piramal

‘Chewing betel leaf may help fight cancer’


September 18th, 2012 - 2:32 pm ICT by IANS
Kolkata, Sep 18 (IANS) Chewing 'paan' or betel leaf could help fight a form of bone marrow cancer, a group of Indian researchers say.A molecule derived from betel leaf may ... Read more...

Posted in Health |

Mumbai industrialist elected as Harvard Overseer (With image)


May 30th, 2012 - 4:50 pm ICT by IANS
Mumbai, May 30 (IANS) Top-notch Mumbai industrialist and director of Piramal Healthcare Ltd., Swati Piramal has been elected member of the Harvard Board of Overseers, a company statement said ... Read more...

Posted in Business |

Foreign investment in pharma to face competition check


October 11th, 2011 - 3:09 pm ICT by IANS
New Delhi, Oct 11 (IANS) India will continue to allow 100 percent foreign direct investment in the pharmaceutical sector but the competition watchdog will keep a check on the ... Read more...

Posted in Business |

Pirmal Healthcare scrip up 1.62 percent day after Vodafone deal


August 11th, 2011 - 2:16 pm ICT by IANS
Mumbai, Aug 11 (IANS) A day after announcing that it would purchase 5.5 percent in telecom major Vodafone's Indian operations, the scrip of Ajay Piramal-promoted Piramal Healthcare was ruling 1.62 ... Read more...

Posted in Business |

Foreign takeover of Indian drug-makers leaves ministry worried


August 4th, 2011 - 6:38 pm ICT by IANS
New Delhi, Aug 4 (IANS) The department of pharmaceuticals has expressed concern over the impact on domestic medicine prices due to a spate of takeovers of Indian drugs makers by ... Read more...

Posted in Uncategorized |

Blackburn Rovers postpone India trip following Mumbai blasts


July 20th, 2011 - 12:46 am ICT by IANS
New Delhi, July 19 (IANS) English Premier League club Blackburn Rovers Tuesday postponed to October their planned trip to India, for a friendly against Pune FC, following last week's bomb ... Read more...

Posted in Sports |

Blackburn Rovers to play Pune FC in exhibition match


July 13th, 2011 - 2:40 pm ICT by IANS
New Delhi, July 13 (IANS) Indian-owned English Premier League (EPL) team Blackburn Rovers will take on Pune FC in a much awaited exhibition encounter July 22.The match will played ... Read more...

Posted in Uncategorized |

Praful Patel appointed deputy chairman of AFC competition’s committee


April 21st, 2011 - 4:20 pm ICT by IANS
New Delhi, April 21 (IANS) The Asian Football Confederation (AFC) has appointed All India Football Federation (AIFF) president Praful Patel as the deputy chairman of its competitions' committee and also ... Read more...

Posted in Sports |

AIFF approaches Jindal, Videocon to sponsor I-League


November 12th, 2010 - 10:32 pm ICT by IANS
New Delhi, Nov 12 (IANS) All India Football Federation (AIFF) president Praful Patel has approached major industrial houses like Jindal Steel and Videocon to sponsor the I-League that has run into trouble. ... Read more...

Posted in Sports |

President Obama holds discussions with Indian, US businessmen in Mumbai


November 6th, 2010 - 9:12 pm ICT by ANI
Mumbai, Nov.6 (ANI): The United States President, Barack Obama, here on Saturdayaddressed a number of Indian corporate heads while opening discussions on crucial areas of cooperation like pharma, manufacturing, transportation ... Read more...

Posted in Business |

RBI rate hike may impact industrial growth


November 2nd, 2010 - 7:10 pm ICT by IANS
New Delhi, Nov 2 (IANS) The Reserve Bank of India (RBI) move to raise interest rates for the sixth time this year will have a negative impact on interest sensitive sectors like ... Read more...

Posted in Business |

Regulate foreign investment for cheaper medicines: Azad


November 1st, 2010 - 10:46 pm ICT by IANS
New Delhi, Nov 1 (IANS) Health Minister Ghulam Nabi Azad Monday warned that the recent acquisition of Indian companies by foreign multinationals (MNCs) may lead to higher drug prices."The issue of takeover ... Read more...

