Industry
FDA pushes for warnings on generic drugs
18 Feb 2014
7-mn members to decide on Co-op Group's business future
18 Feb 2014
After suffering the worst year in its 150-year history, the United Kingdom’s Co-operative Group is turning to its 7 million member-customers, asking them what it should be like in the 21st century
Airtel confirms takeover of Loop Mobile; avoids disclosing deal size
18 Feb 2014
Bharti Airtel, India's largest mobile services company, today confirmed acquisition of Loop Mobile, for an undisclsed sum
Starr Investment consortium in pact to buy MultiPlan for reported $4.4 bn
18 Feb 2014
With a network of over 900,000 healthcare providers and extensive proprietary analytics, MultiPlan generates over $11 billion in medical cost savings on about 40 million claims annually
Actavis in talks to buy Forest Laboratories for around $25 bn
18 Feb 2014
Actavis, the world's third-largest generics prescription drug manufacturer, hopes to use the Forest acquisition to deal with the tying up of hospitals, insurers and doctors to negotiate directly to buy prescription drugs at cheaper rates from manufacturers
Reader's Digest UK sold for just £1 to media tycoon Mike Luckwell
17 Feb 2014
The UK edition of Reader's Digest has been sold by its private equity owner Better Capital for £1 to media tycoon Mike Luckwell
Online fund-raising site Kickstarter hacked
17 Feb 2014
Appeals by Indian drug firms fail to impress FDA’s Hamburg
By By Jagdeep Worah | 17 Feb 2014
India’s pharmaceutical industry supplies 40 per cent of over-the-counter and generic prescription drugs consumed to the United States. Jagdeep Worah reports
US pharma cos want clinical trial regulations in India lifted
15 Feb 2014
US drug firms argue that the new guidelines on clinical research in India that provide for financial compensation to human subjects and their families in cases of death or injury are difficult to implement
Japanese e-commerce company Rakuten to buy instant messaging app Viber for $900 mn
14 Feb 2014
Rakuten Inc, Japan’s largest e-commerce company, today struck a deal to buy Cyprus-based messaging and VoIP service operator Viber Media Ltd for $900 million, in a bid to expand in emerging markets
Global sales of smartphones surpassed feature phones in 2013: Gartner
14 Feb 2014
Sales of smartphones accounted for 53.6 per cent of overall global mobile phone sales in 2013, and exceeded annual sales of feature phones for the first time
RIL's 900 MHz hopes dashed; govt to collect Rs61,162.22 cr from auction
13 Feb 2014
RIL's Jio Infocomm, which bid aggressively for both the premium 900 Mega Hertz and the less efficient 1,800 MHz bands, today bowed out of te 900 Mghz race
Featured articles
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!
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.
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.
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
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
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
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