Sohini Das

Car dealer inventories rise despite retail sales of PVs up 4% in May

Car dealer inventories rise despite retail sales of PVs up 4% in May

Indian pharma market back to pre-Covid level in FY23, says report

After a Covid-hit FY21 (when the IPM grew by only 2.2 per cent), the market posted a growth of 14.7 per cent in FY22, on a low base

Temasek buys majority stake in Manipal Health in largest wellness deal

Takes stake from promoters, TPG, NIIF at Rs 40,000 crore enterprise value

Few vaccination centres running amid steady surge in Covid-19 cases

230 of the 296 sites are private; people can now opt for mix-and-match doses of Corbevax and iNCOVACC

Hero MotoCorp offers VRS for its staff, targets leaner organisation

It has launched a voluntary retirement scheme (VRS) for its staff as it aims to make the organisation 'agile and future-ready'

Honda Motorcycle & Scooter India shuffles top management ahead of EV foray

HMSI is establishing a new scooter manufacturing line at its Vithalpur factory in Gujarat. This is expected to boost its exports from India

Mankind Pharma plans to brand medicines with API quality assurance

Firm to hit markets this year, to raise over Rs 4,000 cr

Maharashtra reports eight Covid deaths in April, four in past 24 hours

Case fatality touches 1.82%; State currently has 3,792 active cases, with Mumbai accounting for 1,162; Thane and Pune have 670 cases and 781 cases, respectively

NPPA allows drug firms to raise prices of essential medicines from April 1

Effectively the prices of 651 medicines will come down by 6.73%; WPI-linked price rise allowed this fiscal is 12.2%; about 870 formulations fall under the essential category

Semiconductor chip shortage may derail automakers FY24 production plans

Tata Motors, a leading SUV player, has said it continued to be "agile" and was monitoring situation

Shortage of electronic parts may affect production in FY24: Maruti Suzuki

Firm has already posted a 5.6 per cent dip in March even as it says it took all possible measures to minimise the impact

We can raise money in our new venture firms in future, says Lupin MD

In a digital health venture, I would love to go into areas where we have equity with doctors. Respiratory is one area where I am very interested in, says Nilesh Gupta, MD, Lupin

People rush back to vaccination centres as Covid-19 scare resurfaces

Hospitals check equipment, trial run of oxygen plants ahead of mock drills

All our innovations have a bit of India in them: Siemens Healthineers CTO

In a Q&A, Peter Schardt talks about the Rs 1,300 crore campus his company is setting up in India, and dwells on the firm's plans in the country

India reports 3,095 Covid-19 cases on Friday, total infections at 15,208

Maharashtra fresh cases drop 38% from Thursday; Delhi reserves 7,986 beds for the infected

40% jump in cases in a day: Will a fresh wave of Covid-19 hit India?

India continues to report a spike, but experts are divided on whether the surge is a wave yet or a ripple

Imported drugs for rare diseases to be exempt from customs duty

Normally, medicines attract a basic customs duty of 10%, while some life-saving drugs or vaccines attract a concessional rate of 5%, or are completely exempt from duties

Star SME: Fine Organic Industries sets its sights firmly on the future

Fine Organic Industries' R&D strengths have helped it forge ahead in the chemicals business

India reports 2,151 fresh Covid cases, highest single-day rise in 5 months

At present, active case load in the country is 11,903 cases, according to Health Ministry; daily positivity rate is 1.51%, while weekly positivity rate is 1.53%

Cracking the whip: 18 drug companies lose licence over spurious medicines

Move comes after Drugs Controller General of India conducts inspection on 76 drug firms in 20 states