Indian pharmaceutical companies may have units abroad as part of “distributed manufacturing” across various locations, according to industry veterans. This may come about over the next five to 10 years. There will be more interdependence between research and development (R&D)
Equity benchmark indices Sensex and Nifty surrendered early gains to close almost flat in a highly volatile trade on Friday as uncertainties over the global trade war sapped investor’s risk appetite. Snapping its two-day winning streak, the 30-share BSE Sensex
In a first for a major corporate house, engineering, procurement and construction major Larsen and Toubro on Thursday announced a one-day paid menstrual leave for women employees. Photograph: Shailesh Andrade/Reuters The move will benefit about 5,000 women employees at the
Benchmark stock index Sensex rallied nearly 610 points to reclaim the 74,000 mark while Nifty closed above 22,500 in their second day of gains on Thursday following heavy buying in Reliance Industries on easing crude oil prices. Photograph: Shailesh Andrade/Reuters
The Indian automotive market offers around 1 million units annual volume opportunity at a price above $23,000. Photograph: Kind courtesy, Makara Heng/Pexels Amid increased buzz around Tesla’s entry into the Indian market, analysts feel that the US firm will have
Investors became richer by nearly Rs 8 lakh crore on Wednesday as benchmark BSE Sensex surged by 740 points amid value buying in utilities and power shares and a strong trend in global markets. The 30-share BSE Sensex surged by
Benchmark BSE Sensex surged by 740 points while Nifty snapped a 10-day losing streak on Wednesday following value buying in utilities and power shares and a strong trend in global markets. Photograph: Savita Kirloskar/Reuters The 30-share BSE Sensex surged by
Industry insiders in India warn that any such move in the pharmaceutical sector could be counterproductive for the US as it may face increased drug shortages if tariffs are imposed on such imports. IMAGE: US President Donald Trump. Photograph: Evelyn
Equity benchmark indices are facing massive corrections, with the NSE Nifty declining over 14 per cent from its lifetime high hit in September last year due to several negative triggers like stretched valuations, foreign fund exodus, disappointing quarterly earnings and
Benchmark BSE Sensex recovered 147 points in a range-bound trade on Tuesday, ending its five-day slide on the back of buying in financial and FMCG shares. Photograph: Savita Kirloskar/Reuters The 30-share BSE benchmark Sensex climbed 147.71 points or 0.20 per
