Pharmaceuticals
Glaxo announces open offer to hike stake in Indian arm
16 Dec 2013
Betting on rising drug demand, GlaxoSmithKline Plc has earmarked around $1 billion to raise its stake in its Indian subsidiary to 75 per cent
No non-compete clause in pharma sector takeovers: govt
02 Dec 2013
Promoters of a company would be free to invest in a similar pharma unit after they sell-off an existing unit
Cabinet refuses to peg pharma sector FDI at 49%
29 Nov 2013
Despite an alarming rate of rejection of Indian pharmaceutical manufacturing and R&D facilities by foreign acquirers, the union cabinet has refused to revisit the pharma sector FDI policy
Government to review FDI policy in pharma, realty
23 Nov 2013
The union cabinet is expected to initiate the process of reducing FDI limits to 49 per cent in existing pharmaceutical companies producing critical medicines
Commerce ministry bats for limiting pharma FDI at 49%
15 Nov 2013
A cabinet note prepared by the Department of Industrial Policy and Promotion has sought stricter R&D and investment norms for FDI in pharma sector
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