Sun Pharma expects 25% growth in the US

Even as declining profits from generic medicine sales in the United States are prompting domestic pharma companies to shed their US-centric business, Sun Pharmaceuticals, India's most valuable drug......

Oil ministry wants 49% FDI cap in govt-owned refin

The petroleum ministry has recommended a hike in the foreign direct investment cap in government-owned refineries to 49 per cent from the current 26 per cent. The proposal has been sent to the......

OVL plans more overseas acquisitions

ONGC Videsh Ltd, the overseas arm of state-run Oil and Natural Gas Corp, is eyeing oil and gas properties in West Africa, CIS countries and Latin America with plan to invest one billion dollars a......

Chandhok improves position

Indian race driver Karun Chandhok has improved his position to 10th in the overall standings, logging points in Knockhill, Scotland, in the Formula 3 British Racing Championship.Chandok finished a......