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Ranbaxy to Make Generic Diovan Drug in US

Ranbaxy Laboratories Ltd has received the nod to launch a cheaper version of Novartis AG's blood pressure and heart attack treatment pill Diovan, from US Food and Drug Administration (FDA), amid acquisition process by Sunpharma for $4 billion. Jun 27, 2014
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

Election Landslide to Embolden Modi on World Stage

If prime minister-elect Narendra Modi can revive a faltering economy, as his people clearly believe he can, India may finally be able to deal with overseas allies, foes and rivals from a position of strength. May 17, 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-10-40-up-on-march-10

BSE closes points 10.40 up on March 10

New Delhi, March 10 (ANI): Trading at the Bombay Stock Exchange today closed 10.40 points up to stand at 21,930.19. At the National Stock Exchange the Nifty closed 10.60 points up to stand at 6,537.25. Oberoi Realty and Shriram Transport Finance Co.Ltd. were among the top gainers of Group A with an increase of 10.07% and 7.17% along with Gujarat Mineral Development Corporation Ltd. and IDFC with an increase of 7.14% and 7.01% respectively, while the top losers of Group A include Prestige Estates and Glaxosmithkline Pharmaceuticals Ltd. with a decrease of 5.71% and 5.43% along with Glenmark Pharmaceuticals Ltd. and TCS with a decrease of 3.79% and 3.60% at the close of the markets. The Auto sector is up 64.14 points at 12,785.58 while the banking sector is up 259.50 points at 13,826.73 and the realty sector is up 33.58 points at 1,393.15. The Indian currency is down 0.10% at Rs 60.98 per dollar. Mar 10, 2014
bse-closes-points-225-76-up-on-march-6

BSE closes points 225.76 up on March 6

New Delhi, March 6 (ANI): Trading at the Bombay Stock Exchange today closed 225.76 points up to stand at 21,502.62. At the National Stock Exchange the Nifty closed 72.50 points up to stand at 6,401.15. Prestige Estates and Reliance Infrastructure Ltd. were among the top gainers of Group A with an increase of 12.23% and 10.03% along with Jaiprakash Associates Ltd. and HDIL with an increase of 8.88% and 7.22% respectively, while the top losers of Group A include IPCA Lab and Glaxosmithkline Pharmaceuticals Ltd. with a decrease of 2.67% and 2.56% along with ABB India Ltd. and Eicher Motors with a decrease of 1.84% and 1.65% at the close of the markets. The Auto sector is up 87.80 points at 12,567.17 while the banking sector is up 213.19 points at 12,878.13 and the realty sector is up 50.70 points at 1,289.93. The Indian currency is down 0.76% at Rs 61.28 per dollar. Mar 6, 2014
bse-closes-points-270-91-up-on-march-04

BSE closes points 270.91 up on March 04

New Delhi, March 04 (ANI): Trading at the Bombay Stock Exchange today closed 270.91 points up to stand at 21,217.56. At the National Stock Exchange the Nifty closed 76.50 points up to stand at 6,297.95. Hindalco Industries Ltd. and Tata Chemicals were among the top gainers of Group A with an increase of 8.25% and 8.10% along with Yes Bank and BOB with an increase of 6.15% and 5.85% respectively, while the top losers of Group A include Motherson Sumi Systems Ltd. and Glaxosmithkline Pharmaceuticals Ltd. with a decrease of 3.81% and 2.72% along with Sobha Developers Ltd. and JPPOWER with a decrease of 2.28% and 1.79% at the close of the markets. The Auto sector is up 156.41 points at 12,505.98 while the banking sector is up 56.41 points at 12,478.42 and the realty sector is up 15.03 points at 1,218.25. The Indian currency is up 0.15% at Rs 62.02 per dollar. Mar 4, 2014
japanese-firms-adopt-practices-to-protect-environment

Japanese firms adopt practices to protect environment

Tokyo, Feb 19 (ANI): Japanese manufacturing firms are adopting practices that protect the environment. Otsuka Pharmaceuticals, located in Kakegawa of Japan's Shizuoka prefecture, produces Pocari Sweat, an electrolyte beverage. Since its launch in 1980, Pocari Sweat has become popular among people of all ages. The company has expanded its product lineup to include a variety of convenient cans and PET bottles. To keep the environment safe, Otsuka Pharmaceutical focuses on reducing the weight of containers, especially the 500ml PET bottles, which are widely consumed in Japan. Pocari Sweat is now available in a container whose weight has been reduced from 27g to 18g. Feb 19, 2014
bse-closes-points-50-14-down-on-dec-16

BSE closes points 50.14 down on Dec 16

New Delhi, Dec 16 (ANI): Trading at the Bombay Stock Exchange today closed 50.14 points down to stand at 20,665.44. At the National Stock Exchange the Nifty closed 13.70 points down to stand at 6,154.70. Glaxosmithkline Pharmaceuticals Ltd. and Aurobindo Pharma Ltd. were among the top gainers of Group A with an increase of 18.58% and 12.68% along with Indian Hotels and SSLT with an increase of 8.25% and 4.12% respectively, while the top losers of Group A include Sobha Developers Ltd. and Wockhardt with a decrease of 7.75% and 5.44% along with Pipavav Defence and JetAir India with a decrease of 4.90% and 4.49% at the close of the markets. The Auto sector is down 93.25 points at 11,941.09 while the banking sector is down 6.07 points at 12,963.43 and the realty sector is down 1.35 points at 1,338.52. The Indian currency is up 0.23% at Rs 61.98 per dollar. Dec 16, 2013
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