Lupin will fund the buy through $100 mn cash reserves and a bridge loan.
The 30-share Sensex ended 79 points lower at 26,909 and the 50-share Nifty closed 25 points lower at 8,102.
'Younger people are taking steps to prevent lifestyle diseases.'
'It is fascinating to partner with consumers on the journey of self-discovery and to help shape people's preferences -- that is what I find most exciting,' Nandini Piramal tells Abhineet Kumar and Aneesh Phadnis.
Since 2013, the FDA has banned around 30 Indian drug manufacturing units for various violations
Tata Motors, ONGC, HDFC and TCS were the top gainers.
A group of high-powered individuals led by Anand Mahindra have come together to set up Krea university. The campus is expected to be ready by 2019 and the first batch of 100 to 125 students will commence classes in August next year.
In an online chat with readers overseas education consultant NNS Chandra addressed queries related to international admissions.
The 36th India Day Parade ran through about 13 streets in Madison avenue in Manhattan.
The Bangalore-headquartered firm had posted a net profit of Rs 1,623.3 crore (Rs 16.23 billion) in the year-ago period, it said in a BSE filing.
'We are at a time and position that we do not need higher number of visas.'
The country's drug companies have attracted the highest number of enforcements from the American drug regulator in 2013, a year that has seen the US Food and Drug Administration turning stricter to ensure compliance levels and quality of medicines.
Custodian banks are selling dollars for their foreign fund clients.
The outgoing chairman believed in building for the future; for his successor, the challenge will be to maintain the momentum, says Ishita Ayan Dutt.
Markets rebound with financials leading the gains on hopes of a peaceful solution to the turmoil in Ukraine
When it comes to key hands-on management positions, India Inc is still largely run by men.
From Lalit K Jha Washington, May 15 (PTI) Alleging that recent trade policies of India are jeopardising its trade ties with the US, a Washington-based think tank has recommended the Congress to suspend trade benefits for New Delhi. "To be clear, a strong, growing, and collaborative trade relationshi ...
Margaret A Hamburg, the first commissioner of the US Food and Drug Administration (US FDA) to visit India officially, will meet heads of major domestic pharma companies such as Ranbaxy, Wockhardt, Cadila Healthcare and Lupin in New Delhi.
BSE Midcap index outperformed the benchmark indices to end with 0.4% gains.
Indians are welcome to study and work in Great Britain, says UK's Minister for Science and Universities Jo Johnson.
Amid subdued demand for traditional information technology (IT) services offerings, Indian IT services players are betting on big data, as this is high on clients' agenda.
As part of the charm offensive, New Delhi has invited global regulators -- including the FDA -- to visit Indian production units to get first-hand evidence of measures taken to ensure the quality of locally manufactured generics.
Today Aashirvaad, ITC says, has 75 per cent of the market.
After taking over scam-hit Satyam, Techn Mahindra has made many structural changes in the latter to turn it around.
Britain's AstraZeneca on Monday rejected a sweetened and "final" offer from Pfizer , casting serious doubt on the U.S. drugmaker's plan for a merger to create the world's biggest pharmaceuticals group.
US stocks rose more than 1% on Tuesday, with the S&P 500 coming less than 2% below its record peak set last month.
Markets recovered in late trades, amid firm European cues, led by rebound in financials and gains in IT shares.
The company's net profit went up 27% in December quarter, sequentially better than peers; core IT services up 33%..
The 30-share Sensex ended down 30.30 points at 28,161.72 and the 50-share Nifty dipped 7.95 points at 8,543.
The government may claim planted trees compensate for forests lost, but that does not mean complex flora and fauna destroyed have been restored, points out Himadri Ghosh.
Details on prices sought as 10 generic drugs become up to 83 times costlier in 6 months
The IP & Science business of Thomson Reuters has announced its 2013 "Nobel-class" Citation Laureates on Wednesday, which names 28 researchers representing 22 distinct academic and research organisations, and six different countries.
A recent study, which says two-thirds of cancers are a result of random mutations, also makes a case for the prevention, early detection and treatment of the disease
New strategy for Infosys by October, says Nandan Nilekani. New chairman's other priorities: Hiring CEO, reviewing Panaya probe reports.
The market breadth ended weak on the BSE with 2,086 shares declining and 893 shares advancing.
The urban jungle still retains some precious wild spaces inhabited by not frequently seen birds and animals. The author spends a day exploring them
Bharat Biotech started work on developing a vaccine against Zika way back in 2014.
'Sergey and I have been super excited about his progress and dedication to the company. And it is clear to us and our board that it is time for Sundar to be CEO of Google,' Lary Page said.
'Science and technology keep moving ahead and so you can keep making investment.'
