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Pharma News

21 Feb 2023

Indore Crime: Student Burns Female Principal For Not Giving Marksheet

A shocking incident took place in Madhya Pradesh's Indore. A student burnt female principal for not giving marksheet. In this incident, principal got burnt upto 90 percent. The accused student has been arrested by police.

Commerce Ministry

27 Nov 2018

Commerce ministry recommends continuation of anti-dumping duty on chemical

The move is aimed at guarding domestic manufacturers of 'Methylene Chloride' from cheap imports from the European Union (EU) and the US.

16 Apr 2018

Bangalore highest paying city; pharma, healthcare highest paying industry

Professionals from the pharma and healthcare industries are paid the highest in India with an average annual CTC of Rs 9.6 lakh across all levels and functions.

19 Apr 2017

Pharma stocks may outperform in the market

08 Apr 2017

Sensex fails to maintain 30,000 level on fag-end selling pressure

The S&P BSE benchmark sensex failed to maintain 30,000 level and Nifty also tumbled from all-time high level due to fag-end selling pressure after the news of US striking Syria.

06 Jun 2016

This app will help you learn how the stock market works

Aiming to invest in the stock market but unsure of how it works? Learn from this app

07 Mar 2016

Pharma crusader takes India's drug regulators to court

Dinesh Thakur's fresh case, a Public Interest Litigation (PIL) suit, is listed on the Supreme Court website for hearing on Friday.

Medical devices

25 Nov 2015

Overpriced medical devices: Govt asks companies to submit MRP details

Amidst reports of rising prices of medical devices including stents, the Government has asked the companies to review their pricing and submit maximum retail price (MRP) details of their products to drug price regulator NPPA.

27 Jul 2015

Pharmexcil sees $1.2 billion export hit from EU ban

India's business loss arising from the European Union's ban on 700 generic drugs is likely to be around USD 1.2 billion, says industry body Pharmexcil.

Commerce Ministry

05 Jul 2015

Commerce Ministry takes steps to boost pharma exports, sets up committee

Pharmaceutical sector has huge potential in terms of increasing exports, the Commerce Ministry is taking many measures to boost overseas shipments, a ministry official said.

Foreign direct investment

17 Jun 2015

Govt approves FDI worth Rs 4,000 cr in pharma sector

Proposals for foreign direct investment amounting to around Rs 4,000 crore by four pharma and medical devices firms, including Torrent Pharmaceuticals and Biocon's research services arm Syngene, were on Wednesday approved by the government.

25 Mar 2015

SC stays Delhi HC order till April 28 against Glenmark

Supreme Court today stayedtill April 28 the order of Delhi High Court barring Indian pharma major Glenmark Pharamceuticals from making, marketing or selling its anti-diabetes medicines in which US drug major Merck Sharp and Dohme (MSD) has claimed patent right.

24 Mar 2015

Sun Pharma, Ranbaxy rise after regulatory nods for merger deal

Shares of Sun Pharmaceutical Industries and Ranbaxy Laboratories today settled in the positive territory after regulatory nods paved the way for completion of their USD 4-billion merger.

20 Mar 2015

FTC passes final order in USD 4 billion Sun-Ranbaxy deal

US anti-trust regulator FTC has passed its final order settling charges that Sun Pharma's USD 4 billion deal to acquire Ranbaxy Laboratories could result in unfair business practices.

12 Mar 2015

Govt may set up new Ministry for pharmaceuticals sector

The government may establish a separate Ministry for the pharmaceuticals sector, which would comprise all departments that deal with issues related to the industry.

05 Mar 2015

Sensex rebounds 68 pts as pharma, FMCG, banking shares rise

After taking a day's breather, markets today continued their upward journey with the benchmark Sensex rebounding over 68 points while the Nifty edged up 15 points on buying in pharma, FMCG, banking and auto shares amid sustained foreign fund inflows.

15 Feb 2015

R&D activities in pharma may get tax boost in Budget

"There is an urgent need to boost R&D in the pharma sector. India is the hub of generic medicines. It contributes significantly to the country's total exports," the official added.

12 Feb 2015

Glenmark Q3 net dips 47 pc at Rs 114.77 cr

Glenmark Pharmaceuticals today reported a 46.92 per cent dip in its consolidated net profit at Rs 114.77 crore for the quarter ended December 31, 2014 mainly due to forex losses and increased expenses.

09 Feb 2015

Pharma exports to reach Rs 1.1 lakh cr by FY'16

The pharmaceutical industry continues to benefit from lower cost of research and production which aids manufacturing for exports, the report said.

23 Nov 2014

Govt plans to bring all pharma related Depts under one roof

"We are working on one proposal to bring all the departments or government agencies which deals with the pharma sector under one single department," Minister of Chemicals and Fertilisers Ananth Kumar said.

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