Business Standard
Saturday, Jul 04, 2009
drived banner
drived banner
  Advanced Search
Feedback | RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Smart Portfolios
  Search:

Drug cos may gain from polluting status review
P B Jayakumar / Mumbai December 2, 2008, 0:14 IST

A segment of drug companies such as tablet and capsule makers may benefit from the government’s move to review polluting status of these companies, which may help them save costs on pollution control equipment.

 
 
News Now
Paper
Specials
- Budget hopes boost Sensex
- EPFO decides 8.5% interest rate on provident fund for 2009-10
- Mixed reaction to rail budget in North Maharashtra
- Weekly Review: Sensex up 1%, awaits Union Budget
- FIIs net buyers Rs 910cr in F&O on Friday
- Japan condemns N Korea's latest missile test
More  

Presently, the pollution control norms treat both bulk drug industry (basic active ingredient makers) and formulators alike causing considerable hardships for liquid drug, tablets and capsule makers, said industry sources. A mid-sized company often spends more than Rs 1 crore on pollution control equipment.

The Central Pollution Control Board (CPCB), bowing to demands of the industry, is considering a review of the polluting status of tablets and capsule makers as they are a less polluting industry. According to informed industry sources, the CPCB is actively considering a survey and inspection of about a dozen pharmaceutical units in the medium and large scale units to consider the issue.

“We have been informed by the pollution control board authorities that they will inspect a dozen drug firms to study the matter, and if satisfied, will consider moving them to the ‘Green’ category of non-polluting companies,” said T S Jaishankar, chairman, Confederation of Indian Pharmaceutical Industries, a grouping of state-level small scale drug firm associations.

storypagge
Arrow Other Stories     
- Budget hopes boost Sensex
- Weekly Review: Sensex up 1%, awaits Union Budget
- EPFO decides 8.5% interest rate on provident fund for 2009-10
- Mixed reaction to rail budget in North Maharashtra
- FIIs net buyers Rs 910cr in F&O on Friday
- Japan condemns N Korea's latest missile test
  Read Business news in 
  The most passionate motoring online website for motoring enthusiasts
  Smart IT Strategies for Uncertain Times
  Renew Your Car Insurance with Tata-AIG AutoSecure
  Choose smart affordable IT solutions and meet customer expectations
  Required : Sales executive at Bangalore, Click here to apply
  Unique Maritime Investment opportunity - U.S. based Group dealing in piracy protection force
  Download the E-book on the Future of Business Intelligence
  Learn Best Practices for improving customer satisfaction
  Know your customers better... download the free e-book on CRM
   Discussion Board / User Comments  (0)  
Display Name  Email-Id  
Post your comment
Most Popular
Read
E-Mailed
Commented
   
- 5 Indian firms in shortlist to exploit Afghan iron ore mine
- Air India staff have not yet understood gravity of fiscal situation: Jadhav
- HUL seeks to streamline its product portfolio
- India's top table
- Ambanis move SC on K-G gas case
 
 More  


BS Poll
Cast Your Vote
 
   
 
Are you happy with the Railway Budget?
  Yes  No
Submit

  Hot Searches  
 
Manmohan Singh  |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi | L K Advani | Congress | Meenakshi Natarajan | Maruti Ritz | LTTE |  Ranbaxy | DMK | Swine Flu |  New Pension Scheme |  Q4 Results |  Tata Nano |  Service tax |  Excise duty |  Sebi | Tech Mahindra |  Election Commission |  Ramalinga Raju |  CitiBank  |  Satyam |  Maytas  |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  Bailout plan | ICICI |  Mumbai Terror Attack |  6th Pay Commission |  B-School | Mukesh Ambani | DLF  Sensex | Tax calculator |  Anil Ambani |  Infosys | Home Loan  | Bollywood | Subprime Crisis | Personal Finance |  inflation | oil prices |  World Bank | TCS |  HDFC |  Barack Obama  
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter
  BS Products BS Hindi BS Motoring
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Site Map | Contact Us