One of the earliest diagnoses made by Sun Pharma in the run-up to the
Ranbaxy acquisition was that since the entire management was focusing on
resolving the US FDA's negative observations, there was a lack of focus
towards expanding the business.
Resveratrol XAR is a wonder molecule that, according to Tripathi, can
alter the genetic code and revitalise cells to ward off chronic
age-related diseases. In fact, he claims to have succeeded in what big
multinational pharmaceutical companies could not achieve after spending
billions of dollars in genetech research.
Like the IT services sector, these start-ups feel that given the
amount of affordable and ingenious talent available in the country,
India is likely to emerge as a key player in the AR/VR/MR global content
and services market.
The 14 IPOs since April were subscribed over 32 times on average. Those
of RBL Bank, Advanced Enzyme Technologies, Quess Corp, Mahanagar Gas,
Thyrocare Technologies and Ujjivan Financial were subscribed 40 to 82 times.
Every bull run leads to the emergence of new billionaires. The current
one is no different. Just like the promoters of VRL Logistics, Arvind
Lal of Dr Lal Pathlabs, too, has made windfall gains. In fact, listing
has nearly doubled his wealth.
Business sentiment improves for the second consecutive quarter as corporate leaders expect urban and rural consumption to rise over the next six months, finds the latest Business Today-C fore Business Confidence Survey.
The perception of India outside India has been very
positive. Prime Minister Modi has been a key contributor to that
increased positive perception. Just from the US perspective, he has been
very engaged, very active, says John B. Veihmeyer, Global CEO of KPMG.
Mid and small companies, and the agriculture sector, are major contributors to banks' bad assets. The NPA levels of large corporations are now all set to change
with the central bank closing the corporate debt restructuring window.
India's external debt rose by $10.6 billion in 2015/16, but the situation is relatively stable. with India's foreign exchange reserves at a comfortable 74.2 per cent of total external debt, there is no need to be unduly concerned
The first leg of the LLOYD Business Today Pro-Am of Champions teed off at the Panchkula Golf Club, Panchkula on Saturday. Set along the banks of the river Ghaggar, the golf course is spread over 135 acre.
Yashish Dahiya, CEO and co-founder, PolicyBazaar.com, in a conversation with Teena Jain Kaushal, explains how online platforms, including e-commerce players, are contributing to the growth of the insurance industry.
Rajan Anandan, Google's Vice President of South-East Asia &
India, along with senior executives of Google, unveiled a host of
initiatives and products specifically for India. The new launches
include free Wi-Fi at popular places, a new version of YouTube and
messaging app Allo.
The Indian pharmaceutical industry has spawned many fascinating stories
of entrepreneurs, who started out with limited or no resources but went
on to build multinational operations and highly profitable companies,
seizing opportunities in India and abroad as they came along.