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Sun pharma gets fresh support in Taro battle
Advisory firm calls for vote against Taro board’s proposals

Govt may give sops to drug exports avoiding Europe
The Centre may give sops to drug exporters for shipments to Africa and Latin America through a route that would avoid passing through Europe, while it prepares to drag the EU to the World Trade Organisation (WTO) over seizures of consignments of Indian pharma companies.

News of the day

Pharma, telecom, FMCG sectors may hike pay 12% in 2010
Driven by scarcity of talent and increasing competition, India Inc is expected to hike salaries in the new year with the pharma, telecom and consumer goods companies leading the space with up to 12 per cent pay hike, global consultancy Ernst & Young (E&Y) says.
Public Company

United Spirits to raise $300 mn to repay debt

The country largest liquor manufacturer, United Spirits Limited (USL) today said it will raise $300 million through various channels to repay part of its debt. "We have repaid $300 million of debt and another $250-$300 million dollar of debt will be repaid by the end of this fiscal," United Breweries Group President & CFO Ravi Nedungadi told reporters on the sidelines of an Assocham event.


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