Abbott Laboratories Inc agreed to acquire India's Piramal Healthcare's healthcare solutions business for an up-front payment of $2.12 billion, in a deal it said would make it the largest pharmaceuticals company in India.
Lush green fields greet visitors to the agricultural heartland in India's northwest, some dotted with tall bundles of paddy covered with black tarpaulin, exposed to the sun, the occasional thundershower and rodents.
NEW YORK (Reuters Life!) - Ever wonder why overhearing a cellphone conversation is so annoying? American researchers think they have found the answer.
Corrects spelling of researcher's surname
Ever wonder why overhearing a cellphone conversation is so annoying? American researchers think they have found the answer.
Amid widespread speculation over future gold prices, experts in the industry are of the opinion that the gold price bubble will soon scale down to significantly lower levels in the short to medium term. Giving the gold price outlook for the short to medium term, Rajesh Mehta, Chairman of India's largest gold jewellery maker and exporter, Rajesh Exports Ltd (BOM:531500) maintained that the bull-run in the bullion metal will come to a halt and prices will soothe somewhat in near term.
The Internet is a lifeline for Asian mothers, with a survey finding two-thirds use it to shop for themselves and their children and an even bigger number going online to research purchases and talk about them.
India on Wednesday increased price of natural gas, produced by ONGC and Oil India Ltd, used for industrial purposes at par with the rate of Reliance. The cabinet approved an Oil Ministry proposal to raise the rate of gas sold to power and fertilizer firms from $1.79 per million British thermal unit to $4.20.
Fake or substandard versions of medicines are often hidden in cargos taking circuitous routes to mask their country of origin as part of criminal activity worth billions, they add.
Deere & Co reported a stronger-than-expected quarterly profit on Wednesday, and raised its full-year outlook, citing improving business conditions including a recovery in the hard-hit market for construction equipment.
Mexican auto supplier Metalsa SA de CV said on Tuesday it is not engaged in talks with Tata Motors Ltd about making Tata vehicles in Mexico.
Facebook has teamed up with 50 wireless operators to offer cellphone users a stripped-down version of the social networking site that can be accessed without incurring data charges.
Gold's identity as a 'safe haven' for investments may be challenged as the investors in India have discovered yet another safe haven, equities of Reliance Industries Ltd (BOM:500325), which is potentially high yielding investment instrument and has proved to be one of the most sought after asset classes, almost next to gold, among the Indian investor community.
Platinum and palladium prices have witnessed a big surge in the recent past following the increased demand from auto sector in China and India. But this surge has hit the auto makers in India in a big way. Due to increased competition in Indian market car makers in India have been witnessing a price war. At that time the steel prices soared and along with that platinum and palladium prices also shot up.
British insurer Prudential Plc unveiled a $21 billion cash call as it tried to put its takeover of AIG's Asian unit back on track and launched a charm offensive to woo wary shareholders.
India's Reliance MediaWorks, part of the Reliance ADA group, is training a small army of artists to meet the rise in demand for 3D films following the huge success of James Cameron's Avatar and other films.
British insurer Prudential launched its long-awaited $21 billion cash call and a delayed offensive to woo wary shareholders to back its takeover of rival AIG's Asian unit.
(Reuters) - HIV prevalence among gay and bisexual men has hit alarming levels in Asia and most of them do not have access to services and care due to punitive laws which drive them underground, a U.N.-backed report said on Monday.
British insurer Prudential launched its long-awaited $21 billion cash call and a delayed offensive to woo wary shareholders to back its takeover of rival AIG's Asian unit.
Global gold demand is set to fall in 2010 if the sales of the yellow metals on Akshay Tritiya were any indication. Most of the buyers stayed home instead of visiting jewellery shops on Akshay Tritiya, an auspicious day for Indians to buy gold. Most of the jewellery showrooms wore a deserted look on Akshay Tritiya (May 16) even though the price of gold eased from a record high Rs 18,508 on Friday to Rs 18,397 per 10 gm.
World's two largest gold consumers, India and China, have different figures to offer as afar as gold sale is concerned last week. Global leader in gold consumption, India witnessed not so impressive figures last week as traditional gold buying festival 'Akshaya Trithiya' fails to boost sales. The festival, which is more popular in south India, is the second-largest gold buying day in the world's largest market for gold.
Today is Akshaya Tritiya, one of the golden days for gold in India. Though gold has been one of the integral parts of Indian household and despite India being the largest consumer of the yellow metal in the world, two short comings have hampered the real growth of this shining metal.
