Amid reports of a US Congress probe against India's largest drug maker Ranbaxy Laboratories, data show that many leading multinational companies such as Pfizer, GlaxoSmithKline, Novartis and Merck are also under the scanner of the US drug regulator, for more
The Department of Telecommunications (DoT) has mooted a proposal under which operators will pay a one-time fee for all spectrum allotments beyond 6.2 MHz.
Shanghai is the worst performing stock market of the world in CY 2008. It has just replaced Vietnam at the top of the ladder among the worst performers with a 48.97 per cent fall.
Bharat Petroleum Corporation (BPCL), the country's second largest oil marketing company, plans to diversify into bottled water and direct to home (DTH) services in an attempt to boost its profits.
According to research firm IDC, China shipped 85 million GSM handsets in the last fiscal. And it says China's percentage share is likely to go up since these phones offer swanky features ranging from 3 megapixel camera, terrestrial TV, music
Gitanjali Group, the Rs 4,500-crore (Rs 45 billion) diamond-studded jewellery manufacturing firm, has evinced interest in setting up a special economic zone (SEZ) for diamond processing industry near Bangalore.
Two US Congress members have expressed doubts over the quality of inspections conducted by the US Food and Drugs Administration (FDA) on Indian drug manufacturing facilities.
Faced with the growing rate on inflation and the high cost of borrowing funds from the Reserve Bank of India, several top bankers of the country met with the RBI officials and conveyed their concerns on the prospective margin pressures
Cases of frauds continue in the city, as the Delhi police arrested a 77-year-old NRI businessman on Monday. The accused, identified as Harbhajan Singh Chopra, was arrested for allegedly duping a Mumbai-based company by procuring a loan of Rs 10
George W. Bush has agreed to commit the US to a "time horizon" for withdrawal of US combat troops from Iraq, marking a significant shift by a president who has long opposed setting target dates for ending the war
Just three weeks before the Beijing games, concerns are growing that sweeping security measures could suck all the fun out of the world's biggest sportsfest
IA has cut fares on the UAE to Delhi and Mumbai routes by 20 per cent. The one-way fare has been cut from Dh500 (about Rs 5,500) to Dh 400 (Rs 4,400), while the fuel surcharge remains same. The new
An empowered group of minister headed by External Affairs Minister Pranab Mukherjee, has decided that companies 'would sell gas to consumers in accordance with the marketing priorities determined by the government.' "The sale would be on the basis of formula
Finance Minister P Chidambaram on Friday downplayed the lowering of India's credit outlook by global rating agency Fitch, saying it is not a cause of worry as economic fundamentals are strong.
An analysis of private investment in public equity in 2007 shows that these deals in the country have lost funds to the tune of $850 million till July 14 this year. The loss can be attributable to high entry valuations
Reserve Bank of India Governor Y V Reddy has been awarded an honorary fellowship by the prestigious London School of Economics and Political Science for his contribution to the cause of the under-privileged.