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Paras Pharmaceuticals

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Trade margins capped at 70% for oximeters, BP meters, other medical devices

The medical devices, which have been in high demand during the Covid-19 pandemic, will now see a drop in prices, as the earlier margins were up to 709 per cent for some of these products. IMAGE:......

Delhi HC sets aside government decision to cap condom prices

In a relief to pharma majors, the Delhi high court on Friday held as "illegal and unsustainable" the Centre's decision to put a ceiling on the price of condoms, including the luxury variety. A......

'If Burhan Wani had lived in India he wouldn't have become a militant'

‘I was born in Hindustan. Why do we have to prove our Indianness every time? Would you ask this of a Bihari?’ Six Kashmiri Muslim students belonging to Sarhad, an organisation which......

President's address to the Parliament

Following is the trascriptof President Pratibha Patil's address to the joint sittingof Parliament on Thursday.Honourable Members, I convey my good wishes to you and to all our people. On behalf of......

Why Drug Prices Won't Increase This Year

The government has been stringent with pricing changes.Prices of 651 essential medicines came down from April 1, 2023 by 6.73 per cent with the government capping ceiling prices of these drugs.......

Reckitt to sell Paras' personal care arm

Reckitt Benckiser, which bought Paras Pharmaceuticals last year in one of the largest deals in the Indian FMCG space, is set to sell the latter's personal care business.Sources say Reckitt, which......

Reckitt Benckiser to acquire Paras Pharma

Multinational FMCG giant Reckitt Benckiser on Monday said it has agreed to fully acquire Ahmedabad -based Paras Pharmaceuticals Ltd for Rs 3,260 crore (Rs 32.60 billion). As part of the deal, the......

Govt caps trade margin on oxygen concentrators at 70%

The government has capped the trade margin on oxygen concentrators at 70 per cent in order to keep in check the price of the much in demand critical life saving component amid the second wave of......

30 cos may float IPOs in Oct-Nov to mop up Rs 45,000 cr

Hectic fundraising through initial public offerings (IPOs) is expected in October-November, with at least 30 companies are looking to collectively raise over Rs 45,000 crore through initial......

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