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.
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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.
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Reliance Communications (RCom) will offer to settle dues worth $300 million with its overseas bondholders in a meeting on Friday. Bondholders will have to either take a steep haircut on their investments or move the National Company Law Tribunal (NCLT), experts said.
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India cautious & sceptical towards new investors, says Liberty chief
Sanjeev Gupta, executive chairman of UK-headquartered Liberty House that is getting ready to have a strong base in the country, feels that India treats new investors with suspicion.
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