Hospira buys Orchid unit for $400 mn

US-based drug major Hospira will buy the injectable pharmaceuticals business of Chennai-based Orchid Chemicals for $400 million (Rs 1,860 crore). The acquisition will include Orchid's antibiotics......

Aurobindo Pharma embroiled in patent cases in the US

Three multinational drug makers -The Medicines Company, Hospira and Kowa company Ltd – in separate cases - have dragged Indian firm Aurobindo Pharma to court on allegations of patent......

Modi gifts Indian tea to US CEOs

Prime Minister Narendra Modi on Monday gifted famous Indian tea to the captains of 11 large American corporations. The signature gift box containing three famous tea of India - Darjeeling, Assam......

BlackRock to host global investors meet in India next year

World's largest asset manager Blackrock will host a global investors meet in India next year, CEO Laurence Flik conveyed to Prime Minister Narendra Modi. With total asset under management of over......