Sensex, Nifty end lower on global concerns; Midcaps outperform

The broader markets displayed divergent trend with BSE Midcap index closed up by 0.6% and Smallcap index closed down by 0.4%, respectively. Benchmark share indices snapped a two-day winning streak......

US oral contraceptive market draws Indian pharma

Indian pharmaceutical companies, which always wanted a big share in the global copycat drug market, are betting high on the oral contraceptive (OC) market in America.Apart from Glenmark, Sun......

Strong US growth to boost pharm cos' fortune in FY14

Sun, Lupin and Dr Reddy’s to lead here, with domestic formulations expected to rebound after Sept quarter. After posting a strong 20-plus per cent growth in the March quarter, top Indian......

FIIs hold 10% in 226 Indian firms

Foreign institutional investors now hold at least 10 per cent stake in one in every seven major Indian companies. These companies are listed under the A, B1, B and S groups on the bourses.There are......