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Ipca halts drug exports to US

Jul 25, 2014 at 08:12 | Source: Calcutta Telegraph News

Mumbai, July 24: Ipca Laboratories today said it was voluntarily suspending shipments of drug ingredients from one of its plants in the country, following concerns expressed by the US Food and Drug Administration (FDA). The mid-sized company said th...

Ipca Labs stops API shipment from Ratlam unit to the US after USFDA inspection

Jul 24, 2014 at 18:00 | Source: VC Circle

Mumbai-based drug-maker Ipca Laboratories Ltd has voluntary stopped shipments from its active pharmaceutical ingredients (APIs) manufacturing facility situated at Ratlam (Madhya Pradesh) for the US market. During the recent USFDA inspection at the&am...

Enterprise solutions firm Druva eyes Singapore &amp; Australia expansion to <b>...</b>

Jul 24, 2014 at 15:59 | Source: VC Circle

Pune and US-based enterprise backup solutions firm Druva is expanding its footprint to Singapore and Australia by opening up new offices in the region. As of now, about 80 per cent of the company&#39;s revenues come from the US market. However, i...

Ipca Labs stops shipment from Ratlam unit to US

Jul 24, 2014 at 15:59 | Source: VC Circle

Mumbai-based drug-maker Ipca Laboratories Ltd has voluntary stopped shipments from its active pharmaceutical ingredients (APIs) manufacturing facility situated at Ratlam (Madhya Pradesh) for the US market. During the recent USFDA inspection at the&am...

Glaxo profits hit by fall in sales

Jul 23, 2014 at 17:37 | Source: BBC

Drug maker Glaxosmithkline (GSK) has reported a 23% fall in pre-tax profits to £986m from £1.29bn. The company has been hit by a fall in sales and the strong pound which reduces the impact of overseas profits. The group has seen a 10% fall in its d...

Lupin eyes popular GSK brands

Jul 23, 2014 at 05:37 | Source: Calcutta Telegraph News

Mumbai, July 22: Lupin, India’s fourth largest drug maker by sales, is eyeing some of the mature brands of GlaxoSmithKline Plc (GSK). These well-known brands, believed to be up for sale, include Imitrex (used to treat migraine), Zantac (for sto...

Imperial Tobacco Poised to Be Third-Largest Player in US Market

Jul 15, 2014 at 22:01 | Source: Wall Street Journal

LONDON—A 113-year-old company founded to prevent an American cigarette baron from buying up the British tobacco industry is poised to become the third-largest player in the U.S. market. Imperial Tobacco Group IMT.LN -3.69% Imperial Tobacco Group&am...

Reliance Industries, L&amp;T, DCB in Focus Today

Jul 15, 2014 at 10:00 | Source: NDTV Profit

The Nifty opened higher on Tuesday. Lower retail inflation number announced post market yesterday, positive closing in the US market and higher opening in Asian market likely to boost sentiments today. Foreign investors remained net sellers of Indian...

Global stock markets hit by Portuguese bank concerns

Jul 10, 2014 at 20:57 | Source: BBC

Stock markets in Europe and the US have fallen over concerns about the health of one of Portugal's biggest banks. Shares in Banco Espirito Santo were suspended after falling 17% following concerns about accounting irregularities at its parent gr...

Federal Reserve plans to end stimulus in October

Jul 10, 2014 at 03:52 | Source: BBC

The Federal Reserve will end its stimulus programme in October if US economic growth continues at its current pace, minutes from its June meeting released Wednesday revealed. The Fed has been buying bonds to lower long-term interest rates and boost g...

Asian Shares Ease as Investors Look to Earnings

Jul 07, 2014 at 14:00 | Source: NDTV Profit

Tokyo: Asian stock markets got off to a slow start on Monday after a US market holiday but held near three-year highs on optimism about the US economy, with investors now shifting their focus to corporate earnings. MSCI&#39;s broadest index of As...

Asian Shares Off to Slow Start, Investors Look to Earnings

Jul 07, 2014 at 10:00 | Source: NDTV Profit

Tokyo: Asian stock markets got off to a slow start on Monday after a US market holiday but held near three-year highs on optimism about the US economy, with investors now shifting their focus to corporate earnings. MSCI&#39;s broadest index of As...

Bharti Airtel, HDFC, Sesa Sterlite in Focus Today

Jul 04, 2014 at 10:00 | Source: NDTV Profit

The Nifty is likely to open higher on Friday tracking gains in US markets, where the Dow Jones crossed 17,000 for the first time on positive job report. Foreign investors continued their buying momentum on Thursday by putting in Rs 951 crore (net) in...

Wall Street opens higher after payrolls; Dow tops 17,000 for first time

Jul 03, 2014 at 21:12 | Source: Economic Times

NEW YORK: The Dow industrials broke above the 17,000 milestone on Thursday and the S&P 500 came within 1 per cent of piercing through 2,000 after the US unemployment rate fell to its lowest in almost six years and the American economy created many m...

BIS: Central banks warned of 'false sense of security'

Jun 30, 2014 at 02:52 | Source: BBC

The Bank for International Settlements (BIS) has warned that ultra-low interest rates have lulled governments and markets into a false sense of security . The Basel-based organisation - usually dubbed the central banks' central bank - urged poli...

Spotlight back on pharmaceuticals, IT stocks as rupee falters

Jun 28, 2014 at 12:37 | Source: Economic Times

MUMBAI: Investors have turned to defensive stocks such as technology and pharmaceuticals from cyclical and financial services as geopolitical tension in Iraq and a poor monsoon loom over India, threatening to undermine Prime Minister Narendra Modi's ...

Brazil property prices: Fears of 'bubble' in home costs

Jun 25, 2014 at 18:32 | Source: BBC

House prices have soared in Brazil's big cities as salaries have grown and mortgages have become easier to obtain. But while millions of homeowners have benefited, others struggle to pay their bills. In the first of a two-part look at Brazil...

After two sessions of losses, Sensex up 45 points in early trade

Jun 20, 2014 at 11:27 | Source: FirstPost

Mumbai: The benchmark BSE Sensex on Friday rose over 45 points in early trade after two sessions of losses on emergence of buying by funds in oil and gas, consumer durables, realty and healthcare sector stocks amidst a firming Asian cues.The 30-share...

Sensex reverses early gains, down 44 pts on rising Iraq unrest

Jun 19, 2014 at 17:12 | Source: FirstPost

Mumbai: In volatile trading, the benchmark Sensex on Thursday failed to maintain early gains and ended down 44.45 points at 25,201.80, led by losses in ONGC and RIL scrips, as oil continued its upmove on fighting in Iraq.The Sensex resumed higher at ...

China IT market a hard nut to crack for Indian companies: Infosys China CEO Rangarajan Vellamore

Jun 15, 2014 at 16:27 | Source: Economic Times

BEIJING: The Indian IT industry, which has of late been eyeing the Chinese market, will have to sweat to gain entry here, a top Infosys official has said. Penetrating into tier two banks in China, however, is possible as they are are looking for alt...

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