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Pharma group to meet on doubling exports

The consultative group on pharmaceutical exports, set up by the Union Commerce Ministry to find ways to double Indian exports by 2014, is holding its first meeting here on Friday.…

September 28, 2011 / No Comment / Read More

Finance ministry puts its foot down, says no FDI cap in pharmaceuticals sector

NEW DELHI: The finance ministry will resist any move to impose any kind of limits on foreign direct investment (FDI) in the Rs 47,000-crore pharmaceuticals sector, putting it at odds with…

September 27, 2011 / No Comment / Read More

Biotech ind seeks clarity on regulatory framework

The opportunity of India becoming a global research hub for the pharmaceutical sector will be lost if the regulatory issues and policy ambiguities are not rectified, and thereby would fail…

September 22, 2011 / No Comment / Read More

Khazanah Ups Parkway Offer; Fortis To Exit

Fortis Healthcare and its founding family on Monday lost the bid for Parkway Holdings when it accepted an offer from Malaysian state investor Khazanah for its 25 per cent stake…

July 26, 2010 / No Comment / Read More

Fortis Shares Zoom 6% On Parkway Stake Sale

Shares of Fortis Healthcare today rose 6.42 per cent, after the company said it will sell its entire stake in Singapore’s Parkway Holdings to Malaysia’s sovereign fund Khazanah. Fortis Healthcare…

July 26, 2010 / No Comment / Read More

Reckitt Benckiser to acquire SSL International for €2.54 billion

Reckitt Benckiser, the Anglo-Dutch household products and drugs group, today said that it has agreed to buy Durex condom and Scholl foot-care maker SSL International for €2.54 billion ($3.89 billion)…

July 21, 2010 / No Comment / Read More
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