Pharma firms spend 10% of production cost on tie-ups

Leading pharmaceutical companies are now making serious attempts to tie up with technology partners to enable their consumers identify genuine products in the market. Drug makers such as Ranbaxy......

Taxpayers' right to be taxed the least

There are so many exemptions that one sometimes finds overlapping exemptions and two exemptions for the same item with slightly different nomenclature and conditions, says Sukumar Mukhopadhyay. The......

Pharma firms ditch Gujarat over tax sops

Pharmaceutical companies are leaving their traditional production hubs in Gujarat and Maharashtra in favour of states that offer tax concessions. Himachal Pradesh, Uttaranchal, Jammu & Kashmir and......

Drug firms to lose Rs 800 crore on SC order

In what could cost pharmaceutical companies almost Rs 800 crore (Rs 8 billion), the Supreme Courton Fridayset aside an earlier judgment of the Bombay high court, which said that certain drugs......