Lobby group tells USTR it has got assurance from India on compulsory licensing.
Increased price control over branded generic medicines has affected its profitability
Broader market underperformed the headline indices with BSE Midcap and BSE Smallcap finishing in red
Western drugmakers, including Pfizer Inc, Novartis AG, Roche Holding AG and Sanofi SA, covet a bigger share of the fast-growing Indian drugs market.
Markets recovered in late trades, amid firm European cues, led by rebound in financials and gains in IT shares.
Modi urged the Swiss business leaders to explore the investment opportunities in India.
FDA inspectors visited the Mohali plant in the process of giving approval to Ranbaxy's application for Valsartan.
India and the US on Sunday agreed to enhance their engagement on intellectual property rights, a vexed issue between the two countries.
Markets end in red; bluechips struggle to keep pace.
Launches cloud-based version of solution to target mid-size clients in life sciences.
Seeking to minimise the impact of the recent headline-grabbing moves, he said there had only been one instance of compulsory licensing.
The proposed acquisition is expected to close by the end of 2014, subject to approvals from Indian Courts and the anti-trust body in India and the US
The S&P BSE Sensex surged 160 points to close at 25,262.
The Sensex ended higher by 245 points at 27,372 mark and the Nifty gained 66 points at 8,225.
India's Supreme Court in April rejected a patent for Novartis AG's cancer drug Glivec, saying it was an amended version of a known molecule called imatinib, setting the precedent for more such cases in the country.
The 30-share Sensex ended down 32 points at 28,851 and the 50-share Nifty closed 12 points lower at 8,712.
Financials were the top losers while oil shares also declined amid weak crude oil prices.
A football fan, Kamil Hamied is known to be a calm and quiet person who wants to do something for society, like his uncle Yusuf.
The 1995 judgment in the Union of India vs Cricket Association of Bengal case emphasised that free speech is essential for a successful democracy and citizens must have a plurality of views and a range of opinions on all public issues, says M J Antony.
Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.
Like pharmaceutical companies globally - which used to enjoy a preferential exchange rate in Venezuela - Indian producers have been left badly stung by the collapse of the bolivar currency
Investors accumulated quality stocks at valuable and attractive levels.
Special 301 Report expresses concern over weak IPR laws, to conduct reviews.
To ensure equal access to health care, the government must consider it in a holistic manner and improve all parameters.
Wealth of the richest 62 people has risen 44% in the five years since 2010, while that of the bottom half fell by 41%
BSE Midcap and Smallcap indices ended in line with their larger counterparts and closed marginally up 0.2% and 0.4%, each
Pharma major Lupin and mortgage lender HDFC were the top losers.
Sensex closed the day 416 points higher.
Pakistani Prime Minister Nawaz Sharif has cancelled his visit to WEF annual meeting after a deadly Taliban attack in his country.
The annual talk-fest of rich and powerful from across the world in snow-laden Alpine resort town of Davos will be attended by nearly 40 heads of government among more than 2,500 global leaders from over 100 countries.
It's time for Indian generic companies to rethink their strategies.
Engineering major BHEL rebounded from its day's lows to end around 1% higher.
Jaitley said he is meeting the existing investors and potential investors, those who are looking at India, those who are looking to expand.
Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.
Flaring of tempers comes atop much simmering trouble on clashing views; these stands might now get frozen.
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