Posted in Health |

Wealth of 100 richest Indians pegged at $300 bn by Forbes


September 30th, 2010 - 2:16 pm ICT by IANS
Washington, Sep 30 (IANS) The net worth of 100 wealthiest Indians is estimated at $300 billion by Forbes Magazine, which ranks the two Ambani brothers, Mukesh and Anil, first and sixth respectively ... Read more...

Posted in Business |

‘Logistical bottleneck impacting country’s GDP growth’


September 24th, 2010 - 9:31 pm ICT by IANS
New Delhi, Sep 24 (IANS) The Associated Chamber of Commerce and Industry of India (Assocham) Friday said the insufficient logistical and transport infrastructure is impacting the growth of the country by two ... Read more...

Posted in Business |

Rural non-agro economy growing faster than urban: Assocham


September 17th, 2010 - 5:20 pm ICT by IANS
New Delhi, Sep 17 (IANS) The rural non-farming sector has been growing faster than that of the urban since early 1970s, says a report. The report on "Comparative growth between non-farming economy ... Read more...

Posted in Business |

Rationalise taxes on media and entertainment sector: Assocham


September 8th, 2010 - 8:14 pm ICT by IANS
New Delhi, Sep 8 (IANS) The government should resolve the issue of double taxation on the media and entertainment industry by rationalising the good and services tax, an industry association said Wednesday. In ... Read more...

Posted in Business |

Task force to look into pharma industry’s problems: Azad


September 4th, 2010 - 7:41 pm ICT by IANS
Mumbai, Sep 4 (IANS) Assuring the Indian pharma industry of the government's support, Health and Family Welfare Minister Ghulam Nabi Azad Saturday said the government has decided to constitute a task force ... Read more...

Posted in Health |

India-Gulf trade to cross $130 bn by 2014: Assocham


August 24th, 2010 - 4:09 pm ICT by IANS
New Delhi, Aug 24 (IANS) Trade between India and the six- member Gulf Co-operation Council (GCC) could exceed $130 billion by 2013-14, according to industry lobby Associated Chambers of Commerce and ... Read more...

Posted in Business |

Rate hike will hurt: Industry


July 27th, 2010 - 6:57 pm ICT by IANS
New Delhi, July 27 (IANS) India Inc Tuesday said the Reserve Bank of India's decision to raise the reverse repo rates by 50 basis points (bps) would hurt the manufacturing sector. The ... Read more...

Posted in Business |

India Inc lauds PM’s inclusive growth agenda


May 24th, 2010 - 9:01 pm ICT by IANS
New Delhi, May 24 (IANS) India Inc Monday lauded Prime Minister Manmohan Singh's strategy for inclusive growth and to rein in inflation. "FICCI is fully in agreement with the prime minister's three-fold ... Read more...

Posted in Business |

Abbott Labs pays 3.7 bn dollars to buy into Mumbai’s Piramal Healthcare


May 22nd, 2010 - 2:35 pm ICT by ANI
London, May 22 (ANI): US drug giant Abbott Laboratories has bought into the domestic business of India's Piramal Healthcare for a whopping 3.7 billion dollars.Fending off competition from other drug companies like ... Read more...

Posted in Business |

Piramal sells healthcare business to US firm


May 21st, 2010 - 2:25 pm ICT by IANS
Mumbai, May 21 (IANS) Piramal Healthcare Friday said it will sell its healthcare solutions business in India, Sri Lanka and Nepal to US-based Abbott for $3.72 billion. The business involves manufacturing, marketing and ... Read more...

Posted in Business |

Prominent Indian women bag awards for outstanding endeavours


May 6th, 2010 - 11:29 pm ICT by IANS
New Delhi, May 6 (IANS) Prominent women of India, including Barkha Dutt, Vandana Luthra, Renu Sud Karnad and Swati Piramal, were Thursday awarded for their achievements and the roles they played in ... Read more...

