News Room

IL&FS Engineering Services bags Rs 242.5 crore road contract in Karnataka

Uploading Date : 31-12-2016

IL&FS Engineering and Construction Company has bagged a road contract from Ministry of Road Transport & Highways, Government of Karnataka worth Rs 242.56 crore...........

See full article

Specialty drugs to remain focus of pharma deals in 2017

Uploading Date : 30-12-2016

A few years ago, Indian companies made acquisitions to expand manufacturing capabilities and increase their portfolio of generic drugs, which are copycat versions of branded medicines.........

See full article

After government's nudge, banks set to slash interest rates in next few days

Uploading Date : 30-12-2016

Nudged by the government, banks are poised to slash interest rates in the next few days as they move in lockstep with the administration to lift the spirits of borrowers following the dislocation caused by demonetisation and the 50 days sought by Prime Minister Narendra Modi come to an end..............

See full article

Demonetisation: Deadline to deposit junked notes ends tomorrow

Uploading Date : 29-12-2016

The 50-day deadline to deposit the old Rs 500/1,000 notes in banks comes to an end tomorrow but the cash crunch and queues before ATMs are likely to continue for some more time as currency printing presses have failed to meet the huge demand for new bills.............

See full article

Government sanctions Rs 200 crore for Tirupur dyeing industry

Uploading Date : 29-12-2016

The government today sanctioned Rs 200 crore to Tirupur dyeing industry which was on the verge of closure due to severe financial crisis. The industry was facing problems on account of their huge investments in the first ever Zero Liquid Discharge (ZLD) projects in the country, the textiles ministry said in a statement............

See full article

FMCG firms want Nielsen to tweak sampling mechanism

Uploading Date : 28-12-2016

Several consumer product firms have urged top market research firm Nielsen to revalidate its tracking system for two channels that now account for a significant chunk of their sales – cash & carry wholesale market and hotels & restaurants........

See full article

Biologics enter top selling drugs’ list

Uploading Date : 28-12-2016

The global pecking order of blockbuster drugs has undergone a huge shift with seven out of 10 top selling drugs now being biologics. Even the top-selling drug, Humira for rheumatoid arthritis, is a biologic therapy, having toppled Pfizer's anti-cholesterol drug Lipitor, the top-grossing blockbuster drug for many years..........

See full article

Big firms upbeat on Gujarat, promise more investment

Uploading Date : 27-12-2016

Leading industrial houses on Monday praised the Gujarat government, saying 72 per cent of the memorandums of understanding (MoUs) signed at the last Vibrant Gujarat Summit had been implemented or were being executed..........

See full article