Glenmark close to diabetic deals with global firms

Glenmark Pharmaceuticals would soon close its second discovery molecule outlicensing deal with a multinational drug company. The lead molecule - GRC 8200, a promising drug for treatment of type 2......

India's manufacturing capacity utilisation declines to the lowest ever

Industry players said they were indeed seeing a serious fall in capacity usage, though some sectors were seeming to prevent further fall in the overall capacity utilisation. Capacity utilisation......

Cheaper crude oil soothes India Inc's nerves

Some are treating the price correction as akin to a fiscal stimulus that could kick-start a new demand cycle in the economy. India Inc is finally seeing some silver lining and is talking in terms......

PSUs not floating in cash any more

The finance minister is pushing public-sector companies into using their cash pile to kick-start a fresh capex cycle, or lose the cash.The move is being welcomed by capital goods makers. Thermax......