Posted in Business |

Assocham seeks service tax exemption on rural sales


April 4th, 2010 - 2:21 pm ICT by IANS
New Delhi, April 4 (IANS) The Associated Chambers of Commerce and Industry of India (Assocham) has urged the government to exempt companies from paying service tax on marketing and sales promotions ... Read more...

Posted in Business |

Business leaders to take part in Assam investment meet


March 8th, 2010 - 7:00 pm ICT by IANS
Guwahati, March 8 (IANS) Top corporate honchos of India are expected to attend Tuesday an investment summit here aimed at exploring opportunities for business in developing rural infrastructure, agriculture and setting up ... Read more...

Posted in Business |

Women more satisfied working in public sector than BPOs


March 7th, 2010 - 5:35 pm ICT by IANS
New Delhi, March 7 (IANS) Women working in public sector undertakings (PSUs) are more satisfied than those working in private outsourcing companies, says a study by the Associated Chamber of Commerce and ... Read more...

Posted in Business |

India Inc now looks forward to expand rail network


February 24th, 2010 - 5:57 pm ICT by IANS
New Delhi, Feb 24 (IANS) Indian industry is largely satisfied with the rail budget proposals to keep freight rates mostly frozen and the decision to co-opt the private sector in expanding ... Read more...

Posted in Business |

Profiles of recipients of the 2010 Pravasi Bharatiya Samman award


January 9th, 2010 - 8:50 pm ICT by IANS
New Delhi, Jan 9 (IANS) President Pratibha Patil Saturday conferred the prestigious Pravasi Bharatiya Samman award to 14 distinguished members of the Indian diaspora for their achievements in life and contribution ... Read more...

Posted in Uncategorized |

Piramal Healthcare to raise Rs.10 bn in 6-8 months


January 6th, 2010 - 5:33 pm ICT by IANS
Kolkata, Jan 6 (IANS) Pharmaceutical major Piramal Healthcare is planning to raise Rs.1,000 crore (Rs.10 billion) in the next six-eight months, a senior company official said here Wednesday. "We will raise Rs.1,000 crore ... Read more...

Posted in Business |

Court stays revocation of Chenab hydro project to L&T


January 1st, 2010 - 4:05 pm ICT by IANS
By Sanjay Singh New Delhi, Jan 1 (IANS) The Himachal Pradesh High Court has restrained the state government from taking any further action on its move to revoke the award of the 420-MW ... Read more...

Posted in Business |

Foreign investment in entertainment should be made easy -Juhi Chawla


December 11th, 2009 - 1:30 am ICT by Sampurn Wire
The evergreen actress Juhi Chawla unveils the blue print to attract the investor in entertainment sector. Along with the Associated Chambers of Commerce and Industry of India's (ASSOCHAM) official Mascot of ... Read more...

Posted in Entertainment |

Indian retail sector to be $410-bn by fiscal-end: Assocham


December 7th, 2009 - 6:17 pm ICT by IANS
New Delhi, Dec 7 (IANS) The Indian retail market is expected to reach $410 billion by the end of the current fiscal, according to the Associated Chambers of Commerce and Industry of ... Read more...

Posted in Business |

Entertainment and media industry to grow 11 percent annually


December 6th, 2009 - 6:34 pm ICT by IANS
New Delhi, Dec 6 (IANS) The Indian entertainment and media industry is estimated to grow 11 percent annually to touch Rs.93,200 crore (Rs.932 billion/$18.6 billion) by 2013, a report released Suday ... Read more...

Posted in Business |

India should aim at $300-bn export target by 2014: Assocham


November 20th, 2009 - 5:20 pm ICT by IANS
New Delhi, Nov 20 (IANS) India must set an export target of $300 billion by 2014 as global economies would recover by then, says the Associated Chambers of Commerce and Industry of ... Read more...

Posted in Business |

Banks’ non-performing assets up 26 percent


November 8th, 2009 - 11:23 am ICT by IANS
New Delhi, Nov 8 (IANS) The average non-performing assets (NPAs) of Indian banks during the second quarter this fiscal went up by 26 percent, says an industry lobby report. According to the report ... Read more...

Posted in Business |

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