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Just in:   • Gulf oil earnings to touch record $562 bn in 2008  • Ban on rice, wheat exports extended till next April  • Markets crash ahead of inflation data; Sensex 434 points down  • Abu Dhabi energy firm starts work on German plant  • FCI gets nod to sell rice, wheat in domestic market  Last updated: 06 Aug, 2008    Pharma Lupin enters into alliance with US firm Staff Reporter | 19 Aug, 2008 Pharmaceutical major Lupin Laboratories has entered into a promotion and marketing agreement with US-based Forest Laboratories for its Aerochamber line of products, it announced Tuesday. .    Read more.... Govt approves 24 FDI proposals worth Rs 753.14 crore Staff Reporter | 07 Aug, 2008 Govt has announced the approval of 24 FDI proposals worth Rs 753.14 crore..    Read more.... Lupin acquires German pharma company Staff Reporter | 30 Jul, 2008 Indian pharmaceutical major Lupin Ltd has acquired Hormosan GmbH, a German sales and marketing generics company, it announced in Mumbai on Wednesday. .    Read more.... Ranbaxy posts Rs.1.6 bn profit in last quarter Staff Reporter | 29 Jul, 2008 Ranbaxy announced a net profit of Rs.1.6 billion ($39 million) on a consolidated basis in the second quarter of this year ending June 30..    Read more.... GlaxoSmithKline clocks Rs.1.14 bn profit in first quarter Staff Reporter | 28 Jul, 2008 GlaxoSmithKline Pharmaceuticals Ltd. posted a net profit of Rs.1.14 billion for the first quarter this fiscal. .    Read more.... Ranbaxy shares fall again on US probe fears Staff Reporter | 17 Jul, 2008 Ranbaxy Laboratories and Japan's Daiichi Sankyo Thursday once again said their consolidation deal struck last month was "binding and final" but the company's scrip fell 4.40 percent on the Bombay Stock Exchange (BSE) on fears of US probe into quality of Ranbaxy drugs..    Read more.... Pharmaceutical drug abuse increasing in India: UN0 Prashant K. Nanda | 26 Jun, 2008 Pharmaceutical drug abuse is increasing in South Asia, particularly India - a trend the UN says will increase the risk of diseases like HIV/AIDS and also pose a serious challenge to countries already fighting the use of narcotics. .    Read more.... CII leads to the largest biotechnology event in the world Staff Reporter | 17 Jun, 2008 The Confederation of Indian Industry (CII) is leading the Seventh Biotechnology Mission to the USA from 16th to 17th June 2008, which coincides with BIO 2008 Exhibition at San Diego, the largest Biotechnology event in the world..    Read more.... Rise in FII numbers in Sun Pharma Staff Reporter | 21 May, 2008 There is a sharp rise in stake foreign institutions investors (FIIs) in Sun Pharmaceuticals Industries Ltd in the last nine months..    Read more.... Intas Biopharma joins hands with Canadian firm IANS City-based Intas Biopharmaceuticals Ltd (IBPL) has inked a pact with Canada's Apotex Inc for co-development and supply of its filgrastim brand, Neukine, in North America..    Read more....   Top Stories » Decline in manufacture exports a matter of concern: FIEO » Textile exporters eye Asian markets » All ministries must have legal draftsmen: Chidambaram » Buyer-seller meet from October 17 » Industrial city Kanpur at its deathbed   Commented Stories » MSME Ministry proposes new scheme(12) » Are Indian SMEs getting their basics wrong?(7) » Central Sales Tax (CST) not brought down to 2 percent: report(4) » Working overtime - do companies really benefit?(3) » FM asks banks to lend more to MSMEs(1)   Customs Exchange Rates Currency Import Export US Dollar 42.55 41.95 UK Pound 84.60 83.20 Euro 66.95 65.70 Japanese Yen 39.90 39.15 As on 22 Aug, 2008   Daily Poll Do you agree that SMEs are losing out to big corporates because they are ill-informed about the market realities?  Yes  No  Can't say

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