Although big players are expecting 50 per cent cut in earnings, they are still in a better position than smaller ones to raise bank loans. However, the uncertainty around how long the corona crisis will last will add to their problems

The government is ensuring that around 20 domestic manufacturers are producing PPEs but it has not proven to be adequate

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Set up in 1979, Transasia Bio-Medicals now exports diagnostics equipment to more than 90 countries. It aims to improve the diagnosis of diseases in countries that need it the most - the emerging economies - and bring affordable solutions to people who need them the most.

European antitrust regulators are set to impose a fine on the pharma major, along with seven other drug makers for limiting the supply of low-cost medicines.

The pharma major is still to get its Paonta Sahib and Dewas units back on track for inspection and approval by the FDA so that it can resume supplies to the US from these facilities.

The move comes a few weeks after Ranbaxy was slapped with a $500-million fine in the US for having sold adulterated drugs.

Public sector insurers plan to start negotiations for preferred hospital networks in Kolkata, Chandigarh, Hyderabad and Ahmedabad.