The latest available data from the Reserve Bank of India show a 77 per cent jump in the FDI in the first half of the current financial year (April-September), compared to what was $19.5 billion the same period a year ago.
After a virtuoso performance in an emotionally charged campaign-opener against arch-rivals Pakistan, India will have to maintain the attacking form when they take on Australia in their second Pool B match of the hockey World Cup in New Delhi on Tuesday.
The merger of Pfizer and Wyeth is expected to create the second-biggest drug maker among multinational companies in India. The world's largest drug maker Pfizer yesterday announced a $68-billion acquisition of US-based Wyeth.
It may be Doktor Mom in Russia, or Farex in India.
Australian Prime Minister Julia Gillard is set to head the country's first minority government in nearly 70 years after two kingmaker independent MPs on Tuesday extended support to her Labor party, giving it a wafer-thin one-seat majority after the August 21 cliffhanger polls.
An Indian-origin civil rights campaigner has threatened to sue a cabinet minister for allegedly insinuating that her relationship with former shadow Home Secretary David Davis was inappropriate.Shami Chakrabarti, 39, the prominent director of civil rights group Liberty, has demanded a public apology from Andy Burnham, the Culture Secretary, who she accuses of tawdry character assassination and innuendo.
Cannes Advertising Festival has been a week of stimulating seminars, inspiring award shows etc
Two Indian-Americans were among seven people selected by the Asian American Heritage Council of New Jersey for its 2008 achievement awards. IT entrepreneur Dr Rajan Vaz will receive the President's Award while Dr Ramesh Pandey, president of the Ayurvedic University, will receive the award reserved for a person from the Indian community. The awards will be presented at a gala banquet scheduled at the Meadowlands Sheraton, East Rutherford.
The leading scorers in the 12th Men's Hockey World Cup at the conclusion of the semi-finals.
A market-savvy investor can also use this opportunity to make a quick buck. That is, purchase the share at a lower price from the market and sell it back to the company at a higher price.
This has prompted public health groups to call the concerns of Swiss drug major Novartis that inadequacies in Indian patent law will have negative consequences for patients and public health in India as 'bogus'.
Abbott and Astellas dismiss Omnicef violation case.
In a fresh round of patent battle over the launch of generic drugs in the US market, domestic pharmaceutical majors Orchid, Sun Pharma and Ranbaxy Laboratories have been sued by Cima Labs, Otsuka Pharmaceutical Co and Abbott Laboratories, respectivel
It may not be a war cry yet, but the voice is definitely getting shriller.
Sun Pharmaceutical Industries and Lupin Ltd will soon add another generic drug each to their US product basket. The companies received approvals from the US drug regulator to market generic equivalent of Pfizer's Dilantin Kapseals and Abbot's Mavik r
Ranbaxy Laboratories Ltd on Tuesday launched its approved generic formulation of Clarithromycin immediate release tablets in the US market.
With 40 million diabetic patients and an equal number of people estimated to be diabetic prone, India is emerging as a major market for blood glucose monitoring solutions.
An exorbitant rate is defined in the lawsuit as 'in excess of 10 per cent of the average price for those goods and services.'
The Indian pharmaceutical companies are involved in patent litigations of a mere 40 drugs, out of the 135 known patent litigation drugs in the US. This is despite the claims by major Indian players such as Ranbaxy and Dr Reddy's at having secured over 20 first to file status abbreviated new drug applications with the US Food and Drug Administration.
A man jumped on stage and shot four people dead before he was killed by a policeman.
Wockhardt Ltd has received tentative approval from the USFDA for anti-epileptic drug, Divalproex Sodium delayed-release tablets.
Lupin Ltd said on Friday it has received the approval from the USFDA for its Abbreviated New Drug Application for Cefdinir Suspension 125mg/5ml.
The company has already received approval from the US Food & Drug Administration for marketing clarithromycin tablets.
Wockhardt Ltd said on Thursday it has received approval from USFDA for marketing antibiotic, Clarithromycin tablets, in the US market.
Microsoft chief and software czar Bill Gates' charity organisation has offloaded its entire stake valued at nearly $23.1 million (over Rs 1 billion) in an India-specific investment fund.
The victory gave the Aussies their fourth entry into the Azlan Shah Cup hockey tournament final.
India frittered away a 2-0 first half lead and lost to Australia 3-2 in the semi-finals of the Men's Junior World Cup hockey tournament.
A 7-1 victory over Germany ensured them a place in the Men's Junior World Cup Hockey Tournament.
The Sensex closed at new high of 7,211 with a gain of 17 points.
Even as a lack of clarity in regulations is preventing Indian medical device manufacturers from making their presence felt in the $2 billion domestic medical equipment market, foreign players, mostly from the United States, are increasingly finding the country a preferred destination.
Ranbaxy Laboratories has received approval from the U.S. Food and Drug Administration to manufacture and market Clarithromycin XL 1,000 mg tablets.
Dr Sharma, director of the cardiac catheterisation laboratories, Mount Sinai Hospital, New York, is the national leader in installing stents, a controversial procedure that has attracted much attention and criticism.
The Sensex began Samvat 2,061 with a huge positive gap of 31 points at 5,985.
From thousands of job losses to historic bankruptcies to Dubai debt crisis, the year had more than its share of shocks.
Two studies reveal that elderly people who walked were more likely to maintain cognitive function. And the more they walked, the better.
Two studies reveal that elderly people who walked were more likely to maintain cognitive function. And the more they walked, the better.
The last week of October and the next two weeks will see many more movie hits in DVD and, in most cases, Blu-ray versions.