Pfizer raises bid for AstraZeneca to $117 billion

Pfizer Raises Bid for AstraZeneca to $117 Billion

U.S. drugmaker Pfizer said on Sunday it had raised its offer for British rival AstraZeneca to 69.3 billion pounds ($116.6 billion), or 55 pounds a share, and would walk away if AstraZeneca did not accept it. May 19, 2014
Narendra Modi - Barrack Obama

Obama Invites Modi to Visit U.S. Despite Past Visa Ban

U.S. President Barack Obama congratulated Narendra Modi on his election victory on Friday and invited him to the White House, even though he was barred from the country less than 10 years ago over massacres of Muslims. May 17, 2014
Pfizer

AstraZeneca Leaves Door Ajar to Pfizer, Despite Hurdles

AstraZeneca's boss said on Wednesday he would engage with Pfizer if the price was right and the risks posed from forcing the British drugmaker's operations into the U.S. company's new three-unit model were addressed. May 15, 2014
file-photo-people-riding-a-motorcycle-in-front-of-the-office-of-ranbaxy-laboratories-at-gurgaon

Ranbaxy Posts Loss after Write-offs on U.S. Import Bans

Drugmaker Ranbaxy Laboratories Ltd (RANB.NS), which has agreed to be acquired by Sun Pharmaceutical Industries Ltd (SUN.NS) for $3.2 billion, posted a loss in the March quarter, hit by write-offs related to regulatory sanctions. May 10, 2014
bse-closes-points-13-91-down-on-may-2

BSE closes points 13.91 down on May 2

New Delhi, May 2 (ANI): Trading at the Bombay Stock Exchange today closed 13.91 points down to stand at 22,403.89. At the National Stock Exchange the Nifty closed 1.60 points down to stand at 6,694.80. Century Tex and Future Retail were among the top gainers of Group A with an increase of 8.61% and 6.92% along with Marico and Aurobindo Pharma Ltd. with an increase of 6.04% and 4.73% respectively, while the top losers of Group A include Jindal Steel and Pipavav Defence with a decrease of 6.50% and 4.92% along with Financial technologies ltd. and Bata India with a decrease of 4.77% and 4.62% at the close of the markets. The Auto sector is down 68.84 points at 13,303.39 while the banking sector is down 16.16 points at 14,690.50 and the realty sector is up 3.32 points at 1,400.11. The Indian currency is up 0.15% at Rs 60.22 per dollar. May 2, 2014
australias-illicit-drugs-trade-at-an-all-time-high

Australia's illicit drugs trade at an all-time high

Australia's illicit drugs trade, led by cannabis and crystal meth, is at an all-time high with nearly 20 tonnes of narcotics seized last year and a record number of arrests, a government report says (Duration 00:48) Apr 29, 2014
police-in-amritsar-arrest-smugglers-recover-drugs-and-cash

Police in Amritsar arrest smugglers, recover drugs and cash

Amritsar, April 27 (ANI): Police in Punjab achieved a major success in its drive against cross-border smuggling of narcotics. Amritsar branch of State Special Operation Cell, a unit of Counter Intelligence wing of Punjab Police, arrested three smugglers along with possession of drugs. The smugglers were identified as Jagjit Singh, Davinder Singh, Kuldip Singh and Harbinder Singh. Further investigation revealed that the smugglers have been indulging in cross-border smuggling and had recently procured two consignments of heroin from Pakistan, which they had disposed off as per the directions from Pakistani smugglers. It was further revealed that the seized consignment was the third in past one month and the recovered pistol was part of the same. Apr 27, 2014