Poonawalla said the price will be around USD 5-6 per dose with an MRP of around Rs 1,000 for the two necessary doses.
Cigarette sales in Kerala have been seriously hit, as traders on Monday began the indefinite suspension of sales of tobacco products to press their demand that manufacturers pay all taxes in advance.
Those addicted to ITC brands will have to shell out more for cigarettes as the tobacco major has hiked prices of some of its brands by upto Rs 8 per packet.
Panasonic India is set to increase the prices of its products by up to 7 per cent, while some others players have already increased it.
Cash-&-carry chains claim of the products they sell 85-90% is local.
The markets opened in red on the back of weak global cues
A nearly two-fold hike in natural gas prices will incentivise investment in the hydrocarbon sector and help reduce the energy import bill, India Inc said.
Bombay Dyeing is betting on creating a range of unique, customised textile products, a route that is largely unexplored by the home textiles players although several industry reports and consumer behavior studies have talked about the potential for personalisation.
'Financial independence will help unlock the full potential of these businesses.'
With these 18 drugs, the government now has brought in 467 medicines under the price control.
The government plans to rationalise trade margins for many other medical devices, besides stents and knee implants.
The National Pharmaceutical Pricing Authority will soon notify prices of as many as 150 packs of essential medicines in line with the new pharma pricing policy, according to official sources.
We asked you to tell us your reason for choosing not to vote. This is what our readers shared.
The coins can have the face and names of the owner embossed on them.
'Modi came out with this huge announcement that he has given a historic price rise to farmers.' 'It was actually a fake price. He did not give the price mentioned in the BJP's election manifesto.' 'So, Modi gave an incomplete price rise and publicised it as if he has completed his job.' ''This government has surely proved that it does not care about farmers in any way.'
The Trai order is expected to change how consumers pay for cable or DTH services. This will result in disruption within the TV viewing market.
A probe finds several pharma majors in breach of the law; and in turn they blame the government.
Drug major Novartis has been slapped with a Rs 300-crore penalty by drug regulator NPPA for overcharging consumers on sale of Voveran, its best-selling painkiller medicine.
'I don't know how long the small-scale handmade sector can survive,' a shoemaker from Hisar tells Geetanjali Krishna.
As freebies/gift vouchers attract GST, retailers are opting for straight discounts this festive season.
In a competitive market, pricing is the management's business. The consumer has so many choices -- single screens, multiplexes, TV, online streaming or DVDs. Nothing forces him to go to a multiplex. Nor are films an essential commodity where prices have to be regulated, says Vanita Kohli Khandekar.
Stocks and sectors impacted most by GST.
India has been able to attract 40 global smartphone makers to the country -- creating at least 50,000 jobs. But GST could hurt that, discovers Ayan Pramanik.
'The policy is to consolidate farming into the hands of a few and to take away the food security of the country.' 'Once food is in the hands of 15 chosen corporate houses, you will get food, but at a price that they determine.'
Customs and excise duty rates have been amended mainly to promote Make in India.
Urban markets account for the major share of total revenues.
A series of bypoll losses has pushed the Modi government into panic mode. Uncharacteristically, it's letting events dictate its actions, says Shekhar Gupta.
Companies are innovating with tech tools to ensure that you spend less time at the cash counter.