No F-16s for Pakistan, clarifies US

The United States has no plans of releasing F-16 fighter jets to Pakistan that were sold in the late 1980s, the Pentagon clarified on Thursday night. Several media reports said the United States......

Biocon chief: Sebi's insider trading laws need an overhaul

Corporate leaders said since the law and evidence gathering is vague, it’s time for the government to set up a quasi-judicial body to adjud­icate on all these cases before any Sebi......

'Cipla has emerged as a great "catchment area" for talent'

An insider said that over the past decade or so Cipla has become immune to the exits of leaders. There have been no directional change in the long-term strategies. This is a pandemic-hit year, but......

DRL, 1st Indian company to supply generic drugs to China's state hospitals

The drug that it would supply is called Olanzapine, used to treat schizophrenia and bipolar disorder. Hyderabad-based Dr Reddy's Laboratories (DRL) is the first Indian company to get approval for......

Sandoz to close generic development centre

Sandoz, the generic arm of Swiss drug maker Novartis, has decided to shut its facility for development of generic drugs in India. The facility, known as Sandoz Development Centre located near......