Monday, May 30, 2011

Augmentin largest selling drug, Abbott top pharma co

Augmentin largest selling drug, Abbott top pharma co


Augmentin largest selling drug, Abbott top pharma co

Posted: 30 May 2011 07:01 PM PDT

Widely used drug Augmentin occupied the top slot, becoming the largest selling drug in the overall domestic retail market, while multinational company Abbott leapt to the top position with the largest market share for a 12-month period ending April 2011.


Japan jobless rate in April rises to 4.7%

Posted: 30 May 2011 05:56 PM PDT

Japan's unemployment rate in April rose for the first time in six months, while the nation's factory output posted a weaker-than-expected rebound amid sluggish output following the March earthquake and tsunami.


Rains won’t wash away auto cos’ woes

Posted: 30 May 2011 04:56 PM PDT

Monsoon has come early but the tractor and automobile industry isn't sure the good news is enough to wash away the double whammy of rising interest rates and high inflation. While bumper crops should help ease inflation, it's still not enough to ease the pinch, said industry insiders.


RBI policy panel backed lower hike

Posted: 30 May 2011 04:54 PM PDT

RBI governor D Subbarao raised interest rates by half a percentage point on May 3, overriding the opinion of a majority of members of RBI's monetary policy panel who favoured a moderate quarter percentage point increase.


MTS offers half-a-paisa per sec tariff

Posted: 30 May 2011 04:51 PM PDT

Sistema Shyam TeleServices Ltd , which operates under MTS brand, on Monday offers tariff of half-a-paisa per second to all its customers to make a call on any telecom network in the country.


OVL, Sistema may pool Russia assets

Posted: 30 May 2011 02:20 PM PDT

ONGC Videsh Ltd is considering forming a consortium with four other state-run oil firms to acquire a 25% equity in an entity that is proposed to be formed by pooling assets of its subsidiary Imperial Energy and those owned by Russian oil-to-telecom group Sistema's holding in Russneft and Bashneft.


Experts see limited impact on inflation

Posted: 30 May 2011 01:22 PM PDT

The arrival of monsoon on time may have spurred hopes of bumper crops but economists say it is too early to take a view on the impact of the rains on prices and much would depend on the spread and distribution of rains in the months ahead.

Tech cos adopt venture capital model

Posted: 30 May 2011 12:07 PM PDT

Indian technology companies are donning the venture capital (VC) hat to incubate business ideas generated by employees.

Japan's Kokuyo to buy Camlin in Rs366cr deal

Posted: 30 May 2011 12:04 PM PDT

Japan's Kokuyo Co will pick up 50.3% in India's leading stationery manufacturer, Camlin, for Rs 366 crore, in a deal to be executed in three tranches.


Rupee gains 8 paise against dollar

Posted: 30 May 2011 07:08 AM PDT

The rupee on Monday appreciated by eight paise to close at 45.08/09 against the US currency following a sustained sale of dollars amid renewed capital inflows despite weakness in equities.


RCom Q4 net profit plunges 86%

Posted: 30 May 2011 06:24 AM PDT

However, revenues from operations grew to Rs 7,876 crore in the fourth quarter ended March 31, 2011, from Rs 5,092.8 crore in the same quarter previous year.


Sensex slips 34pts on profit booking

Posted: 30 May 2011 04:20 AM PDT

Erasing its morning gains, the BSE index Sensex closed 34 points down at 18,232.06 level on profit booking amid concerns over high inflation and interest rates.


M&M to launch 8 new vehicles in FY2012

Posted: 30 May 2011 03:43 AM PDT

Mahindra & Mahindra , India's largest utility vehicles maker, plans to launch eight new vehicles in the current financial year.


Apparel exports grow about 13% in April

Posted: 30 May 2011 01:47 AM PDT

India's apparel exports grew by about 13% to $1 billion in April 2011 year-on-year, due to strong demand from the US and European markets.


Sensex rises in morning trade

Posted: 29 May 2011 09:31 PM PDT

A benchmark index for Indian equities markets on Monday rose in early trade, beginning the week on a positive note.


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