Pharmaceuticals
Pfizer to settle bribery charges with US government: report
21 Nov 2011
Pfizer Inc will pay more than $60 million to settle allegations by the US government that the world's largest drugmaker paid bribes to win overseas business
Lupin to acquire Japan’s I'rom Pharmaceutical
17 Nov 2011
Pfizer, Ranbaxy sued over Lipitor price fixing in the US
10 Nov 2011
Pfizer and Ranbaxy have been sued for holding back a generic version of Pfizer’s cholesterol-lowering drug Lipitor in the US and then fixing its price.
Novartis to eliminate 2,000 jobs, close two sites in Europe
25 Oct 2011
The job cut, which is 1 per cent of Novart's workforce of around 120,000, is expected to generate annual savings of more than $200 million.
Abbott to pay $1.3 bn to settle Depakote epilepsy drug claims
24 Oct 2011
The settlement is an outcome of a whistle-blower lawsuit bought on by former and current Abbott sales employees alleging unapproved uses were promoted in a variety of US healthcare programs.
Abott to split into two
19 Oct 2011
Featured articles
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Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
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COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
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What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
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The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
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India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
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Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation