Saturday, December 8, 2012

India's vaccine industry faces litmus test

India's vaccine industry faces litmus test


India's vaccine industry faces litmus test

Posted: 08 Dec 2012 04:22 PM PST

An acid test on Monday will see a 16-member team from WHO to review the country's all-important NRA or the Drug Controller's Office to see if it meets the norms laid down to ensure that the vaccines produced in India are safe and of high quality.


Soon, you can shop on Shatabdis

Posted: 08 Dec 2012 04:17 PM PST

From January 2013, passengers will be able to shop on board the Shatabdi.


India’s coconut capital near Bangalore

Posted: 08 Dec 2012 02:54 PM PST

This small town, 80 km from Bangalore en route to Mysore, is best known for its vadas. But what most people don't know is that it is India's tender coconut capital.


Wipro buys Singapore FMCG firm for Rs 790 crore

Posted: 08 Dec 2012 02:52 PM PST

Wipro Consumer Care and Lightning (WCCL) has acquired the Singapore-based FMCG company LD Waxson for $144 million (approximately Rs 790 crore).


Ratan Tata denies 'venal' business environment comment

Posted: 08 Dec 2012 06:59 AM PST

Indian conglomerate Tata Sons on Saturday rebutted media reports quoting its chairman Ratan Tata of "warning the government of inaction" and the presence of a "venal business environment" in the country.


Inflation primary concern for RBI: Deputy governor

Posted: 08 Dec 2012 04:16 AM PST

Days ahead of the mid-quarter review of the monetary policy on December 18, RBI deputy governor Subir Gokarn today said inflation continues to the primary concern for the central bank.


M&M fails to buy stake in Aston Martin

Posted: 08 Dec 2012 12:29 AM PST

Aston Martin plans to invest $1 billion in new products and technology after Italian private equity fund Investindustrial agreed to buy a minority stake in the British luxury carmaker.


JPMorgan nearing UK tax settlement

Posted: 07 Dec 2012 10:56 PM PST

JPMorgan Chase & Co and the UK government are close to a settlement in which the bank and its employees could pay about 500 million pounds ($801.03 million) in back taxes, the Financial Times reported on Friday.


US extends waivers on Iran sanctions to India

Posted: 07 Dec 2012 08:27 PM PST

The United States granted 180-day waivers on Iran sanctions to China, India and a number of other countries on Friday in exchange for their cutting purchases of oil from the Islamic Republic.

US welcomes decision to allow FDI in retail

Posted: 07 Dec 2012 05:49 PM PST

The United States has welcomed the decision of the Indian Parliament to allow FDI in multi-brand retail, noting that this is a win-win for all from small businesses to farmers and consumers as well; besides deepening economic co-operation between the two countries.

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