With US President Barack Obama set to sign into law the landmark healthcare reform bill, the opposition Republican party on Tuesday announced it would move the Supreme Court against the legislation approved by Congress.
Opportunities will also stem from the clear support for generics.
A day after the US Congress passed the landmark Healthcare Reform Bill, the US President, Barack Obama, today said his administration is a step closer towards the passage of the real Financial Reform Bill
Indian IT companies are equally jubilant. That's because the Bill, which proposes to create Electronic Health Records (EHRs) for all Americans by 2014, is expected to open up a $20 billion market opportunity for Indian IT services firms like Infosys, Wipro, TCS, Firstsource and MindTree.
Reflecting the mood of the powerful business community on the healthcare reform bill passed by the US House of Representatives, the US Chamber of Commerce on Monday said the House made a "wrong and unfortunate" decision that "ignores" the will of the Americans people.
The US healthcare reform bill with its focus on cutting costs is likely to be beneficial for generic and CRAMS players.
The broader market outperformed with the S&P BSE Midcap down 0.3%, while the S&P BSE Smallcap was little changed.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances