Tag: BS

Bulk drug industry needs to be strengthened’


There is a need to look at strengthening development of the bulk drug industry in India as the country offers tremendous potential in research and development, a senior government official said at the  5th India Pharma Summit.  MUMBAI: There is a need to look at strengthening development of the bulk drug industry in India as the… Read More ›

FDI in pharma doubled during April to December


The government had cleared a Rs 5,168 crore proposal of US-based pharma firm Mylan Inc’s to acquire Indian generic drugs company Agila Specialties.  NEW DELHI: Foreign direct investment in the pharma sector has more than doubled to $1.26 billion during the April-December period of 2013-14 fiscal amid concerns over increasing acquisitions of domestic firms by… Read More ›

Oil and gas retailing: Changes to pivot around individual consumer


While both policies pivot around giving a new deal to individuals & households, they change the way they look at this set of consumers: from buyers of products at subsidised prices to buyers of products at marketlinked prices.  In two policy changes, one that is currently unravelling and another that is done, resides a promise… Read More ›

GMR may challenge order scrapping user development fee at Hyderabad airport


HYDERABAD: GMR Hyderabad International Airport Ltd is considering challenging the regulator’s order scrapping the user development fee at Rajiv Gandhi International Airport here, a group official said today. The order by the Airports Economic Regulatory Authority (AERA) will have a negative impact on the company’s financials, said Siddharth Kapur, chief financial officer of GMR Infrastructure’s… Read More ›

Tech firms, Indian airlines join hands for flight safety


NEW DELHI: Aviation technology firms are entering the Indian market in a big way, tying up with airlines like Air India, IndiGo and GoAir to provide critical components to enhance flight safety and run their businesses. Air India today signed a MoU with major US firm Honeywell to upgrade the landing and take-off gears of… Read More ›

Green manufacturing leading to economic and ecological gains


Faced with increased regulatory pressure, chemical manufacturers, especially pharmaceutical and fine chemicals makers, are taking green route for processing Chemicals industry is under increased pressure across the supply chain with a traditional reliance on non-renewable resources (that are becoming increasingly scarce and have uncertainties over continuity of supply); old processes (most chemical processes are based… Read More ›

Tata Motors launches campaign against spurious spare part makers


This is part of a systematic campaign against the sale of spurious spare parts under the Tata Genuine Parts brand.  PUNE: Cracking down on counterfeit spare parts makers, Tata MotorsBSE 0.15 % conducted a raid at 33 parts manufacturers and duplicate packing suppliers in Maharashtra. This is part of a systematic campaign against the sale… Read More ›

Upbeat Boeing and Airbus revise 20-year market outlook for India


As per Boeing outlook, between 2013 and 2032 Indian airlines will buy 1,600 aircraft valued $205 billion.  HYDERABAD: Two of the world’s largest aircraft manufacturers – Boeing and Airbus – have both revised their 20-year market outlook for India stating that the country will see more aircraft sales till 2032 than what they had estimated… Read More ›

Oil India: Optimism on gas prices, subsidies


These larger benefits, added to other favourable factors, outweigh near-term concerns, causing analysts to be bullish on the stock Oil India Ltd (OIL), the upstream major in the sector, has seen its stock under pressure for quite a while, with concerns on production volumes, uncertainty over subsidy burden and, recently, the government’s plan of selling its stake in… Read More ›

Proposed US law could boost gas export to India


The surplus is largely due to rapid advances in the technology and extraction of shale gas and oil over recent years The latest version of a Bill in the US legislature for expedited approval on export of natural gas to World Trade Organization members could help India. Over the past year, surplus production of LNG (liquefied natural gas) in… Read More ›