This helps consumers check the authenticity of drugs simply by sending SMSes.
Regulators tighten net on safety grounds.
PharmaSecure, a US based company, is in talks with Indian drug majors to implement a new, cost-effective, SMS-based technology that would allow consumers to check the authenticity of the drug - in a strip, tablet or a bottle - by directly getting in touch with the manufacturer.
Pharmaceutical company Unichem Laboratories Ltd said on Friday it has entered into a product development, manufacturing and supply agreement with US-based PLIVA Inc.
After raising its stake to 100% in UK JV; the firm plans to expand European portfolio with new products.
It is the fundamentals of companies that will drive stock performance.
While Mcleod Russel, ADF Foods, Indiabulls Real Estate, DCM Shriram and BSE have announced buyback through open market route, the remaining 23 companies plan to buy back their shares via tender offers
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
ITC, Sun Pharma, Cipla and Tata Steel were top gainers on BSE Sensex
Infosys, Wipro and HUL among the top losers for the day.
The FMCG index gained more than 1% on the back of stellar gains in ITC.
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
The 30-share Sensex gained 321 points to end at 26,430 and the 50-share Nifty surged 100 points to end at 7,879.
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.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances