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Last updated: 19 Jul, 2012  
 Pharma


PIL against Ranbaxy: SC says not smelling foul
SME Times News Bureau | 11 Jun, 2013
Observing that it could not go on "smelling foul" in everything, the Supreme Court Monday asked a petitioner as to what proof he had that pharma major Ranbaxy was marketing in India the alleged adulterated drugs that it sold in the US.
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Centre gives over Rs.500 cr for alternate medicine
SME Times News Bureau | 10 Jun, 2013
The central government has given more than Rs.500 crore to various states for bringing AYUSH (ayurveda, yoga, unani, siddha and homeopathy) forms of medicine into the mainstream.
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Govt backs Ranbaxy on sub-standard drugs issue
SME Times News Bureau | 08 Jun, 2013
Backing pharma major Ranbaxy, who has been accused of marketing sub-standard medicines, the health ministry Friday said there was nothing wrong with the quality of its drugs.
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Plea in SC seeks action against Ranbaxy
SME Times News Bureau | 06 Jun, 2013
The Supreme Court was moved Wednesday for a direction to the centre to cancel the manufacturing licences of pharma major Ranbaxy and its group companies for allegedly marketing sub-standard medicines.
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Goose launches new solution for pharma industry
SME Times News Bureau | 28 May, 2013
Pharmaceutical business re-engineering solutions pioneer Goose Monday announced the launch of 'Goose quality manager' to help track and manage the deviations effectively.
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New guidelines for pharma exporters to EU announced
SME Times News Bureau | 23 May, 2013
The government has announced a set of guidelines for Indian exporters of pharma products to the European Union to help the sector meet new standards for import of bulk drugs into the 27-nation economic block.
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Sami Labs eyes Indian market to boost sales
SME Times News Bureau | 21 May, 2013
Leading pharma and nutraceutical export player Sami Labs Monday unveiled a holistic strategy to increase its market share in India to 10 percent in the near future from two percent currently.
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Ranbaxy to pay $500 mn to settle US fraud charges
SME TImes News Bureau | 14 May, 2013
A subsidiary of Indian generic drug-maker Ranbaxy Laboratories has pleaded guilty to federal charges of selling adulterated drugs with intent to defraud and agreed to pay USD 500 million to resolve false claim allegations.
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Dr Reddy's net profit up 78.54 pc in Q4
SME TImes News Bureau | 14 May, 2013
Dr Reddy's Laboratories net profit for the fourth quarter (January-March) of 2012-13 went up by 78.54 percent, the company said in a statement Tuesday to the Bombay stock Exchange.
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Chemists on strike today against FDI, new drug policy
SME TImes News Bureau | 10 May, 2013
Around 7.5 lakh chemists across India will keep their shutters down on Friday as they join a day-long strike call given by the All India Organization of Chemists and Druggist ( AIOCD) against the entry of Foreign Direct Investment (FDI) in pharma trade and many other government policies.
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  Customs Exchange Rates
Currency Import Export
US Dollar
56.85
55.85
UK Pound
87.40
85.35
Euro
74.60
72.90
Japanese Yen 57.05 55.65
As on 19 Jun, 2013
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Is Rupee weakness really helping exports?
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