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Ranbaxy's delay upsets analysts

Mumbai, Jan 6: Analysts' earnings estimate for Ranbaxy Laboratories in 2009 could be revised downwards due to the delay in launch of a copycat version of anti-migraine drug, Imitrex. more »


No immediate gain: auto part cos

Mumbai, Jan 6: Auto component makers will probably see the benefits of the government's stimulus package and the RBI's rate cuts only three or four months hence when their customers clear surplus inventory, officials said. more »


Sun offers Taro higher price to settle row

Mumbai, Jan 6: Sun Pharmaceuticals on Monday said that it has written to Taro Pharmaceuticals to reach a settlement with the management on taking a majority stake in the Israeli company, reported agencies. more »

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Mahindra offers Satyam cashless union

New Delhi, Jan 6: Tech Mahindra, a Mahindra & Mahindra group company, is understood to have approached Satyam Computer Services, India’s fourth-largest IT services company, for a cashless merger, according to a person close to the development. more »

 
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