Price Collusion

In 2022, DHL said it would invest $547 million to expand its warehousing and workforce in India, which it called a priority market. Last month, a FedEx unit invested $100 million to set up a technology and digital innovation centre.

Pharma sector sales down 10-12%, pain to ease by Jan: Wockhardt

The pharmaceutical industry did suffer some set back with sales declining about 10-12 percent since demonetisation. However, Habil F Khorakiwala, Founder, Chairman & Group CEO of Wockhardt feels the impact will last only until January at the most as cash availability is improving.

Pharma price collusion charges tough to prove: Prabhudas

Surajit Pal of Prabhudas Lilladher said the brokerage will not be taking price action for pharma stocks. It will be difficult to prove the charges of price collusion, he added.