News digest: Firms on drug price control, RCom bond test tomorrow, and more

Argue 20-90% rise in raw material prices could lead to production issues and shortage in domestic markets

Drug firms ask govt to ease price control

Pharmaceutical companies have approached the government to raise the ceiling prices of drugs under price control, at least temporarily. If the government yields to the drugmakers’ demands, it would be a rare move under the Drug Price Control Order (DPCO) of 2013. Read more

Samsung overhauls India strategy for a comeback

Leading consumer technology firm Samsung India is transforming its business strategy, with a clear focus on the mass segment where rivals have been quick to corner market share. Read more

RCom bond test