities Regulator removed its four-day-old circuit-breaker system.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
All India Organisation of Chemists and Druggists, the apex body of over 500,000 chemists that manage the bulk of the Rs 50,000 crore
The transaction is expected to be closed in the first quarter of the financial year.
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The 30-share Sensex ended 117 points higher at 26,560 and the 50-share Nifty gained 31 points to end at 7,936.
Driven by hardship, adventurous souls mortgage their homesteads in Punjab or Haryana, pawn the family jewellery and borrow heavily to satisfy the greed of the criminal traffickers who organise their trips, points out Sunanda K Datta-Ray.
Narcotics Control Bureau has asked pharma companies to evolve a voluntary code of conduct based on a "know-your-client principle" to prevent traffic of "illicit" medicines under the Narcotic Drugs and Psychotropic Substances Act to neighbouring count
Work is underway in identifying global companies in sectors ranging from electronics, auto components and medical equipment to shift part of their existing or incremental manufacturing to India.
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Markets ended lower on profit taking ahead of June F&O expiry.
The Sensex has hit its lowest level since August 29, 2016 whereas the Nifty hit its lowest level since Sep 12, 2016
A comic thriller that makes you laugh, but ends up killing the thrills.
Nifty50 surged 145 points to close at 8,468 after hitting an intra-day high of 8,475.
The Cabinet Committee on Economic Affairs has approved the proposal of GlaxoSmithKline Pte Limited, Singapore for acquisition of 24.33 per cent shares in existing Indian subsidiary company of GSK Group.
